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The President/CEO and team of professionals at Diamond Real Estate Group have collectively sold thousands of homes. 

Years of experience, training and continuing education keeps our team on top of the market and up-to-date on local and national real estate trends.  Dedicated, award-winning agents at your service!

Diamond Real Estate Group, Inc.

951.672-6711

www.dreginc.com

The Southern California housing market, known for its dramatic swings, is settling into a more normal, healthy pattern.

Home sales are up. All-cash and investor purchases are down. And home prices are rising at a more sustainable pace than in the last few years.

Economists said those factors put the regional housing market on a path for growth that won't wash away in a tsunami of foreclosures and ruined credit scores.

“The healing continues,” said Stuart Gabriel, director of UCLA's Ziman Center for Real Estate

Notably, it appears more families are entering the market as the economy improves. Although still elevated in comparison to long-term averages, the share of absentee buyers — mostly investors — slid to 21.1%, the lowest percentage since April 2010, CoreLogic said.

“This is the real recovery,” Christopher Thornberg, founding partner of Beacon Economics, said of a market where increasingly buyers actually want to live in the houses they purchase. “The last was the investor recovery.”

Sustained job growth has given more people the confidence to buy houses, CoreLogic analyst Andrew LePage said.

The housing market improvement extends nationally, with sales of previously owned homes up in May to the highest pace in nearly six years, partly because more first-time buyers entered the market, according to data from the National Assn. of Realtors.

One factor driving deals is an expected decision from the Federal Reserve to raise its short-term interest rate later this year, real estate agents say.

In response, families rushed to lock in historically low rates this spring, agents say. CoreLogic's sales figures represent closed deals, meaning most went into escrow during May.

For now, deals are on the rise and people are paying more.

Sales and prices climbed in all six Southland counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.

The sales increase, the largest in nearly three years, put the number of sales just 9.6% below average, CoreLogic said. A year ago, sales were nearly 24% below average.

Make no mistake.  The time is now.

 

Thinking of Buying a Home?

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951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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Sold

29386 Milford Court
Menifee, CA 92584

4 beds, 2 full, 1 partial baths | Single Family Home
2,255 sq ft; lot: 8276 sq ft - MLS# SW18122137
Property Photo

Sold

Sold on Jul 31, 2018

Description

Wonderful cul-de-sac location!! Lovely home with 4 bedrooms & 2 1/2 Baths! Large yard with playset (included) and grass area in back! Low maintenance Alumawood patio cover & beautiful stamped concrete patio makes entertaining so easy! Inside, plank style tile flooring is so cool & easy to maintain and looks great! Attractive fireplace in Large family room right off the kitchen for more entertaining fun! Three bedrooms & large Master suite upstairs, plenty of room! This home has everything! Storage cabinets, metal ceiling shelf & a work bench in the garage, partial new fencing and a raised vegetable garden in the back and drip system watering on outside perimeter. Another plus for home owners in this area: LOW SPECIAL ASSESSMENTS!! LOCATION, LOCATION!! Fast growing Menifee has so much to offer & all is so close: Great schools, shopping, freeway access, restaurants, hospitals, Parks & recreation facilities and more!! Be part of this growing community!!

Features

  • # of Parking Spaces: 2.00
  • Appliances: Dishwasher, Free Standing Range, Garbage Disposal, Gas Range, Microwave, Refrigerator, Water Line to
  • Appliances YN: Yes
  • Area: 227 - Menifee
  • Bathroom Features: Bathtub, Shower in Tub, Separate tub and shower
  • Baths: 3
  • Bedrooms: 4
  • Community Features: Curbs, Sidewalks
  • Construction Materials: Stucco
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: I-215 exit Newport East, left on Menifee Rd., Right on Camino crystal, Left on Peacock Mountain,
  • Door Features: Panel Doors, Sliding Glass Door(s)
  • Eating Area: Dining Room
  • Electric: 220V In Garage
  • Exterior Features: Lighting
  • Fence YN: Yes
  • Fencing: Average Condition, New Condition
  • Fireplace: Family Room,Gas Starter,Wood, Yes
  • Flooring: Carpet, Tile, Vinyl
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: Yes
  • Garage Spaces: 2.00
  • Half Baths: 1
  • Heating: Central Furnace, Fireplace
  • Heating YN: Yes
  • High School: Herita
  • Inclusions: Refrigerator, window BLINDS, Play set in backyard
  • Interior Features: Cathedral-Vaulted Ceilings, Ceiling Fan, Crown Moldings, Granite Counters, High Ceilings (9 Feet+),
  • Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open to Family Room
  • Laundry Features: Individual Room, On Upper Level, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01371471
  • Listing Office License: 01884123
  • Listing Status: Closed
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Sprinkler System, Sprinklers Drip System, Sprinkler
  • Lot Size: 0.1900
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 1
  • Major Change Type: Closed
  • MLS: CRM
  • Parking Features: Driveway - Concrete, Garage, Garage Door Opener
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Concrete, Covered, Patio
  • Patio YN: Yes
  • Property Condition: Additions/Alterations
  • Property Type: Single Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Spanish Tile
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-I
  • School District: Perris Union High
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector, Wired for Alarm System
  • Selling Agent: Andrew Lewis
  • Selling Agent License: 01914085
  • Selling Office: Signature Real Estate Group
  • Selling Office License: 01520167
  • Sold Date: 2018-07-31 00:00:00
  • Sold Price: 390000.00
  • Sprinklers: Yes
  • Sq.Ft.: 2255
  • Stories: Two
  • Stories Total: 2
  • Style: Spanish
  • Sub Type: Single Family Residence
  • Total Baths: 3
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Blinds, Screens
  • Year Built: 2005
  • Zip Code: 92584
  • Zoning: SP ZONE

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