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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.

 

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951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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$2,595 For Lease

23508 Gingerbread Drive
Murrieta, CA 92562

4 beds, 3 full, 1 partial baths | Rental
3,134 sq ft; lot: 8276 sq ft - MLS# SW18129751
Property Photo
1/8

Description

Beautiful Culdesac home with no rear neighbors! Home features whole house fan, Laminate flooring throughout. living room and dining room. Kitchen offers Double Ovens, Gas Cook Top, Microwave, Granite Counter Tops, Kitchen Island, and a large pantry. Family room with fireplace. Mainfloor Bedroom with bathroom next to it for guests. Downstairs has a den/playroom/office. Wine 'closet' next to stairs. Upstairs the Master Bedroom has a double sided Fireplace with sitting area, an added 2 Door Large Closet plus and enclosed Walk-In Closet. Large Deck outside the Master Bedroom with view. Master Bathroom has dual sinks, shower and a jacuzzi tub. Upstairs loft for a Game Room/Office, two bedrooms with full bath. The backyard has several fruit trees, a large BBQ with Bar and Cook Top. Storage room attached on side of home. 3 car garage. Hurry, this one will go fast. No Pets

Features

  • # of Parking Spaces: 3.00
  • Area: 207 - Murrieta-Central
  • Baths: 4
  • Bedrooms: 4
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Sidewalks, Storm Drains, Street Lighting
  • Cooling: Central, Whole House Fan
  • Cooling YN: Yes
  • Country: US
  • Deposit Security: 2595
  • Directions: Clinton Keith to Spinning wheel to Gingerbread
  • Elevation Units: Feet
  • Fireplace: Family Room,Master Bedroom, Yes
  • Full Baths: 3
  • Furnished: Unfurnished
  • Garage: Yes
  • Garage Spaces: 3.00
  • Half Baths: 1
  • Heating: Central Furnace
  • Heating YN: Yes
  • Insurance Water Furniture YN: Yes
  • Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open to Family Room
  • Laundry Features: Individual Room
  • Laundry YN: Yes
  • Lease Term: 12 Months
  • Listing Agent License: 01943278
  • Listing Office License: 01884123
  • Listing Status: Active
  • Living Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size: 0.1900
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • MLS: CRM
  • Parking Spaces: 3.00
  • Property Type: Rental
  • Room Type: Kitchen, Loft, Main Floor Bedroom, Walk-In Closet, Workshop
  • School District: Murrieta
  • Sq.Ft.: 3134
  • Stories: Two
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Total Baths: 4
  • Water Source: Public
  • Year Built: 1990
  • Year Built Source: Assessor
  • Zip Code: 92562
  • Zoning: R-1
  • View: See Remarks, Yes

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