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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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It's Simple...It's Easy...Simply Pick Up the Phone Today!

Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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Sold

28310 Palm Villa Dr
Menifee, CA 92584

2 beds, 2 baths | Single Family Home
1,409 sq ft; lot: 4792 sq ft - MLS# SW18137189
Property Photo

Sold

Sold on Jul 24, 2018

Description

Location, location, location!!! On the Golf Course!! Expansive views of Menifee Lakes Golf Course-provides relaxation the moment you arrive. Move in ready! Freshly painted, many updates. Step inside and appreciate this spacious home, with vaulted living room ceiling, surrounded by bright windows and the feel of wood floors. Larger lot, only one side has a neighbor-Terrific floor plan with two bedrooms plus a flex space, currently used as a den/option bedroom just needs a closet/has double door entry. Two large baths. Expanded master bedroom suite with huge walk in closet . Dual sinks and walk in tub shower in master bath. The 10 X 10 addition provides additional space to the master suite. So many options-yoga studio or exercise space, crafting central, office or enjoy as a lovely sitting area Very large back patio overlooks the 3rd fairway. Raised brick planters wrap the nicely shaded patio, with its solid pergola patio cover. Steps away from Pool, Spa and Clubhouse. Clubhouse has pool table, big screen TV, BBQ, Library, computer and printer. Close to walking trail around Menifee lake, swim beach, shopping, and health care plus super easy access to I215. Very active 55+ senior community.

Features

  • # of Parking Spaces: 2.00
  • Appliances: Dishwasher, Free Standing Range, Garbage Disposal, Gas Stove, Gas Water Heater, Microwave
  • Appliances YN: Yes
  • Area: 227 - Menifee
  • Association Amenities: Pool, Spa, Barbecue, Picnic Area, Billiard Room, Card Room, Recreational Multipurpose Room, Dues Pai
  • Association Fee: 66.00
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Fee2: 66.00
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower in Tub, Double Sinks In Master Bath, Exhaust fan(s), Jetted Tub, Soaking Tub
  • Baths: 2
  • Bedrooms: 2
  • Community Features: Golf Course, Gutters, Sidewalks, Storm Drains, Street Lighting
  • Construction Materials: Stucco
  • Cooling: Central, Gas
  • Cooling YN: Yes
  • Country: US
  • Directions: Antelope Rd north of Newport Rd. Rt on Palm Villa Drl
  • Eating Area: Breakfast Nook, In Kitchen
  • Exterior Features: Rain Gutters
  • Fireplace: Living Room,Gas Starter, Yes
  • Flooring: Carpet, Laminate
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: Yes
  • Garage Spaces: 2.00
  • Heating: Central Furnace, Forced Air
  • Heating YN: Yes
  • Interior Features: Cathedral-Vaulted Ceilings, Ceiling Fan, Ceramic Counters, Pantry, Storage Space, Tile Counters
  • Kitchen Features: Remodeled Kitchen, Tile Counters
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 00916706
  • Listing Office License: 01884123
  • Listing Status: Closed
  • Lot Features: 0-1 Unit/Acre, Corners Established, Front Yard, Landscaped, On Golf Course, Sprinkler System, Sprink
  • Lot Size: 0.1100
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Major Change Type: Closed
  • MLS: CRM
  • Number Of Units In Community: 1
  • Number Remotes: 1
  • Parking Features: Assigned, Driveway - Concrete, Garage - Front Entry, Garage - Two Door, Garage Door Opener
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Concrete, Covered, Patio, Slab
  • Patio YN: Yes
  • Pool: Community Pool,Fenced,Heated,In Ground,Solar Heat
  • Pool or Spa: Community Pool,Fenced,Heated,In Ground,Solar Heat
  • Property Condition: Additions/Alterations, Termite Clearance, Turnkey
  • Property Type: Single Family Home
  • Room Type: All Bedrooms Down, Den, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • School District: Perris Union High
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Selling Agent: Ramona Soza
  • Selling Agent License: 00968209
  • Selling Office: Realty One Group Masters
  • Senior Community: Yes
  • Sewer: Sewer Paid
  • Sold Date: 2018-07-24 00:00:00
  • Sold Price: 299950.00
  • Spa Features: Association, Heated, In Ground
  • Spa YN: Yes
  • Sprinklers: Yes
  • Sq.Ft.: 1409
  • Stories: One
  • Style: Traditional
  • Sub Type: Single Family Residence
  • Total Baths: 2
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Double Pane Windows, Garden Window, Screens, Tinted Windows
  • Year Built: 1990
  • Year Built Source: Assessor
  • Zip Code: 92584
  • Golf Course: Yes, See View
  • View: Golf Course, Yes

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