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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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$2,550 For Rent

45584 Via Puebla
Temecula, CA 92592

4 beds, 2 full, 1 partial baths | Rental
2,586 sq ft; lot: 5663 sq ft - MLS# SW18146124
Property Photo
1/28

Description

Beautiful 4 BD PLUS DEN IN PRESTIGIOUS REDHAWK GOLF COURSE COMMUNITY (GREAT OAK HIGH SCHOOL DISTRICT) Golf course community living in prestigious Redhawk! 4 BD/2.5 BA plus Den. Very quiet neighborhood, wide street, great neighbors. It has an open spacious floorplan. Formal living and dining areas. Spacious kitchen with granite countertop, center island and top of the line stainless steel appliances, Bosch cooktop, GE microwave/oven! Neutral paint interior colors, crown moulding, plantation shutters, 3 car tandem garage. Huge master bedroom and bathroom with walk-in closet. Very peaceful backyard with grapevines growing. A must see!! Available by June 23.

Features

  • # of Parking Spaces: 3.00
  • Appliances: Built In Range, Convection Oven, Dishwasher, Gas Stove, Microwave
  • Appliances YN: Yes
  • Area: 213 - Temecula-South
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower
  • Baths: 3
  • Bedrooms: 4
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks, Street Lighting
  • Cooling: Central, Dual
  • Cooling YN: Yes
  • Country: US
  • Deposit Pets: 500
  • Deposit Security: 2500
  • Directions: Cross Streets: Peppercorn
  • Eating Area: Breakfast Nook, Family Kitchen
  • Elevation Units: Feet
  • Fireplace: Family Room, Yes
  • Flooring: Carpet, Wood
  • Full Baths: 2
  • Furnished: Unfurnished
  • Garage: Yes
  • Garage Spaces: 3.00
  • Half Baths: 1
  • Heating: Central Furnace
  • Heating YN: Yes
  • High School: Greoak2
  • Inclusions: Gardener
  • Insurance Water Furniture YN: Yes
  • Interior Features: Cathedral-Vaulted Ceilings, Crown Moldings, Granite Counters, High Ceilings (9 Feet+), Open Floor Pl
  • Kitchen Features: Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen
  • Laundry Features: Washer Hookup
  • Laundry YN: Yes
  • Lease Term: 12 Months
  • Listing Agent License: 01918071
  • Listing Office License: 01884123
  • Listing Status: Active
  • Living Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 0.1300
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 1
  • MLS: CRM
  • Parking Spaces: 3.00
  • Pets Allowed: Call
  • Pool: Association
  • Pool or Spa: Association
  • Property Attached YN: Yes
  • Property Type: Rental
  • Rent Includes: Association Dues, Gardener
  • Room Type: All Bedrooms Up, Den, Family Room, Living Room
  • School District: Temecula Unified
  • Security Features: Security System
  • Sq.Ft.: 2586
  • Stories: Two
  • Sub Type: Single Family Residence
  • Total Baths: 3
  • Utilities: Sewer Available
  • Water Source: Public
  • Year Built: 1998
  • Year Built Source: Assessor
  • Zip Code: 92592
  • View: Park Or Green Belt, Yes

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