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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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$265,000 For Sale

26356 Brandywine Court
Menifee, CA 92586

2 beds, 2 baths | Single Family Home
1,206 sq ft; lot: 9148 sq ft - MLS# SW18178616
Property Photo
1/26

Description

RV PARKING on site! Wonderful SENIOR home in the Sun City area of Menifee! This 2 bedroom 2 bath home has been well cared for. Kitchen is bright, has a NEW dishwasher and a large pantry. Living room, dinning area and both bedrooms have ceiling fans. The home has a huge covered back patio for entertaining and relaxing. The A/C compressor (solar powered) and roof are 5 years old. The vinyl fence and the patio carpet are ONE year new. Large Corner lot has a low maintenance front yard and a back yard with a garden area, grass area and a LARGE RV concrete pad for your favorite toy!! Side gate and street entrance without the curb makes it easier to park your RV too! Lovely backyard features Fresh fruit trees: red ruby grapefruit, lime, apricot, "cara cara" oranges, nectarines, naval oranges, meyer lemons, fiji apples, black berry bush and strawberries!!! Laundry room has loads of storage and the golf cart room is set up for a work area, more storage or craft room. BONUS: BOTH FLAT SCREEN TV's on the wall are INCLUDED!! Close to shopping, restaurants, freeway and medical facilities. Come by and see this comfortable home.

Features

  • # of Parking Spaces: 2.00
  • Appliances: Built In Range, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Garbage Disposal,
  • Appliances YN: Yes
  • Area: 227 - Menifee
  • Association Amenities: Pool, Spa, Bocce Ball Court, Gym/Ex Room, Club House, Billiard Room, Pet Rules, Security
  • Association Fee: 325.00
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower, Shower in Tub
  • Baths: 2
  • Bedrooms: 2
  • Co-Listing Agent License: 01295001
  • Co-Listing Office License: 01884123
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Cooling: Central, Electric
  • Cooling YN: Yes
  • Country: US
  • Directions: I-215, Exit McCall, right on Gross Pointe, right on Brandywine.
  • Eating Area: Area
  • Electric: 220V In Laundry
  • Exterior Features: Awning, Rain Gutters
  • Fence YN: Yes
  • Fencing: Block, Chain Link, Vinyl
  • Flooring: Carpet, Tile, Vinyl
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: Yes
  • Garage Spaces: 2.00
  • Heating: Central Furnace, Forced Air
  • Heating YN: Yes
  • Inclusions: 2 VIZIO flat screen TV's, counter top microwave, black out drapes & window shades
  • Interior Features: Ceiling Fan, Pantry, Storage Space
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01371471
  • Listing Office License: 01884123
  • Listing Status: Active
  • Lot Features: Back Yard, Corner Lot, Garden, Rocks, Sprinkler System, Yard
  • Lot Size: 0.2100
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Major Change Type: New Listing
  • MLS: CRM
  • Other Structures: Shed(s)
  • Parking Features: Converted Garage, Covered Parking, Driveway, RV Access/Parking, RV Gated
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Covered, Patio
  • Patio YN: Yes
  • Pool: Association
  • Pool or Spa: Association
  • Property Type: Single Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Room Type: Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet, Workshop
  • School District: Menifee Union
  • Senior Community: Yes
  • Spa Features: Association
  • Spa YN: Yes
  • Sq.Ft.: 1206
  • Stories: One
  • Stories Total: 1
  • Style: Spanish
  • Sub Type: Single Family Residence
  • Total Baths: 2
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Blinds, Drapes/Curtains
  • Year Built: 1970
  • Zip Code: 92586
  • Zoning: R-1
  • View: Neighborhood, Yes

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