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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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$192,000 For Sale

26033 Verde Grande Court
Sun City, CA 92586

2 beds, 2 baths | Condo/Townhouse
1,285 sq ft; lot: 2178 sq ft - MLS# SW18214062
Property Photo
1/18

Description

Beautiful retirement home, super clean, shows like a model, EXCELLENT CONDITION. Newer efficient upgraded $15,000. air conditioning unit, plus newer water heater. Custom front entry windows, tile entry. Secured Atriums front entry and off the master bed room. Open floor plan featuring a great room. Efficient kitchen, lots of cupboards. Large master bedroom with 2 closets, one is a walk-in. Skylights in both bathrooms. Great location, 10 mins. to a very large shopping center and entrance to the 215 frwy. Local markets, banks, and all your needs within 5 mins. this lovely home in located within the Sun City Civic association, featuring many activities, 2 swimming pools, spa, wood shop, shuffle board court. lawn bowling, many activities to choose from, do a little do a lot. There is also a large pool, spa, and club house in this complex. The association, pays for all your water, trash pick up, outside maintenance, including roofs, outside painting and insurance.

Features

  • # of Parking Spaces: 2.00
  • Area: 227 - Menifee
  • Association Amenities: Pool, Spa, Barbecue, Gym/Ex Room, Club House, Billiard Room, Card Room, Meeting Room, Sewer, Water
  • Association Fee: 275.00
  • Association Fee 2 Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association Fee2: 317.00
  • Association YN: Yes
  • Baths: 2
  • Bedrooms: 2
  • Common Walls: 1 Common Wall, End Unit
  • Community Features: Street Lighting
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: Cherry Hills to Buena Mesa left on Verde Court
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: Yes
  • Garage Spaces: 2.00
  • Heating: Central Furnace
  • Heating YN: Yes
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01156426
  • Listing Office License: 01884123
  • Listing Status: Active
  • Lot Features: Corner Lot, Cul-De-Sac, Landscaped, Lot-Level/Flat, Sprinkler System
  • Lot Size: 0.0500
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Major Change Type: New Listing
  • MLS: CRM
  • Number Of Units In Community: 97
  • Number Remotes: 1
  • Parking Spaces: 2.00
  • Pool: Association,Community Pool
  • Pool or Spa: Association,Community Pool
  • Property Attached YN: Yes
  • Property Condition: Turnkey
  • Property Type: Condo/Townhouse
  • Room Type: Main Floor Master Bedroom, Walk-In Closet
  • School District: Perris Union High
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Senior Community: Yes
  • Sewer: Sewer Paid
  • Sq.Ft.: 1285
  • Stories: One
  • Stories Total: 1
  • Sub Type: Condominium
  • Total Baths: 2
  • Water Source: Public
  • Window Features: Atrium, Skylights
  • Year Built: 1973
  • Year Built Source: Assessor
  • Zip Code: 92586
  • Zoning: R-2A
  • View: See Remarks, Yes

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