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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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Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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$225,000 For Sale

28277 Paseo Grande Drive
Sun City, CA 92586

2 beds, 2 baths | Single Family Home
1,340 sq ft; lot: 2178 sq ft - MLS# SW18267101
Property Photo
1/13

Description

Beautiful senior home. Light and Bright, spacious great room, wonderful floor plan. Completely remodeled kitchen. Appliances included, plus washer and dryer. Easy care flooring, extended master bedroom, room for your office or exercise room. Large covered back patio. Front gated atrium. Super locatin walk to club house and pool. Great location close to all your needs. Golf courses nearby. Easy access to the 215 Freeway. New large shopping center within 10 mins. Markets, banks etc. 5 mins. away. Senior complex has it own swimming pool, spa, tennis courts and club house. This home is located in the Del Webb Senior community, within walking distance, less than a mile, offering many activities, Lawn bowling, shuffle board courts, wood shop, cards, 2 swimming pools, exercise room, many clubs, etc. do a little do a lot.

Features

  • # of Parking Spaces: 2.00
  • Appliances: Electric Oven, Electric Range, Electric Stove, Garbage Disposal
  • Appliances YN: Yes
  • Area: 227 - Menifee
  • Association Amenities: Pool, Spa, Barbecue, Pest Control, Card Room
  • Association Fee: 275.00
  • Association Fee 2 Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association Fee2: 311.00
  • Association YN: Yes
  • Baths: 2
  • Bedrooms: 2
  • Common Walls: 2+ Common Walls
  • Community Features: Gutters
  • Cooling: Central, Electric
  • Cooling YN: Yes
  • Country: US
  • Directions: north on Grosse Pt. left on Birkdale, left on Paseo Grande
  • Electric: 220V In Garage
  • Flooring: Laminate
  • Full Baths: 2
  • Garage: Yes
  • Garage Spaces: 2.00
  • Heating: Central Furnace
  • Heating YN: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01156426
  • Listing Office License: 01884123
  • Listing Status: Active
  • Lot Features: Level with Street, 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
  • Parking Spaces: 2.00
  • Pool: Association,Community Pool,Heated,In Ground
  • Pool or Spa: Association,Community Pool,Heated,In Ground
  • Property Attached YN: Yes
  • Property Type: Single Family Home
  • Room Type: All Bedrooms Down, Atrium, Great Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Wa
  • School District: Perris Union High
  • Senior Community: Yes
  • Sewer: Public Sewer
  • Sq.Ft.: 1340
  • Stories: One
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Total Baths: 2
  • Utilities: Cable Connected
  • Water Source: Public
  • Window Features: Blinds
  • Year Built: 1976
  • Year Built Source: Assessor
  • Zip Code: 92586
  • Zoning: R-2A

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