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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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$499,900 For Sale

25970 Soboba Street
Hemet, CA 92544

8 beds, 5 full, 1 partial baths | Single Family Home
3,569 sq ft; lot: 0.83 acres - MLS# SW18283449
Property Photo
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Description

Two homes on one lot, and this property has so much to offer! Should qualify for FHA/VA 2-unit home loan. Gorgeous 6 bedroom 4 bath, single story home with 2 bed/2 bath back house and in ground pool. Perfect set-up for the multi-generational family or for extra income! Bring your RV and toys, even zoned for horses! Main home features six generous sized bedrooms 4 bathrooms, and an updated, open kitchen with butler's pantry. You will love the laminate wood flooring, upgraded panel doors, whole house fan, and ceiling fans throughout. Additional upgrades include granite counter tops, and nearly new Kitchen Aid convection oven & stovetop, and Bosch dishwasher. Entertainer's delight with open kitchen and living areas, with easy access to large covered patio with misters. Back house is permitted and built in 2004, offers two bedrooms, each with ensuite baths, one shower being handicapped-accessible. Main house is approximately 2700 sqft, back house is approximately 875 sqft. with a 2 car attached garage. Homes are connected by a custom patio cover and share access to the fully fenced pool. Spacious, fully fenced yard includes mature fruit trees, orange, blood orange, lemon, tangerine, grapefruit, apricot, peaches, grapes, pomegranates. If that isn't enough, there is also PAID solar, no lease or loan! It is a 10 panel (Langley 225) plug & play expandable system. Low Tax area.

Features

  • # of Parking Spaces: 8.00
  • 3/4 Baths: 1
  • Accessibility: 2+ Access Exits,Disability Features,Grab Bars In Bathroom(s)
  • Appliances: Convection Oven, Dishwasher, Electric Stove, Garbage Disposal, Microwave, Range/Stove Hood
  • Appliances YN: Yes
  • Area: 223 - Hemet/San Jacinto
  • Bathroom Features: Bathtub, Shower, Shower in Tub, Double Sinks In Master Bath, Exhaust fan(s), Granite Counters, Jette
  • Baths: 6
  • Bedrooms: 8
  • Carport Spaces: 6.00
  • Co-Listing Agent License: 01314447
  • Co-Listing Office License: 01884123
  • Community Features: Suburban
  • Construction Materials: Stucco
  • Cooling: Central, Dual, Whole House Fan
  • Cooling YN: Yes
  • Country: US
  • Direction Faces: West
  • Directions: Hwy 74 E - turn south on Soboba St.
  • Door Features: Panel Doors, Sliding Glass Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Electric: 220V In Garage, 220V In Laundry, Electricity - On Property, Photovoltaics Seller Owned
  • Fence YN: Yes
  • Fencing: Chain Link, Excellent Condition, Wrought Iron
  • Flooring: Laminate, Tile
  • Full Baths: 5
  • Garage: 2-Car
  • Heating: Central Furnace, Natural Gas
  • Heating YN: Yes
  • Interior Features: Built-Ins, Ceiling Fan, Dry Bar, Granite Counters, Open Floor Plan, Recessed Lighting, Storage Space
  • Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Open to Family Room, Remodeled Kitchen, Tile Counters
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01371609
  • Listing Office License: 01884123
  • Listing Status: Active
  • Lot Dimensions: 295 x 125
  • Lot Dimensions Source: Assessor
  • Lot Features: Horse Property, Horse Property Unimproved, Lot 20000-39999 Sqft
  • Lot Size: 0.8300
  • Lot Size Area: 36155.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 8
  • Major Change Type: New Listing
  • MLS: CRM
  • Other Structures: Guest House, Guest House Detached, Two On A Lot
  • Parking Features: Boat, Carport Detached, Covered Parking, Driveway - Gravel, Garage, RV Access/Parking, RV Covered, R
  • Parking Spaces: 8.00
  • Parking YN: Yes
  • Patio And Porch Features: Covered, Patio, Slab, Tile, Wood
  • Patio YN: Yes
  • Pool: Private,In Ground, Yes
  • Pool or Spa: Private,In Ground, Yes
  • Property Condition: Turnkey
  • Property Type: Single Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Tile
  • Room Type: All Bedrooms Down, Family Room, Laundry, Master Bathroom, Master Bedroom
  • School District: Hemet Unified
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Conventional Septic
  • Spa Features: Private, In Ground
  • Spa YN: Yes
  • Sq.Ft.: 3569
  • Stories: One
  • Stories Total: 1
  • Style: Ranch
  • Sub Type: Single Family Residence
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Window Features: Double Pane Windows, Insulated Windows
  • Year Built: 1964
  • Year Built Source: Assessor
  • Zip Code: 92544
  • Zoning: R-1
  • View: Neighborhood, Yes

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