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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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$199,900 Pending

28365 Paseo Grande Drive
Sun City, CA 92586

2 beds, 2 baths | Single Family Home
1,285 sq ft; lot: 2178 sq ft - MLS# SW19002696
Property Photo
1/31

Description

Beautiful Retirement home. Can lights in kitchen with large skylight. Light and bright, plenty of storage and counter space and a convenient pantry. All appliances are like new, hardly used. This homes has been Gently used, as a Winter Home for the owners. Great room, spacious with fireplace and super view of large landscaped area and winter snow on the mountain tops. Large bedrooms, master has a large walk-in closet plus an extra closet. Guest bedroom, has a large closet also, window features plantation shutters. This home is super clean and move-in ready. Quiet location, private large covered back patio, there is also a gated atrium off the master bedroom open to large landscaped common area. Sizable Gated front atrium. Water, trash, gardening, outside maintenance, and insurance are covered by the H O A. There is a large swimming pool and spa in the complex. Also use of a large club house, with some planned activities. A tennis court all within a very short walk from your front door. This property is also located within the Sun City Civic Assoc. area offering many activities, lawn bowling, shuffleboard courts, wood shop, cards and much more, do a little or do a lot. There are 2 large pools. spa, large club house. 10 mins driving to a large new shopping center, and the 215 Fwy. entrance. Or walk approx. 1 mile to town, offering markets, banks, etc. all you needs are locally available.

Features

  • # of Parking Spaces: 2.00
  • Area: 227 - Menifee
  • Association Amenities: Pool, Spa, Barbecue
  • Association Fee: 330.00
  • Association Fee 2 Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association Fee2: 372.00
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower, Shower in Tub, Closet in bathroom, Exhaust fan(s)
  • Baths: 2
  • Bedrooms: 2
  • Common Walls: 2+ Common Walls
  • Community Features: Street Lighting
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: Cherry Hills Blvd. R on Grosse Pt L on Birkdale L on Paseo Grande, left side
  • Eating Area: Dining Ell
  • Electric: 220V In Garage, 220V In Kitchen
  • Exterior Features: Rain Gutters
  • Fence YN: Yes
  • Fencing: Security, Wrought Iron
  • Fireplace: Living Room, Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: 2-Car
  • Heating: Central Furnace
  • Heating YN: Yes
  • Kitchen Features: Pots & Pan Drawers
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01156426
  • Listing Office License: 01884123
  • Listing Status: Pending
  • Lot Features: Close to Clubhouse, Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.0500
  • Lot Size Area: 2178.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Major Change Type: Pending
  • MLS: CRM
  • Parking Features: Garage
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Covered, Patio, Slab
  • Patio YN: Yes
  • Pool: Association,Community Pool,Fenced,Heated,Heated with Gas,In Ground
  • Pool or Spa: Association,Community Pool,Fenced,Heated,Heated with Gas,In Ground
  • Property Attached YN: Yes
  • Property Condition: Turnkey
  • Property Type: Single Family Home
  • Roof: Elastomeric, Flat
  • Room Type: All Bedrooms Down, Master Bathroom
  • School District: Menifee Union
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Senior Community: Yes
  • Sewer: Sewer Paid
  • Spa Features: Association, Community, Heated, In Ground
  • Spa YN: Yes
  • Sprinklers: Yes
  • Sq.Ft.: 1285
  • Stories: One
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Underground Utilitie
  • Water Source: Public
  • Window Features: Atrium, Blinds, Skylights
  • Year Built: 1976
  • Year Built Source: Assessor
  • Zip Code: 92586
  • Zoning: R-2A
  • View: Mountain, Yes

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