Welcome or Register

Leave it to a Professional!

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?

Why Not Put Our 41 Years of Experience to Work For You?

It's Simple...It's Easy...Simply Pick Up the Phone Today!

Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

Back to Featured Listings
Listing 1 out of 37
$269,900 Pending

25831 Sun City Boulevard
Menifee, CA 92586

3 beds, 2 full, 1 partial baths | Single Family Home
2,217 sq ft; lot: 8276 sq ft lot - MLS# SW19001413
Property Photo
1/24

Description

DOES EVERYONE MOVING INTO A SENIOR COMMUNITY WANT TO DOWNSIZE??? NOOOOO!!!!! Sun City Civic Association TONS of Amenities, low HOA and low taxes. This home is perfect for that younger senior looking to buy a LARGE, OPEN, INSIDE AND OUTSIDE, home and make it their own!! seller has lived here for close to 25 years and loved and maintained it regularly. Outside large backyard s lovely oasis with large patio, numerous fruit trees and lots of privacy for your outdoor living. Inside 3 bedrooms, 2 full baths and 1 powder room, enclosed lanai, and 2217 square feet of space just waiting to be updated..flooring Laminate and tile throughout, very large kitchen with lots of cabinets and tile counter and bar/island opens into dining/family room space for your convenience. See this one today, will go fast! *********HUGE PRICE DECREASE!!!!!! SEE THIS TODAY LARGEST SQ FOOTAGE ON MARKET IN SUN CITY....POTENTIAL GALORE*****

Features

  • # of Parking Spaces: 2.00
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave
  • Appliances YN: Yes
  • Area: SRCAR - Southwest Riverside County
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Paddle Tennis, Bocce Ball Court, Oth
  • Association YN: Yes
  • Baths: 3
  • Bedrooms: 3
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs
  • Cooling: Central Air, Evaporative Cooling, Heat Pump
  • Cooling YN: Yes
  • Country: US
  • Directions: West of Murrieta Road
  • Flooring: Laminate, Tile
  • Full Baths: 2
  • Garage: 2-Car
  • Half Baths: 1
  • Heating: Central, Heat Pump
  • Heating YN: Yes
  • HOA Fee: 372.00
  • HOA Frequency: Annually
  • HOA Name: SCCA
  • Laundry Features: Electric Dryer Hookup, Inside
  • Laundry YN: Yes
  • Listing Agent License: 01823360
  • Listing Office License: 01884123
  • Listing Status: Pending
  • Lot Features: Front Yard
  • Lot Size: 0.1900
  • Lot Size Area: 8276.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Major Change Type: Pending
  • MLS: CRM
  • Parking Spaces: 2.00
  • Patio And Porch Features: Patio Open, Front Porch
  • Patio YN: Yes
  • Pool: Association
  • Pool or Spa: Association
  • Property Attached YN: Yes
  • Property Type: Single Family Home
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • School District: Perris Union High
  • Senior Community: Yes
  • Sewer: Public Sewer
  • Spa Features: Association
  • Spa YN: Yes
  • Sq.Ft.: 2217
  • Stories: One
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Year Built: 1966
  • Year Built Source: Assessor
  • Zip Code: 92586
  • View: Hills, Yes

Equal Housing OpportunityMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu