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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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Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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$245,000 Pending

28521 Williams Drive
Quail Valley, CA 92587

3 beds, 1 full, 1 partial baths | Single Family Home
1,074 sq ft; lot: 4792 sq ft - MLS# SW19009040
Property Photo
1/8

Description

Beautiful! remodel 3 bedrooms 2 baths home in Menifee, (Quail Valley area)the open floor plan invites you to enjoy the living room with a fireplace and the beautiful Kitchen with new appliances and quartz counter tops, Laminate flooring throughout. The sliding door invites you to the back deck to enjoy sitting and relaxing in the evenings. Outside and inside has been freshly painted with neutral colors ready for your final touch. It has a one car garage and laundry hookups. Conveniently close to shopping centers and easy access to I-15and I-215

Features

  • # of Parking Spaces: 1.00
  • 3/4 Baths: 1
  • Appliances: Dishwasher, Microwave, Propane Stove, Propane Water Heater
  • Appliances YN: Yes
  • Area: 227 - Menifee
  • Bathroom Features: Bathtub, Shower, Shower in Tub
  • Baths: 2
  • Bedrooms: 3
  • Community Features: Rural
  • Construction Materials: Stucco
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: CROSS STREET GOETZ
  • Eating Area: Breakfast Nook, In Kitchen
  • Fence YN: Yes
  • Fencing: Average Condition
  • Fireplace: Family Room, Yes
  • Flooring: Laminate, Tile
  • Full Baths: 1
  • Garage: 1-Car
  • Interior Features: Balcony
  • Kitchen Features: Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen
  • Laundry Features: In Garage, Propane Dryer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01734051
  • Listing Office License: 01884123
  • Listing Status: Pending
  • Lot Features: Back Yard
  • Lot Size: 0.1100
  • Lot Size Area: 4792.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Major Change Type: Pending
  • MLS: CRM
  • Parking Features: Garage, Garage - Front Entry
  • Parking Spaces: 1.00
  • Parking YN: Yes
  • Patio And Porch Features: Deck
  • Patio YN: Yes
  • Property Type: Single Family Home
  • Road Surface Type: Paved
  • Roof: Shingle
  • Room Type: All Bedrooms Down
  • School District: Menifee Union
  • Sewer: Septic Type Unknown
  • Sq.Ft.: 1074
  • Stories: One
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Utilities: Natural Gas Not Available, Propane, Water Connected
  • Water Source: Public
  • Window Features: Blinds
  • Year Built: 1987
  • Year Built Source: Assessor
  • Zip Code: 92587

Courtesy of:

  • More info
  • Ruth Gonzalez
    Phone: 951-514-1076

    Email: Ruthgnzlz@yahoo.com

  • More info

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