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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

 

 

 

 

 

 

 

 

 

 

 

 

Back to Featured Listings
$235,000 Active Under Contract

905 S San Jacinto Street
Hemet, CA 92543

3 beds, 2 baths | Single Family Home
1,120 sq ft; lot: 9148 sq ft - MLS# SW19016401
Property Photo
1/16

Description

BRING YOUR RV & YOUR TOYS!! Nice home on a large gated lot in a convenient HEMET location. Close to schools, shopping, parks & restaurants, this gated Three bedroom two bath home has new carpeting and freshly painted interior. New interior LED lighting and thermostat. This cozy home has lots of parking with a concrete parking area in front plus the 2 car garage & a pull-thru gate so you can access the backyard. The large lot also features grassy areas, in front & back for: play, a garden or a pool?? BONUS: ROOM FOR RV & DESERT "TOYS" & The large outdoor shed has loads of room for storage or a workshop! LOW PROPERTY TAX AREA! NO HOA. Make this home your own!

Features

  • # of Parking Spaces: 2.00
  • Appliances: Dishwasher, Free Standing Range, Gas & Electric Range, Gas Water Heater
  • Appliances YN: Yes
  • Area: 223 - Hemet/San Jacinto
  • Bathroom Features: Bathtub, Shower in Tub
  • Baths: 2
  • Bedrooms: 3
  • Community Features: Sidewalks, Street Lighting
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: Take Stetson Ave. turn left on San Jacinto St. Take Florida turn right on San Jacinto. Across from A
  • Eating Area: In Kitchen
  • Electric: 220V In Garage
  • Entry Location: 1
  • Exterior Features: Lighting, Rain Gutters
  • Fence YN: Yes
  • Fencing: Block, Chain Link
  • Flooring: Carpet, Vinyl
  • Full Baths: 2
  • Garage: 2-Car
  • Heating: Central Furnace, Forced Air, Natural Gas
  • Heating YN: Yes
  • Inclusions: Dishwasher & stove
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01371471
  • Listing Office License: 01884123
  • Listing Status: Active Under Contract
  • Lot Features: Sprinkler System
  • Lot Size: 0.2100
  • Lot Size Area: 9148.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Major Change Type: Active Under Contract
  • Middle School: Acacia
  • MLS: CRM
  • Other Structures: Out Building, Storage
  • Parking Features: Auto Driveway Gate, Carport, Covered Parking, Driveway - Concrete, Garage, Garage Door Opener, Pull-
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Concrete, Covered, Patio
  • Patio YN: Yes
  • Property Type: Single Family Home
  • Road Frontage Type: City Street
  • Roof: Composition
  • Room Type: Kitchen
  • School District: Hemet Unified
  • Sewer: Public Sewer
  • Sq.Ft.: 1120
  • Stories: One
  • Stories Total: 1
  • Style: Contemporary
  • Sub Type: Single Family Residence
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
  • Year Built: 1973
  • Year Built Source: Assessor
  • Zip Code: 92543
  • Zoning: R1
  • View: Neighborhood, Yes

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