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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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$285,000 Active Under Contract

30505 Canyon Hills Road #1204
Lake Elsinore, CA 92532

2 beds, 2 full, 1 partial baths | Condo/Townhouse
1,565 sq ft; lot: 540 sq ft - MLS# SW19030308
Property Photo
1/27

Description

Motivated seller! Price reduction on this charming home in desirable Brookview Terrace in Canyon Hills! Entry to this home features a covered patio where you can sit & enjoy the outside. This 2 bedroom 2 bath comfortable home is move in ready! New laminate "wood look" neutral color flooring downstairs, granite kitchen with rich, dark wood cabinets & stainless appliances. Cozy fireplace in the living room with ample dining room space. Large, under the stairs closet & storage. Also, a nice size 1/2 bathroom downstairs. Upstairs we find a loft, featuring a built in desk & plenty of room for an office, playroom, etc. Extra storage, built in cabinets at the top of the stairs & in the laundry room. Both bedrooms & the loft have ceiling fans! The guest bathroom is good size with a tub/shower. The master bedroom has 2 walk in closets, built in linen cabinets & large bathroom on-suite with a separate tub & shower, 2 sinks and includes built-in linen cupboards. The large 2 car garage has plenty of room for storage & the roll up door has been insulated. This building has a 1 year new roof & just been painted outside. The complex has wonderful amenities: Pool, spa, clubhouse, barbecues, outdoor fireplace, exercise room, & more! Close to schools, shopping, restaurants, freeway access, community parks, walking paths & playgrounds!! This lovely home is move in ready for you!!

Features

  • # of Parking Spaces: 2.00
  • Appliances: Built In Range, Dishwasher, Garbage Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Appliances YN: Yes
  • Area: 234 - Lake Elsinore East
  • Association Amenities: Pool, Spa, Sauna, Barbecue, Hiking Trails, Gym/Ex Room, Club House, Controlled Access
  • Association Fee: 245.00
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower in Tub, Vanity area, Walk-in shower
  • Baths: 3
  • Bedrooms: 2
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Sidewalks
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: Railroad Canyon Road to Canyon Hills Rd. Gated entry
  • Eating Area: Area
  • Electric: Electricity - On Property
  • Fireplace: Living Room, Yes
  • Flooring: Carpet, Laminate
  • Full Baths: 2
  • Garage: 2-Car
  • Half Baths: 1
  • Heating: Central Furnace, Forced Air
  • Heating YN: Yes
  • Inclusions: Refrigerator, TV WALL BRACKETS & window blinds
  • Interior Features: Ceiling Fan, Granite Counters, Storage Space
  • Kitchen Features: Granite Counters
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01371471
  • Listing Office License: 01884123
  • Listing Status: Active Under Contract
  • Lot Features: Close to Clubhouse, Sprinklers In Front
  • Lot Size: 0.0124
  • Lot Size Area: 540.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 1
  • Major Change Type: Active Under Contract
  • MLS: CRM
  • Number Of Units In Community: 154
  • Parking Features: Assigned, Garage, Garage Door Opener
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Patio
  • Patio YN: Yes
  • Pool: Association,Community Pool
  • Pool or Spa: Association,Community Pool
  • Property Attached YN: Yes
  • Property Condition: Turnkey
  • Property Type: Condo/Townhouse
  • Road Surface Type: Maintained
  • Roof: Spanish Tile
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Loft, Walk-In Closet
  • School District: Lake Elsinore Unified
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Gated Community
  • Sewer: Public Sewer
  • Spa Features: Association, In Ground
  • Spa YN: Yes
  • Sprinklers: Yes
  • Sq.Ft.: 1565
  • Stories: Two
  • Stories Total: 2
  • Style: Contemporary
  • Sub Type: Condominium
  • Subdivision: Brookview Terrace
  • Subdivision/Neighborhood: Brookview Terrace
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Blinds, Screens
  • Year Built: 2007
  • Year Built Source: Assessor
  • Zip Code: 92532
  • View: Neighborhood, Yes

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