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 Home Page
Sold for $306,000 Sold

31020 Electric Avenue
Nuevo/Lakeview, CA 92567

3 beds, 2 baths | Single Family Home
1,638 sq ft; lot: 15682 sq ft lot - MLS# SW19081358
Property Photo

Sold

Sold for $306,000 on Jun 3, 2019

Description

Come make this your home! Priced to sell. New exterior/interior paint. New carpet in living room and 3 bedrooms. Neutral colors. Dual paned windows. Gas fireplace in the family room. Tile counter tops and back splash in the kitchen. Double door entry to the large, inviting living room. Enclosed patio off the kitchen eating area. Low entry shower in the master bath. Large closet in the master bedroom. Ceiling fans throughout the house. Large back yard fenced and cross fenced with chain link. The 2 car garage has cabinets and a roll up garage door opener, and also has door access to the front yard as well as the side yard.

Features

  • # of Parking Spaces: 2.00
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater
  • Appliances YN: Yes
  • Area: SRCAR - Southwest Riverside County
  • Bathroom Features: Bathtub, Shower, Shower in Tub, Exhaust fan(s)
  • Baths: 2
  • Bedrooms: 3
  • Community Features: Rural
  • Construction Materials: Concrete, Drywall Walls, Stucco
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: Contour-West, to 11th- turn right, to Electric- turn right.
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Nook
  • Electric: Electricity - On Property
  • Exterior Features: Rain Gutters
  • Fence YN: Yes
  • Fencing: Average Condition, Chain Link, Cross Fenced
  • Fireplace: Family Room,Gas, Yes
  • Flooring: Vinyl
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: 2-Car
  • Heating: Central, Fireplace(s)
  • Heating YN: Yes
  • Inclusions: 2 sheds in the back yard.
  • Interior Features: Ceiling Fan(s), Tile Counters
  • Kitchen Features: Tile Counters
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01315532
  • Listing Office License: 01884123
  • Listing Status: Closed
  • Lot Features: Back Yard, Sloped Down, Front Yard, Lot 10000-19999 Sqft, Ranch
  • Lot Size: 0.3600
  • Lot Size Area: 15682.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Major Change Type: Closed
  • MLS: CRM
  • Number Remotes: 1
  • Other Structures: Shed(s)
  • Parking Features: Driveway, Concrete, Driveway Down Slope From Street, Garage, Garage Faces Front, Garage - Two Door,
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Patio And Porch Features: Enclosed, Rear Porch, Screened Porch
  • Patio YN: Yes
  • Property Type: Single Family Home
  • Road Surface Type: Unpaved
  • Roof: Composition, Shingle
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Separate Family Room
  • School District: Nuview Union
  • Security Features: Smoke Detector(s)
  • Selling Agent: Kayla Ritchie
  • Selling Agent License: 01955830
  • Selling Office: Coldwell Banker Assoc Brkr-Sc
  • Selling Office License: 00939614
  • Sewer: Septic Type Unknown
  • Sold Date: 2019-06-03
  • Sold Price: 306000.00
  • Sq.Ft.: 1638
  • Stories: One
  • Stories Total: 1
  • Style: Ranch
  • Sub Type: Single Family Residence
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Wat
  • Water Source: Public
  • Window Features: Double Pane Windows
  • Year Built: 1978
  • Year Built Source: Assessor
  • Zip Code: 92567
  • Zoning: R-A
  • View: Hills, Yes

Equal Housing OpportunityMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu