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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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Sold for $302,900 Sold

25790 Baltrustrol Drive
Menifee, CA 92586

3 beds, 2 full, 1 partial baths | Single Family Home
2,429 sq ft; lot: 7405 sq ft lot - MLS# SW19104581
Property Photo

Sold

Sold for $302,900 on Jun 20, 2019

Description

Just listed this Beautiful 55+ Webb 500 with room addition *** Located in the center of most prestigious area of Sun city, Open floor plan with plenty of room for everything. Large Remodeled eat in Kitchen with pantry and lots of cabinet space, breakfast counter has granite counter tops through out as well as all upgraded appliances, refrigerator included. Extra large Formal living room and formal dinning room. separate Den and Master suite has a walk-in shower and dressing area along with his and her's closets *** Guest bedroom and office / 3rd bedroom. Complete dream Home with 2429 square feet ***Nicely landscaped and easy maintenance front & back *** Very private yard with two covered patio and lush flowers and plants. Active community with many amenities including two swimming pools.lawn bowling, billiards room and much more. Close to 18 hole Golf course, shopping and medical facilities. Low Taxes and low HOA. Don't miss out call today!

Features

  • # of Parking Spaces: 2.00
  • Appliances: Dishwasher, Double Oven, Refrigerator
  • Appliances YN: Yes
  • Area: SRCAR - Southwest Riverside County
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Management Name: Sun City civic
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower in Tub, Granite Counters, Vanity area, Walk-in shower
  • Baths: 3
  • Bedrooms: 3
  • Community Features: Curbs, Golf, Lake, Sidewalks, Street Lights
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: Exit Newport Rd., from 215 frwy turn left to go east to Murrieta Rd. turn left and Baltrustrol is a
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace: Den, Yes
  • Full Baths: 2
  • Garage: 2-Car
  • Half Baths: 1
  • Heating: Central
  • Heating YN: Yes
  • HOA Fee: 335.00
  • HOA Frequency: Annually
  • HOA Name: Sun City civic
  • Interior Features: Ceiling Fan(s), Pull Down Stairs to Attic
  • Kitchen Features: Granite Counters, Remodeled Kitchen
  • Laundry Features: Individual Room, Inside
  • Laundry YN: Yes
  • Listing Agent License: 01244198
  • Listing Office License: 01884123
  • Listing Status: Closed
  • Lot Features: Back Yard, Front Yard
  • Lot Size: 0.1700
  • Lot Size Area: 7405.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Major Change Type: Closed
  • MLS: CRM
  • Parking Features: Garage
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Pool: Association
  • Pool or Spa: Association
  • Property Type: Single Family Home
  • Road Surface Type: Maintained
  • Room Type: Den, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master B
  • School District: Menifee Union
  • Selling Agent: Debbie Galaviz
  • Selling Agent License: 01997151
  • Selling Office: Locality Real Estate
  • Selling Office License: 01522261
  • Senior Community: Yes
  • Sewer: Public Sewer
  • Sold Date: 2019-06-20
  • Sold Price: 302900.00
  • Sq.Ft.: 2429
  • Stories: One
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Water Source: Public
  • Window Features: Double Pane Windows
  • Year Built: 1966
  • Year Built Source: Assessor
  • Zip Code: 92586
  • Zoning: R-1
  • View: Hills, Yes

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