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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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$239,000 Pending

1010 Oakland Hills Drive
Banning, CA 92220

2 beds, 2 full, 1 partial baths | Single Family Home
1,837 sq ft; lot: 4356 sq ft lot - MLS# SW19140079
Property Photo
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Description

Just REDUCED! You can enjoy resort-style living in this lovely Muirfield model located in Sun Lakes Country Club, an active 55+ community. Comfortable living space features an open kitchen area with Corian countertops and center island. Large master bedroom on the first floor, and bathroom with dual sinks, step in shower, and walk-in closet. The second floor has a spacious loft as well as a second bedroom and full bath. Beautifully landscaped private rear yard. This private golf community features two 18-hole golf courses with pro shops, three clubhouses, two restaurants, bar & lounge, tennis, salt water pools (including indoor), spa, three workout areas. Also, there are 80+ social clubs - RV, yoga, dancing, cards, Bocce Ball, Bowling, Car Club, Drama, Sewing, Tennis, Bingo, Travel, Quilters, Art, Sewing, International Culture, Genealogical Society, Garden, Photography, Travel, and a lot more . Low Tax area. Priced to sell!

Features

  • # of Parking Spaces: 4.00
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Appliances YN: Yes
  • Area: 263 - Banning/Beaumont/Cherry Valley
  • Association Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Bocce Ball Court, Gym/Ex Room, Clubhouse, Billiard
  • Association Management Name: Sun Lakes
  • Association YN: Yes
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Baths: 3
  • Bedrooms: 2
  • Co-Listing Agent License: 01314447
  • Community Features: Curbs, Golf, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Construction Materials: Stucco
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: I10 to Highland Springs
  • Eating Area: Breakfast Nook, Dining Room
  • Exterior Features: Rain Gutters
  • Fireplace: Family Room,Gas Starter, Yes
  • Flooring: Carpet, Tile
  • Foundation Details: Slab
  • Full Baths: 2
  • Garage: 2-Car
  • Half Baths: 1
  • Heating: Central, Natural Gas
  • Heating YN: Yes
  • HOA Fee: 262.00
  • HOA Frequency: Monthly
  • HOA Name: Sun Lakes CC
  • Inclusions: Refrigerator, microwave, washer, dryer
  • Interior Features: Corian Counters, High Ceilings
  • Kitchen Features: Corian Counters, Kitchen Island
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01371609
  • Listing Office License: 01884123
  • Listing Status: Pending
  • Lot Features: Level with Street, Sprinkler System
  • Lot Size: 0.1000
  • Lot Size Area: 4356.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Major Change Type: Pending
  • MLS: CRM
  • Parking Features: Driveway Level, Garage
  • Parking Spaces: 4.00
  • Parking YN: Yes
  • Pool: Association,Community,In Ground,Indoor
  • Pool or Spa: Association,Community,In Ground,Indoor
  • Property Type: Single Family Home
  • Road Surface Type: Paved
  • Roof: Tile
  • Room Type: Family Room, Kitchen, Living Room, Loft, Main Floor Master Bedroom, Separate Family Room
  • School District: Banning Unified
  • Security Features: 24 Hour Security, Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Gated Community
  • Senior Community: Yes
  • Sewer: Public Sewer
  • Spa Features: Association, Community, Heated, In Ground
  • Spa YN: Yes
  • Special Conditions Details: Standard,Trust
  • Sq.Ft.: 1837
  • Stories: Two
  • Stories Total: 2
  • Sub Type: Single Family Residence
  • Subdivision: Sun Lakes Country Club
  • Subdivision/Neighborhood: Sun Lakes Country Club
  • Uncovered Spaces: 2.00
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Year Built: 1990
  • Year Built Source: Assessor
  • Zip Code: 92220
  • View: Neighborhood, Yes

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