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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.

 

Thinking of Buying a Home?

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Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

Featured Listings


86 Results Price (high to low)
2
$6,950,000 For Sale
30351 Nuevo Road
Nuevo/Lakeview, CA 92567
167.88 acres | Residential Lots & Land
48
$2,500,000 For Sale
41300 Berkswell Lane
Temecula, CA 92592
7 beds, 7 full, 1 partial baths | Single Family Home
8,860 sq ft, 5.12 acre lot
1
$2,000,000 For Sale
Mission Trail
Wildomar, CA
13.15 acres | Residential Lots & Land
19
Sold Listing
Sold Closed
702 Vista Way
Oceanside, CA 92054
3 beds, 2 baths | Single Family Home
1,052 sq ft, 6534 sq ft lot
31
Sold Listing
Sold Closed
30092 Clear Water Drive
Canyon Lake, CA 92587
4 beds, 3 baths | Single Family Home
3,374 sq ft, 6098 sq ft lot
32
$545,800 For Sale
1235 Highridge Street
Riverside, CA 92506
4 beds, 2 baths | Single Family Home
1,972 sq ft, 1.15 acre lot
32
Sold Listing
Sold Closed
28822 Woodcrest Lake Drive
Menifee, CA 92584
4 beds, 3 baths | Single Family Home
2,650 sq ft, 14375 sq ft lot
43
Sold Listing
Sold Closed
40294 Medford Road
Temecula, CA 92591
4 beds, 2 full, 1 partial baths | Single Family Home
2,774 sq ft, 6534 sq ft lot
Sold Closed
3749 Lake Park Road
Fallbrook, CA 92028
3 beds, 2 full, 1 partial baths | Single Family Home
2,414 sq ft, 4792 sq ft lot
19
Sold Listing
Sold Closed
32731 Freesia Way
Temecula, CA 92592
4 beds, 2 full, 1 partial baths | Single Family Home
2,328 sq ft, 6098 sq ft lot
15
Sold Listing
Sold Closed
43967 Northgate Avenue
Temecula, CA 92592
4 beds, 2 full, 1 partial baths | Single Family Home
2,564 sq ft, 7841 sq ft lot
17
Sold Listing
Sold Closed
29104 Loretta Avenue
Menifee, CA 92584
3 beds, 2 baths | Manufactured Home
2,244 sq ft, 4.69 acre lot
11
$440,000 For Sale
38448 Hillside Trail Drive
Murrieta, CA 92562
0.56 acres | Residential Lots & Land
13
Sold Listing
Sold Closed
29861 Twin Lakes Road
Menifee, CA 92585
4 beds, 2 full, 1 partial baths | Single Family Home
2,595 sq ft, 8712 sq ft lot
Sold Closed
25543 Waldon Road
Menifee, CA 92584
3 beds, 1 full, 2 partial baths | Single Family Home
2,668 sq ft, 5 acre lot
Open House Saturday Nov 18, 12:30pm–3:30pm
19
$370,000 New For Sale
31137 Green Forest Drive
Menifee, CA 92584
3 beds, 2 full, 1 partial baths | Single Family Home
1,855 sq ft, 8712 sq ft lot
7
$369,900 For Sale
322 Caldera Street
Perris, CA 92570
4 beds, 2 full, 1 partial baths | Single Family Home
2,762 sq ft, 7405 sq ft lot
9
$365,000 For Sale
1419 Papin Street
Oceanside, CA 92058
2 beds, 1 bath | Single Family Home
768 sq ft, 5663 sq ft lot
32
$362,900 For Sale
39937 Chippewa
Murrieta, CA 92562
3 beds, 2 full, 1 partial baths | Single Family Home
1,577 sq ft, 6098 sq ft lot
36
Sold Listing
Sold Closed
25860 Marco Polo Street
Murrieta, CA 92563
3 beds, 2 full, 1 partial baths | Single Family Home
1,920 sq ft, 4792 sq ft lot
Listings 1-20 out of 86 Previous 1 2 3 4 5     Next

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