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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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It's Simple...It's Easy...Simply Pick Up the Phone Today!

Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

Featured Listings


69 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
$729,000 For Sale
702 Vista Way
Oceanside, CA 92054
3 beds, 2 baths | Single Family Home
1,052 sq ft, 0.15 acre 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, 0.14 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, 0.33 acre 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, 0.15 acre lot
Sold Closed
3749 Lake Park Road
Fallbrook, CA 92028
3 beds, 2 full, 1 partial baths | Single Family Home
2,414 sq ft, 0.11 acre lot
19
$469,000 Active Under Contract
32731 Freesia Way
Temecula, CA 92592
4 beds, 2 full, 1 partial baths | Single Family Home
2,328 sq ft, 0.14 acre 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, 0.18 acre lot
11
$440,000 For Sale
38448 Hillside Trail Drive
Murrieta, CA 92562
0.56 acres | Residential Lots & Land
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
13
$395,000 For Sale
29861 Twin Lakes Road
Menifee, CA 92585
4 beds, 2 full, 1 partial baths | Single Family Home
2,595 sq ft, 0.2 acre lot
11
$379,900 For Sale
39545 Crystal Lake Court
Murrieta, CA 92562
4 beds, 3 baths | Single Family Home
1,853 sq ft, 0.11 acre 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, 0.11 acre lot
11
Sold Listing
Sold Closed
33795 Harvest Way E
Wildomar, CA 92595
5 beds, 3 baths | Single Family Home
2,627 sq ft, 0.17 acre lot
Sold Closed
162 Saddleback Way
Perris, CA 92570
4 beds, 2 full, 1 partial baths | Single Family Home
3,268 sq ft, 0.17 acre lot
18
Sold Listing
Sold Closed
29900 Morning Breeze Drive
Menifee, CA 92584
3 beds, 2 baths | Single Family Home
2,119 sq ft, 0.17 acre lot
22
Sold Listing
Sold Closed
25311 Bruner Road
Romoland, CA 92585
3 beds, 2 baths | Single Family Home
1,569 sq ft, 1.09 acre lot
59
Sold Listing
Sold Closed
187 Monument
Perris, CA 92570
4 beds, 2 full, 1 partial baths | Single Family Home
2,662 sq ft, 0.22 acre lot
Listings 1-20 out of 69 Previous 1 2 3 4       Next

Based on information from California Regional Multiple Listing Service, Inc. as of 2017-08-18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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