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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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Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

Tony Rios

  • Antonio L. Rios

    Since 1974, I have dedicated myself to passionately building a business based on professional & quality service to my clients & sales associates.

    Real Estate Experience

    Salesperson Real Estate License: 1974

    Real Estate Sales Manager Waade Realty Co.: 1976-1978 (Monterey Park, California)

    Real Estate Broker License: 1980

    Owner-Broker Better Homes & Gardens: 1980-1990 (Alhambra and Temple City, California)

    Owner-Broker Anthony Co. Realtors: 1990-1997 (Temecula, California)

    Owner/Broker Diamond Homes & Investments: 1997-2002 (Carlsbad, California)

    Owner-Broker Diamond Homes & Investments: 2002-Present (Menifee, California)

    General Manager-Vice President Rancon Real Estate: 2002-2010 (Temecula and Menifee, California)

    Diamond Real Estate Group, Inc.: 2010-Present (Menifee, California)

    Extensive Experience Property Management, REO Properties, Short Sale Negotiation, Real Estate Sales, Real Estate Training, Real Estate Coach, Office Management, & Real Estate License School Instructor. 

    Organizations

    West San Gabriel Valley Association of Realtors: Chairman: Ethics Committee, Arbitration Committee, Orientation Committee Served on Board of Directors 3 Years 1983-1985 Southwest Riverside Association of Realtors: Chairman: Ethics Committee, Arbitration Committee, Orientation Committee Served on Board of Directors 2 Years 1993-1995 Executive Committee of Boy Scouts of America1978-1984 Board of Directors of Boy & Girls of America 1978-1981 President & District Governor of Monterey Park, California Jaycees.

    Hobbies

    Real Estate!!

Listings

6 listings Days on Site (new to old)
Diamond Real Estate Group
29950 Haun Rd., Suite 102
Menifee, California  92586
Phone:  (951) 672-6711
BRE#  01884123




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