Carson is an area with upsetting foreclosure rates and slow value recovery. These are just two of the reasons why a homeowner may want to leave Carson quickly, even though it isn’t always easy to get out.
Recovery in Carson has been slow, and values haven’t returned to their previous highs. As it sits, the average home in Carson is worth about $486,000.
The growth will continue, but the projections are very slow. Waiting it out may not be the best strategy with such a sluggish growth rate. While the market in Carson is currently in a position that favors sellers, it’s also unhealthy.
Part of the reason Carson homes are selling in such an unhealthy market is the foreclosure rate, which is twice the national average.
Every year, 1 in every 5,000 Carson households will face foreclosure. After these properties are foreclosed on, they sell at auction for a lower rate. It’s the completed foreclosures enticing the buyers a lot of the time, rather than the properties themselves.