Value recovery in Upland has been great. The average property is valued at about $530,000. In a few short years, values will surpass their former highs, which is rare for recovering markets in Southern California.
The market is warm, with a slight preference towards sellers. People are coming in to buy homes, and the best ones are selling in a reasonable timeframe. It’s not the healthiest market in Southern California, but it’s certainly not struggling.
Foreclosure rates in Upland are in line with the national average. One in every 5,000 homes in the area will experience foreclosure. This doesn’t have to be the end of the world.
If you sell your home before the foreclosure is completed, you’ll walk away without a giant blemish on your credit history. This will make it easier for you to rebuild your credit, fix your financial situation, and purchase a new home in the future.