Real Estate in the Beach Cities: Looking to buy in Carson.....be prepared for a short sale

Looking to buy in Carson.....be prepared for a short sale

I was just on the MLS setting up appointments for showing tomorrow with my client.  He's interested in finding a newer townhome in Carson and generally in the $375,000-$425,000 price range.  In searching the homes that he's interested in seeing it never ceases to amaze me the sheer volume of short sales.  Of the ten homes he's hoping to see....9 of them are short sales.  As Carson is one of the lower priced areas of the South Bay, it shouldn't be surprising that it was one of the hardest hit communities, but it makes it a challenge for both buyers and sellers.  Click here to view the current Carson real estate listings.

Upside down in your house

About the Author

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com

 

4 commentsKeith Kyle • September 17 2009 08:03PM

Comments

Hate short sales....Man I would hate that market.

Posted by Dennis Swartz (FirstService Residential Realty) 11 months ago

I wonder what percentage of the market are short sales in Carson?

Posted by Ralph Gorgoglione (Relocation Certified -HAFA Certified -John Aaroe Group, Inc.) 11 months ago

I agree with Dennis but if it weren't for short sales and REOs my business would be cut by 75%.  Can't begin to tell you how many buyers I have in my pipeline waiting for bank approval.

Posted by Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970 11 months ago

I actually don't mind short sales all that much and try to not take too negative of an attitude towards them as they are so prevalent in certain markets.  That's not to say that I'll miss the short sale market when we stop seeing these, but I've been in many and as long as the clients, whether buyers or sellers, are well prepped on both the timeframes and the fact that the lenders don't always seem logical....you usually make it through.

Posted by Keith Kyle (South Bay Brokers) 11 months ago

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