Metropolitan Statistical Area (MSA):
Crescent City, CA is a Metropolitan Statistical Area (MSA) comprising counties including Del Norte County.
In the past few years, there have been some interesting trends in the real estate market in the Crescent City metropolitan area. One of the most notable trends has been an increase in the number of people buying and selling homes through short sales.
A short sale is when a homeowner sells their home for less than what is owed on the mortgage. This can be a good option for people who are struggling to make their mortgage payments or who need to sell their home but owe more than it is worth.
Another trend that has been happening in Crescent City is an increase in the number of people buying investment properties. This is likely due to the fact that there are many affordable homes available in the area and because Crescent City has a lot to offer as far as amenities and quality of life.
Overall, it seems that the real estate market in Crescent City is slowly but surely improving. If you are thinking about buying or selling a home in this area, now may be a good time to do so.