A Local Example
It’s fall of 2006 and a loan application for $565,000 lands on a loan officer’s desk. The applicant, real estate agent, mortgage broker and loan packager are all from Long Beach, and the home being purchased is located in the 90804 area code. Over half of a million dollars–well, that’s a [...]

This isn’t about Long Beach, but it’s interesting.
Seems the long-hyped condominium boom in downtown Los Angeles is over, at least for now–the boom is off the rose, you might say (though, clearly, I never would). But the top story on the Los Angeles Times website now covers just that.
According to DataQuick, which monitors real estate [...]