After the bubble burst: How homebuying fared in Lake Forest, Mission Viejo, Rancho Santa Margarita, San Juan Capistrano
Homebuying in inland South County — including Lake Forest, Mission Viejo, Rancho Santa Margarita and San Juan Capistrano — rose 114 percent in 10 years. In the first quarter of 2008, housing’s bubble was bursting and it was just months before the global financial collapse that led to the Great Recession. This three-month period still…