Massive condominium developments in Burbank and Glendale, faced with the pressures of the sputtering economy, have slashed their prices by up to 40%, attracting a spike in interest from first-time home buyers, agents reported. The projects , the Burbank Collection and the Excelsior at the Americana at Brand , have sat largely vacant for months, but as buyer incentives have warmed the market for single-family homes, developers have tried to make their properties more tempting. For the full story click here
