Monthly Archives: August 2011

New lower conforming loan limit impact on Irvine, CA

The above chart shows the distribution of home prices for all sales under $2M in Irvine, CA from 1/1/2010 through 7/31/2011. Irvine, CA is an expensive sub-market of an expensive region (Southern California). As a result, it is likely to … Continue reading

Posted in real estate analytics | Tagged , , , , , | 1 Comment

Is owning a home riskier than renting?

What is Risk? Why is owning a home riskier than renting? One of Webster’s definitions for risk is listed as the “possibility of loss or injury.” Another definition states that risk is “the chance that an investment may lose value.” … Continue reading

Posted in own versus rent, real estate analytics, risk analysis | Tagged , , , | 1 Comment