Zhang, Lei; Leonard, Tammy - In: Regional Science and Urban Economics 48 (2014) C, pp. 133-143
–time impact of foreclosures on neighborhood property values. We find that negative price externalities associated with … neighborhood foreclosures are greatest (1) among lower-priced homes, (2) within 250ft of the property and (3) in the 12months … house prices associated with varying levels of neighborhood foreclosures. …