to neighboring foreclosures – known as the foreclosure contagion effect. This study uses an agent-based modeling approach … find that the magnitude of the foreclosure contagion effect is a less powerful cause of eventual market collapse than the … address from a policymaker perspective than is the strength of the foreclosure contagion effect …

neighborhood definition, based on 13 nearest neighbors, we find that a neighbor in foreclosure increases the hazard of additional …

the time of ARM reset results in a 2.5 percentage rise in the probability of foreclosure in the following year; and that … each foreclosure filing leads to an additional 0.3-0.6 completed foreclosures within a 0.10 mi radius. I emphasize price …

increases by as much as 24% with a one standard deviation increase in the foreclosure rate of the borrower's surrounding zip … code. We find that foreclosure contagion is most prevalent among strategic defaulters: borrowers who are underwater on …

increases by as much as 24% with a one standard deviation increase in the foreclosure rate of the borrower's surrounding zip … code. We find that foreclosure contagion is most prevalent among strategic defaulters: borrowers who are underwater on …

increases by as much as 24% with a one standard deviation increase in the foreclosure rate of the borrower's surrounding zip … code. We find that foreclosure contagion is most prevalent among strategic defaulters: borrowers who are underwater on …

Using ZIP code-level data on foreclosure rates, distressed and non-distressed sales in Chicago, Illinois we examine the … in high- versus low-foreclosure rate neighborhoods. We expand this analysis to determine if trends in the REO discount … can be explained by trends in foreclosure rates and if this correlation can be used to identify a ‘tipping point' in …