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Residential Foreclosures' Impact on Nearby Single-Family Residential Properties: A New Approach to the Spatial and Temporal Dimensions

Kobie, Timothy F.

Abstract Details

2010, Doctor of Philosophy in Urban Studies and Public Affairs, Cleveland State University, Levin College of Urban Affairs.
This dissertation analyzes the impact that foreclosures have on neighboring property values. It focuses on foreclosures' impact based upon face blocks, not straight-line distances and it also incorporates time and the use of spatial statistics. Findings from this study show that properties in the foreclosure process longer have a greater negative impact on nearby property values than properties with more recent foreclosure filings. The first negative impact is not seen until a year after the filing. Therefore, policy responses need to be as swift as possible in preventing any negative impact on neighboring property values and should not focus on extending the length of time a property is in foreclosure.
Brian Mikelbank, PhD (Committee Chair)
Dennis Keating, PhD (Committee Member)
Alan Reichert, PhD (Committee Member)
138 p.

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Citations

  • Kobie, T. F. (2010). Residential Foreclosures' Impact on Nearby Single-Family Residential Properties: A New Approach to the Spatial and Temporal Dimensions [Doctoral dissertation, Cleveland State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=csu1268073662

    APA Style (7th edition)

  • Kobie, Timothy. Residential Foreclosures' Impact on Nearby Single-Family Residential Properties: A New Approach to the Spatial and Temporal Dimensions. 2010. Cleveland State University, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=csu1268073662.

    MLA Style (8th edition)

  • Kobie, Timothy. "Residential Foreclosures' Impact on Nearby Single-Family Residential Properties: A New Approach to the Spatial and Temporal Dimensions." Doctoral dissertation, Cleveland State University, 2010. http://rave.ohiolink.edu/etdc/view?acc_num=csu1268073662

    Chicago Manual of Style (17th edition)