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- W2196811005 abstract "Previous research identifies a negative externality associated with mortgage foreclosures. Houses in the neighborhood surrounding a foreclosed property sell for less, all things being equal. This paper explores the effect of short sales on condominium prices in downtown San Diego, California. The neighborhood in this research is defined as the building in which the condominium is located. The results suggest that not only is there a short sale “discount”, but buildings in which there are a large number of short sales also experience a general decline in market prices of housing units." @default.
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- W2196811005 date "2013-01-01" @default.
- W2196811005 modified "2023-09-27" @default.
- W2196811005 title "Short Sales and Residential Real Estate Prices" @default.
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- W2196811005 doi "https://doi.org/10.2139/ssrn.2232378" @default.
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