HUD impact on residential property values

This thesis examines whether foreclosed properties sold by the Department of Housing and Urban Development (HUD) sell for the same price as properties which have similar characteristics. A hedonic price model is employed to observe changes in sales prices related to housing characteristics within a sample of homes from Las Vegas, Nevada. The results show HUD properties and the properties of houses in close proximity to HUD-sold properties sell for significantly less than similar houses located elsewhere in the county. However, HUD properties do not sell for less than their neighbors.

Name thesis:degree_name

Master of Arts (MA)

Level thesis:degree_level

Thesis

Discipline thesis:degree_discipline

Economics

Grantor dc:publisher

University of Nevada, Las Vegas

Year

1994

Author dc:creator

• Jorgensen, Cindy Durtschi

Statement dc:rights

• IN COPYRIGHT. For more information about this rights statement, please visit http://rightsstatements.org/vocab/InC/1.0/

Language dc:language

English

Identifier

https://oasis.library.unlv.edu/rtds/381

OAI identifier oai:identifier

oai:oasis.library.unlv.edu:rtds-1380