Showing 1 - 10 of 3,001
Persistent link: https://www.econbiz.de/10011965246
Persistent link: https://www.econbiz.de/10014303100
homeownership, the nature of the housing stock, and the organization of residential activity. We start by providing some background … turnover, and housing investment. We describe spatial patterns in foreclosure and summarize the evidence for foreclosure …
Persistent link: https://www.econbiz.de/10014025300
Persistent link: https://www.econbiz.de/10011447060
Persistent link: https://www.econbiz.de/10011709486
. Empirically, we find a foreclosure increases a nearby home's time-on-market by approximately 30%, on average, which is primarily … liquidity effects. However, when there is no surprise and a nearby foreclosure remains through the entire marketing period …
Persistent link: https://www.econbiz.de/10012870826
Home appraisals are produced for millions of residential mortgage transactions each year, but appraised values are rarely below the purchase contract price: Some 30% of appraisals in our sample are exactly at the home price (with less than 10% of them below it). We lay out a basic theoretical...
Persistent link: https://www.econbiz.de/10011971156
Persistent link: https://www.econbiz.de/10011576910
constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …, the reverse occurs. Based on these insights, I consider a foreclosure reform that makes all mortgages full recourse, and I …
Persistent link: https://www.econbiz.de/10011798986
Persistent link: https://www.econbiz.de/10012138895