Are Foreclosures an Externality?

In August 2012, the Federal Reserve Bank of Atlanta released a new working paper by Gerardi et al. entitled“Foreclosure Externalities: Some New Evidence.” The question was and is, Do residential foreclosures affect the value of neighboring properties? This has been an ongoing debate, fueled by the unprecedented number of foreclosed […]

Market Value(s)

This presentation provides an overview of market value for real estate appraisers. It presents some of the history of market value and several useful definitions. Numerous other values are then considered, including value in use, liquidation value, and investment value. Reference citations are provided throughout.

Presenter: John A. Kilpatrick

Presented at […]

By |October 13th, 2010|Categories: Our Work, Presentations|Tags: |0 Comments