Master of Arts (MA)
Number of Pages
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.
Hud; Impact; Property; Real Estate; Residential; Values
University of Nevada, Las Vegas
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Jorgensen, Cindy Durtschi, "HUD impact on residential property values" (1994). UNLV Retrospective Theses & Dissertations. 381.