Award Date

1-1-1994

Degree Type

Thesis

Degree Name

Master of Arts (MA)

Department

Economics

Number of Pages

53

Abstract

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.

Keywords

Hud; Impact; Property; Real Estate; Residential; Values

Controlled Subject

Finance

File Format

pdf

File Size

1802.24 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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Rights

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