Estimating the House Foreclosure Discount Corrected for Spatial Price Interdependence and Endogeneity of Marketing Time

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Estimates of the Size and Source of Price Declines Due to Nearby Foreclosures (2014, background): “These other papers are reviewed in Clauretie and Daneshvary [2009].”
Foreclosure externalities: New evidence (2015, background): “Clauretie and Daneshvary (2009) also finds a foreclosure discount of slightly less than 10 percent in the Las Vegas metropolitan area between 2004 and 2007. In contrast, Harding, Rosenblatt, and Yao (2011) finds little evidence of a meaningful foreclosure discount, using both hedonic and repeat-sale”
Estimating the effect of mortgage foreclosures on nearby property values: a critical review of the literature (2010, unknown): “Figure 2 illustrates temporal variation in house prices over the same 2000–9 period as measured by two popular indices—the Federal Housing Finance Agency (FHFA) and S&P/Case-Shiller.”