The Effect of Foreclosures on Nearby Housing Prices: Supply or Disamenity?

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Do foreclosures cause crime (2013, unknown): “Active Foreclosures (eventually going to auction)”
Deconstructing distressed-property spillovers: The effects of vacant, tax-delinquent, and foreclosed properties in housing submarkets (2013, background): “Only two studies look beyond foreclosure and incorporate vacancy into their analysis (Mikelbank, 2008; Hartley, 2010).”
Why Did So Many Subprime Borrowers Default During the Crisis: Loose Credit or Plummeting Prices? (2015, unknown): “…depressing prices both from a positive shock to the supply of owner-occupied housing on the market and from negative foreclosure externalities (see Hartley, 2010 and Campbell et al., 2011).34 Thus, the expansion of subprime credit may be an omitted variable that directly affects both defaults (by…”