{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,6,10]],"date-time":"2026-06-10T15:03:40Z","timestamp":1781103820217,"version":"3.54.1"},"reference-count":48,"publisher":"IGI Global Scientific Publishing","issue":"4","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2013,10,1]]},"abstract":"<p>Significant foreclosure activity in a weak housing market area is a sign of trouble, suggesting potential subsequent neighborhood decline. This article focuses on an under-researched question of whether higher foreclosure rates in a neighborhood tend to spill over into adjacent neighborhoods. The authors detail exploratory spatial methods to identify where potential spillover effects occur: kernel density surfaces, space-time local indicators of spatial association (LISA) and LISA Markov. Using data for Franklin County, Ohio the authors find that foreclosure rate hotspots are concentrated in lower-income, more African-American central city areas. The majority of hotspots (around 90%) persist over time and space but about 10% of all hotspots are consistent with contagion effects between neighboring areas. Only 1-3% of neighborhoods experience spillovers as below-average to above-average cluster transitions. In general, contagion effects occur in areas with higher rates of African-Americans, poverty and lower median home values and incomes. However, the authors also observe a sub-trend suggesting possibly accelerated hotspot growth in otherwise comparable Caucasian areas.<\/p>","DOI":"10.4018\/jagr.2013100102","type":"journal-article","created":{"date-parts":[[2013,11,25]],"date-time":"2013-11-25T17:36:26Z","timestamp":1385400986000},"page":"19-36","source":"Crossref","is-referenced-by-count":0,"title":["Are Foreclosures Contagious?"],"prefix":"10.4018","volume":"4","author":[{"given":"Alan T.","family":"Murray","sequence":"first","affiliation":[{"name":"Arizona State University, Tempe, AZ, USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Julia","family":"Koschinsky","sequence":"additional","affiliation":[{"name":"Arizona State University, Tempe, AZ, USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Yin","family":"Liu","sequence":"additional","affiliation":[{"name":"Sichuan Normal University, China"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Sergio J.","family":"Rey","sequence":"additional","affiliation":[{"name":"Arizona State University, Tempe, AZ, USA"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Lawrence A.","family":"Brown","sequence":"additional","affiliation":[{"name":"The Ohio State University, Columbus, OH, USA"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"2432","reference":[{"issue":"1","key":"jagr.2013100102-0","doi-asserted-by":"crossref","first-page":"34","DOI":"10.1111\/j.1475-4762.2008.00877.x","article-title":"Geographies of the financial crisis.","volume":"41","author":"M.Aalbers","year":"2009","journal-title":"Area"},{"key":"jagr.2013100102-1","doi-asserted-by":"publisher","DOI":"10.1111\/j.1538-4632.1995.tb00338.x"},{"key":"jagr.2013100102-2","author":"L.Anselin","year":"2005","journal-title":"Exploring spatial data with GeoDa: A workbook. Urbana, IL"},{"key":"jagr.2013100102-3","first-page":"361","article-title":"The high cost of segregation: Exploring racial disparities in high-cost lending.","volume":"36","author":"V.Been","year":"2009","journal-title":"The Fordham Urban Law Journal"},{"key":"jagr.2013100102-4","unstructured":"Biswas, A. (2010). Foreclosures and housing prices in a heterogeneous housing market: Spatial externalities, crowding-in and filtering effects over the short- and long-run. Clark University, 2010. United States -- Massachusetts: ProQuest Dissertations and Theses."},{"key":"jagr.2013100102-5","doi-asserted-by":"publisher","DOI":"10.1016\/0098-3004(95)00020-9"},{"key":"jagr.2013100102-6","doi-asserted-by":"publisher","DOI":"10.1006\/jhec.1995.1009"},{"key":"jagr.2013100102-7","doi-asserted-by":"crossref","unstructured":"Chan, S., Gedal, M., Been, V., & Haughwout, A. F. (2010). The role of neighborhood characteristics in mortgage default risk: Evidence from New York City. SSRN Working paper (June 29, 2010). Retrieved from http:\/\/ssrn.com\/abstract=1631944","DOI":"10.2139\/ssrn.1948569"},{"key":"jagr.2013100102-8","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6229.2009.00234.x"},{"key":"jagr.2013100102-9","doi-asserted-by":"crossref","unstructured":"Cui, L. (2010). Foreclosure, vacancy and crime. University of Pittsburgh, Department of Economics, Working Paper.","DOI":"10.2139\/ssrn.1773706"},{"key":"jagr.2013100102-10","doi-asserted-by":"publisher","DOI":"10.1002\/pam.20530"},{"key":"jagr.2013100102-11","author":"P. J.Diggle","year":"1983","journal-title":"Statistical analysis of spatial point patterns"},{"issue":"3","key":"jagr.2013100102-12","doi-asserted-by":"crossref","first-page":"341","DOI":"10.1080\/10835547.2010.12091280","article-title":"Neighborhood subprime lending and the performance of community reinvestment mortgages.","volume":"32","author":"L.Ding","year":"2010","journal-title":"Journal of Real Estate Research"},{"key":"jagr.2013100102-13","doi-asserted-by":"crossref","unstructured":"Doms, M., Furlong, F., & Krainer, J. (2007). Subprime mortgage delinquency rates. Federal Reserve Bank of San Francisco Working Paper 2007-33.","DOI":"10.24148\/wp2007-33"},{"issue":"3","key":"jagr.2013100102-14","first-page":"1","article-title":"Estimating the effect of mortgage foreclosures on nearby property values: A critical review of the literature.","volume":"95","author":"W. S.Frame","year":"2010","journal-title":"Economic Review (Federal Reserve Bank of Atlanta)"},{"key":"jagr.2013100102-15","doi-asserted-by":"publisher","DOI":"10.1016\/j.jue.2009.07.003"},{"key":"jagr.2013100102-16","unstructured":"Harding, J. P., Rosenblatt, E., & Yao, V. W. (2010). The foreclosure discount: Myth or reality? (January 11, 2010). Retrieved from http:\/\/ssrn.com\/abstract=1534966"},{"key":"jagr.2013100102-17","doi-asserted-by":"crossref","unstructured":"Hartley, D. A. (2010). The effect of foreclosures on nearby housing prices: Supply or disamenity? (September 2, 2010). Federal Reserve Bank of Cleveland Working Paper No. 10-11. Retrieved from http:\/\/ssrn.com\/abstract=1670820","DOI":"10.26509\/frbc-wp-201011"},{"key":"jagr.2013100102-18","doi-asserted-by":"crossref","unstructured":"Immergluck, D. (2008). From the subprime to the exotic: Excessive mortgage market risk and foreclosures. Journal of the American Planning Association, 74(1), 59-76.","DOI":"10.1080\/01944360701702313"},{"key":"jagr.2013100102-19","author":"D.Immergluck","year":"2009","journal-title":"Foreclosed: High-risk lending, deregulation, and the undermining of America\u2019s mortgage market"},{"key":"jagr.2013100102-20","doi-asserted-by":"publisher","DOI":"10.1080\/01944360903124316"},{"key":"jagr.2013100102-21","doi-asserted-by":"publisher","DOI":"10.1177\/1078087410375404"},{"key":"jagr.2013100102-22","doi-asserted-by":"publisher","DOI":"10.1111\/j.1468-2427.2010.00991.x"},{"key":"jagr.2013100102-23","doi-asserted-by":"publisher","DOI":"10.1080\/02673030600917743"},{"key":"jagr.2013100102-24","doi-asserted-by":"publisher","DOI":"10.1080\/10511482.2006.9521561"},{"key":"jagr.2013100102-25","doi-asserted-by":"publisher","DOI":"10.1007\/s11067-010-9138-3"},{"key":"jagr.2013100102-26","doi-asserted-by":"crossref","unstructured":"Kirk, D., & Hyra, D. (2010). Home foreclosures and community crime: Causal or spurious association? (October 25, 2010). Retrieved from http:\/\/ssrn.com\/abstract=1697871","DOI":"10.2139\/ssrn.1697871"},{"key":"jagr.2013100102-27","doi-asserted-by":"publisher","DOI":"10.1177\/1078087410376614"},{"key":"jagr.2013100102-28","unstructured":"Lee, K. (2008). Foreclosure\u2019s price-depressing spillover effects on local properties: A literature review. Federal Reserve Bank of Boston: Community Affairs Discussion Paper 2008-01."},{"key":"jagr.2013100102-29","doi-asserted-by":"publisher","DOI":"10.1177\/0739456X10375305"},{"key":"jagr.2013100102-30","doi-asserted-by":"publisher","DOI":"10.1007\/s11146-007-9093-z"},{"key":"jagr.2013100102-31","unstructured":"Mikelbank, B. (2008). Spatial analysis of the impact of vacant, abandoned and foreclosed properties. Working paper submitted to the Federal Reserve Bank of Cleveland, Office of Community Affairs."},{"key":"jagr.2013100102-32","unstructured":"Miller, N. (2009). The Neighborhood impact of subprime lending, predatory lending, and foreclosure. FMA European Conference."},{"key":"jagr.2013100102-33","unstructured":"Mortgage Bankers Association. (2009). Delinquencies and foreclosures continue to climb in Latest MBA National Delinquency Survey. Press Release, May 28."},{"key":"jagr.2013100102-34","unstructured":"Mortgage Bankers Association. (2011). Short-term delinquencies fall to pre-recession levels, loans in foreclosure tie all-time record in latest MBA National Delinquency Survey. Press Release, February 17. Retrieved February 20, 2011."},{"key":"jagr.2013100102-35","doi-asserted-by":"publisher","DOI":"10.1080\/01944360903586738"},{"issue":"2","key":"jagr.2013100102-36","doi-asserted-by":"crossref","first-page":"193","DOI":"10.1080\/10835547.2006.12091177","article-title":"The value of foreclosed property.","volume":"28","author":"A.Pennington-Cross","year":"2006","journal-title":"Journal of Real Estate Research"},{"key":"jagr.2013100102-37","doi-asserted-by":"publisher","DOI":"10.1111\/j.1538-4632.2001.tb00444.x"},{"key":"jagr.2013100102-38","doi-asserted-by":"publisher","DOI":"10.1080\/10511482.2010.505845"},{"issue":"4","key":"jagr.2013100102-39","doi-asserted-by":"crossref","first-page":"455","DOI":"10.1080\/10835547.2009.12091261","article-title":"The impact of foreclosures on neighboring housing sales.","volume":"31","author":"W. H.Rogers","year":"2009","journal-title":"Journal of Real Estate Research"},{"key":"jagr.2013100102-40","doi-asserted-by":"publisher","DOI":"10.1177\/0003122410380868"},{"key":"jagr.2013100102-41","unstructured":"Schintler, L. Istrate, E., Pelletiere, D., & Kulkarni, R. (2010). The spatial aspects of the foreclosure crisis: A look at the New England region. (October 15, 2010). GMU School of Public Policy Research Paper No. 2010-28. Retrieved from http:\/\/ssrn.com\/abstract=1692969"},{"key":"jagr.2013100102-42","doi-asserted-by":"publisher","DOI":"10.1016\/j.jhe.2008.09.004"},{"key":"jagr.2013100102-43","author":"B. W.Silverman","year":"1986","journal-title":"Density estimation for statistics and data analysis"},{"issue":"January\/February","key":"jagr.2013100102-44","article-title":"Predatory lending: Redlining in reverse. Shelterforce","volume":"139","author":"G. D.Squires","year":"2005","journal-title":"The Journal of Affordable Housing and Community Building"},{"issue":"1","key":"jagr.2013100102-45","doi-asserted-by":"crossref","first-page":"45","DOI":"10.1080\/10835547.2009.12091996","article-title":"The determinants of foreclosed property values: Evidence from Inner-City Cleveland.","volume":"18","author":"A. J.Sumell","year":"2009","journal-title":"Journal of Housing Research"},{"key":"jagr.2013100102-46","doi-asserted-by":"publisher","DOI":"10.1007\/s10109-009-0088-6"},{"key":"jagr.2013100102-47","unstructured":"Vesselinov, E., & Beveridge, A. (2010, August 14). Avenues to wealth or roads to financial ruin? Homeownership and the distribution of mortgage foreclosures. In Proceedings of the Annual Meeting of the American Sociological Association Annual Meeting, Hilton Atlanta and Atlanta Marriott Marquis, Atlanta, GA."}],"container-title":["International Journal of Applied Geospatial Research"],"original-title":[],"language":"ng","link":[{"URL":"https:\/\/www.igi-global.com\/viewtitle.aspx?TitleId=95192","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2022,6,1]],"date-time":"2022-06-01T19:10:16Z","timestamp":1654110616000},"score":1,"resource":{"primary":{"URL":"https:\/\/services.igi-global.com\/resolvedoi\/resolve.aspx?doi=10.4018\/jagr.2013100102"}},"subtitle":["An Exploratory Space-Time Analysis of Franklin County, Ohio, 2001-2008"],"short-title":[],"issued":{"date-parts":[[2013,10,1]]},"references-count":48,"journal-issue":{"issue":"4","published-print":{"date-parts":[[2013,10]]}},"URL":"https:\/\/doi.org\/10.4018\/jagr.2013100102","relation":{},"ISSN":["1947-9654","1947-9662"],"issn-type":[{"value":"1947-9654","type":"print"},{"value":"1947-9662","type":"electronic"}],"subject":[],"published":{"date-parts":[[2013,10,1]]}}}