Movin', But Not Up To The East Side: Foreclosures and Social Disorganization in Orange County, Florida

    Authors

    J. Schildkraut;E. E. Mustaine

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    Abbreviated Journal Title

    Hous. Stud.

    Keywords

    Foreclosures; social disorganization theory; mortgages; real estate; communities; RESIDENTIAL MORTGAGE FORECLOSURE; COLLECTIVE EFFICACY; URBAN; NEIGHBORHOODS; SPATIAL DYNAMICS; PROPERTY-VALUES; CRIME; DISORDER; DELINQUENCY; MULTILEVEL; CRISIS; Environmental Studies; Urban Studies

    Abstract

    The recent foreclosure crisis in the USA has called for a revival in social disorganization research to examine how communities are being affected. While a number of studies have examined the direct relationship between social disorganization and crime in communities plagued by foreclosure, they have failed to look at the link between social disorganization and real estate indicators. This study fills this gap by examining Orange County, Florida in 2010 using realtor-reported transactional information, a type of data that are rich in transactional information but has yet to be utilized. The findings of this study indicate that negative social capital significantly predicts areas with higher concentrations of foreclosures (positive relationship) and traditional sales (inverse relationship). The proportion of Fair Housing Administration/Veterans Administration loans, the average days on market and the proportion of affluent households in the community also significantly predict these transactions. Limitations of the study as well as directions for future research are also discussed.

    Journal Title

    Housing Studies

    Volume

    29

    Issue/Number

    2

    Publication Date

    1-1-2014

    Document Type

    Article

    Language

    English

    First Page

    177

    Last Page

    197

    WOS Identifier

    WOS:000337230400001

    ISSN

    0267-3037

    Share

    COinS