This article explores how geographically weighted regression models account for various spatial foreclosure spillovers and impact equity and uniformity of mass appraisal automated valuation models.
Automated valuation model (AVM), Foreclosure
Bidanset, P. E., McCord, M., & Davis, P. (2016). Spatially accounting for spillover effects of foreclosures in automated valuation models to promote accuracy and uniformity of property tax assessments. Journal of Property Tax Assessment & Administration, 13(1), 5-19. Retrieved from https://researchexchange.iaao.org/jptaa/vol13/iss1/1