Opinions of Value

Your source for appraisal news and trends

Menu
  • Home
  • AI Resources
  • Education
  • Publications
  • Professional Practice
  • News
  • Advocacy
  • About Us

Do Oil Spills Impact Home Values?

April 17, 2018 by Appraisal Institute Staff

Home values in Golden Beach, Maryland, near an April 2000 oil spill dropped in the short term, but rebounded after two years, according to a study published in The Appraisal Journal.

TAJ_Win18_Cover1 (002)“A Pipeline Spill Revisited: How Long Do Impacts on Home Prices Last?” by Richard J. Roddewig, MAI, Charles T. Brigden and Anne S. Baxendale revisits a case study of homes near an April 2000 oil spill to examine changes in real estate prices in the following years. Although home values initially dropped 10.9 percent to 12.6 percent, the latest research shows prices overcame their losses by 2002.

Read “A Pipeline Spill Revisited: How Long Do Impacts on Home Prices Last?” in the Winter 2018 issue of The Appraisal Journal.

Filed Under: oil spills

Latest Posts

  • AI Submits Letter in Support of Fairness in Valuation Legislation March 26, 2021
  • AI Collaborates with Other Organizations to Award Scholarships February 26, 2021
  • 2021 Appraisal Institute President Rodman Schley’s Vision for the Year February 11, 2021
  • Save the Date for the 2021 Appraisal Institute Annual Conference February 5, 2021
  • AI Mourns Passing of 2016 President Scott Robinson January 29, 2021
  • Media Coverage of Appraisal Institute Seen by More than 700 Million January 26, 2021
  • AI Co-signs Letter to President-Elect Biden on Commercial Real Estate Issues December 23, 2020
  • AI’s Major Accomplishments Throughout 2020 November 27, 2020
  • AI Joins Forces with Other Organizations to Combat Unconscious Valuation Bias October 30, 2020
  • Appraisal Institute Reinforces Commitment to Expand Diversity, Tackle Housing Challenges October 21, 2020

Posts by topic

  • 2014 Presidents message (5)
  • 2015 President's Messages (12)
  • 2016 President's Messages (8)
  • 2017 President's Messages (13)
  • 2018 Annual Conference (5)
  • 2018 Appraisal Institute President's Messages (3)
  • 2018 President's Messages (9)
  • 2019 Annual Conference (8)
  • 2019 President's Messages (12)
  • 2020 Appraisal Institute President's Messages (8)
  • 2020 President's Messages (5)
  • 2021 President's Message (3)
  • AI Connect (5)
  • AMS (2)
  • appraisal bias (1)
  • appraisal careers (17)
  • Appraisal Insstitute designatons (2)
  • Appraisal Institute (219)
  • Appraisal Institute Annual Meeting (8)
  • Appraisal Institute Annual Meeting (4)
  • Appraisal Institute blog (9)
  • Appraisal Institute Body of Knowledge (3)
  • Appraisal Institute chapters (1)
  • Appraisal Institute designation (5)
  • Appraisal Institute Designations (8)
  • Appraisal Institute Education (2)
  • Appraisal Institute Green Addendum (2)
  • Appraisal Institute media coverage (6)
  • Appraisal Institute volunteer opportunities (3)
  • appraisal legislation (4)
  • appraisal myths (3)
  • appraisal regulation (8)
  • appraisal threshold (5)
  • appraisal thresholds (4)
  • appraisal waivers (1)
  • appraiser diversity (1)
  • appraiser trainee (1)
  • Appraisers (8)
  • Arbitration (2)
  • arbitrator (1)
  • association management system (1)
  • automated valuation models (1)
  • AVM (1)
  • Bifurcated Appraisal (1)
  • big-box properties (1)
  • Call for proposals (1)
  • Candidate for Designation (3)
  • Candidate for Designation (3)
  • challenging appraisals (1)
  • co-op appraisals (1)
  • condo appraisals (1)
  • conservation easement appraisals (1)
  • conservation easements (1)
  • consumer appraisal information (11)
  • coronavirus appraisals (1)
  • designations (3)
  • desktop appraisals (1)
  • Diminution valuation (1)
  • exterior appraisals (1)
  • FHA appraisals (1)
  • FHA Handbook 4000.1 (1)
  • green valuation (9)
  • HERS Index (1)
  • HERS rating (1)
  • Highest and best use (2)
  • home appraisals (6)
  • home inspections (2)
  • Home Renovations (1)
  • Home Winterization Tips (2)
  • Hybrid Appraisal (1)
  • International outreach (1)
  • International Valuation Conference (5)
  • landscaping and appraisal (2)
  • landscaping and property values (2)
  • Main (10)
  • market analysis (3)
  • multifamily appraisals (1)
  • office building appraisals (1)
  • office property appraisals (1)
  • oil spills (1)
  • overhead transmission lines (1)
  • property tax appeals (3)
  • PUD appraisals (1)
  • relocation (1)
  • Residential Appraisal (1)
  • residential appraisals (8)
  • residential appraisers (4)
  • RMAT (1)
  • rural property (3)
  • social media for appraisers (2)
  • solar (1)
  • SRA designation (1)
  • TAF (1)
  • taxes (1)
  • technology and valuation (1)
  • testimony (1)
  • The Appraisal Foundation (1)
  • The Appraisal Institute (84)
    • Appraisal Institute Review Designations (1)
  • The Appraisal Journal (2)
  • timeshare appraisals (1)
  • transportation (1)
  • Trial preparation (1)
  • USPAP (1)
  • valuation careers (10)
  • volunteer (1)
  • Volunteers of Distinction (8)

RSS AI News

  • Energy-proficient Appraisers Could Thrive in New Green Economy: The Appraisal Journal April 13, 2021
  • Appraisal Institute Debuts New and Improved Residential Education Offering March 4, 2021
  • Appraisal Institute, Fannie Mae, National Urban League Award Scholarships to Strengthen Diversity in Profession February 18, 2021

RSS Industry News

  • Homebuyer, Seller Sentiment Up, Mortgage Outlook Down, Fannie Mae Index Shows April 14, 2021
  • CFPB Seeks to Ban Foreclosure Starts Until 2022 April 14, 2021
  • Biden Seeks More Affordable Housing with $5B in Incentives April 14, 2021

Follow us

icon_youtubeicon_linkedinicon_twittericon_rssicon_facebook

About this blog

Opinions of Value provides the appraiser perspective on developments in the valuation profession, insight on legislative and regulatory issues and outlook on industry trends.
Terms of Use | Disclaimer | Guest Blogger Guidelines

Dotcomm Award

Copyright © 2021 · Genesis Child on Genesis Framework · WordPress · Log in