2. Hypothesis  Foreclosure average list price will be less than for sale average list price  Foreclosures will be more concentrated in low-income areas  For sale homes on average will have more square footage than foreclosure homes

3.   Zillow.com Homes for Sale & Foreclosures from City of Eau Claire Website  City of Eau Claire Website Assessment Records - Attribute Data for both For Sale & Foreclosures homes Assessment Records  ArcGIS Geocoded address points, Spatial Statistic Tools-Hot Spot Analysis & Mean Center Data Sources & Methods

5. For Sale 2420 5 th St., Eau Claire, WI 54703 List Price89,900 Year Built 1917, 2- Story, 1456 Square Feet, Detached Garage, 6 Rooms, 4 Bedrooms, 1 Bathroom For Sale 624 Maple St., Eau Claire, WI 54703 List Price 109,900, Year Built 1958, 1- Story, 1504 Square Feet, Attached Garage, 6 Rooms, 2 Bedrooms, 2 Bathrooms Foreclosure 2155 12th St., Eau Claire, WI 54703 List Price 92,500 Year Built 1929, 1- Story, 1056 Square Feet, Detached Garage, 6 Rooms, 3 Bedrooms, 1 Bathroom Foreclosure 456 Platt St., Eau Claire, WI 54703 List Price 125,700 Multi-Unit, Year Built 1886, 2-Story, 1824 Square Feet, Detached Garage, 9 Rooms, 4 Bedrooms, 2 Bathrooms

6.  Foreclosure vs. For Sale Attribute Averages Averages AttributesForeclosureFor SaleDifference 1List Price$107,728$158,503$50,775 2Assessed Value$113,728$152,545$38,817 3Year1940195010 4Story21 5Square Foot1,4081,691283 6Room660 7Bedroom330 8Bathroom220 9Fireplace111 AttributesEau ClaireForeclosureDifference Median List Price$119,500$107,728$11,772 AttributesEau ClaireFor SaleDifference Median List Price$119,500$158,503$39,003

7.  Foreclosure & Census Data by Two Zip Codes Foreclosures in this study22%78% Attributes Zip Code Data Zip Code5470154703 Median Income$40,331$38,068 High School Diploma91.6%89.5% Bachelors Degree37.4%22.3% Unemployed3.5%3.3% Poverty8.9%14% Occupation-Mgt./Professional37%26.7% Demographics-White95%92.20%

8. Foreclosure Hot Spots For Sale Hot Spots

9.  Foreclosure List Price and Year Constructed There is a positive correlation between the year a home is constructed and the Foreclosure List Price. This means that the newer a home is the more expensive it becomes. The R-Squared value is almost 40% and that explains how often the relationship would occur between these two variable. This is not an example of a very high correlation so an assumption could be made that some other variable is contributing to Foreclosure List Price.

11.  Conclusion  Foreclosure average list price is $50,775 lower than For Sale average list price  78% of Foreclosures located in low-income areas  For sale homes on average had 283 more square footage than foreclosure homes

12.  Bibliography  "Welcome to the City of Eau Claire Wisconsin." Welcome to the City of Eau Claire Wisconsin. Web. 05 June 2012..  "Zillow Real Estate and Homes for Sale." Zillow. Web. 05 June 2012..  "ZIPskinny - Get the Skinny on That ZIP (demographics by ZIP Code)." ZIPskinny - Get the Skinny on That ZIP (demographics by ZIP Code). Web. 07 June 2012..