Racially Biased Home Appraisals: NCRC Study
The NCRC released a report demonstrating a groundbreaking study about racially biased home appraisals utilizing mystery shoppers in Baltimore, MD. In addition, the study revealed that real estate appraisers deliver better assistance to White homeowners than Black homeowners. The appraisers assign higher values to residences they believe to be White-owned, as well. Black/White interracial partners…
