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Updated about 1 year ago on . Most recent reply
Lawsuit Alleging Racial Bias in Home Appraisals Is Settled
One of my first inquiries on BP, two years ago, Avoiding Bias. How do other investors do it? (biggerpockets.com), yielded more advice than I had anticipated. Since then, as an investor, I have remained interested in the impact of racism in real estate.
Here is an update on a black couple who, after "whitewashing" their home, saw an almost $300K increase in the appraised value of their home: https://www.nytimes.com/2024/03/25/realestate/racial-bias-ap...