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Updated 11 months ago on . Most recent reply

User Stats

525
Posts
745
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Ron Brady
  • Rental Property Investor
  • Burlington County, NJ
745
Votes |
525
Posts

Lawsuit Alleging Racial Bias in Home Appraisals Is Settled

Ron Brady
  • Rental Property Investor
  • Burlington County, NJ
Posted

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...

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