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Appraisers Consistently Undervalue These Homes

·4 min read
Appraisers Consistently Undervalue These Homes

Here, we examine which neighborhoods are hit hardest by what appears to be racial bias. Last September, Freddie Mac released a comprehensive study of the U.S. home appraisal industry. During the same month that Freddie Mac released its study, the White House announced that home prices had increased nationwide by 18.6% in 12 months.