Archive | Racial Bias

Time to Correct Racial Bias in Residential Valuation. Here is The Way to Start.

My December 27, 2022 article for the New York Law Journal discusses the widespread racial bias found in residential appraisals.  Racial bias in home valuation operates as an institutionalized theft of value from the Black community.  Most Americans measure their wealth by calculating their net worth.  The largest component of personal wealth is the ownership of one’s home.  If a racial component is not given a fair valuation of their property, they lose the opportunity to increase their personal wealth, or at least have a fair accounting of same. The… read more

Posted in Appraisers, Racial Bias, Valuation
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