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Jun 8, 2021

The racial gap in appraisals devalues homes owned by people of color

Also: The Biden administration announces a strategy to strengthen supply chains, labor and supply shortages are driving up costs for consumers and Las Vegas hosts its first major business convention since the pandemic.

Real estate agent Don Robinson said he has seen the devaluing of homes in Black neighborhoods in Chicago with little recourse for the owners.
Real estate agent Don Robinson said he has seen the devaluing of homes in Black neighborhoods in Chicago with little recourse for the owners.
Manuel Martinez/WBEZ

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The racial gap in appraisals devalues homes owned by people of color