‘Missing Out’: Homes In Black Neighborhoods Undervalued By $46,000 on Average, Economist Says
Homes in Black neighborhoods are undervalued by $46,000 on average, according to a recent study conducted by a national real estate brokerage. Redfin senior economist and lead author of the analysis Reginald Edwards said “bias” explains the persistent disparity which leaves Black Americans at a disadvantage in the U.S. housing market. According to Redfin’s analysis…
