Biden administration to fight racial bias in real estate appraisals

By Reuters Posted on March 23, 2022

FILE PHOTO: A newly built home sits vacant with a “For Sale” sign in front, at the Courtland Ridge development in Alpine, Utah

FILE PHOTO: A newly built home sits vacant with a “For Sale” sign in front, at the Courtland Ridge development in Alpine, Utah, March 26, 2008. REUTERS/George Frey

By Trevor Hunnicutt

WASHINGTON – The Biden administration on Wednesday announced new steps to crack down on real estate appraisers who perpetuate property inequalities by assigning lower home price estimates to Black and Latino owners.

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Biden administration to fight racial bias in real estate appraisals

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