Race and the Property Valuation Industry
Appraisal Buzz
MAY 31, 2021
Only the wife was at home to greet the appraiser when they arrived to inspect her home. These color codes were designed to indicate where it was safe to insure mortgages. Anywhere African Americans lived or lived nearby, were colored red to indicate that these neighborhoods were too risky to insure mortgages.
Let's personalize your content