Tuesday, May 7, 2024 | The Latest Buzz for the Appraisal Industry

Racial Groups See Wide Gaps in Homeownership Rates

The high prices and record-low inventories that have been dominating the market for the last year are not doing much to address the plight of Black Americans whom want to own a home.  According to the National Association of Realtors (NAR) there are sizeable and persistent differences in  homeownership rates across racial groups. Using data …

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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