Appraiserblogs

JULY 14, 2022

The chief of the Brookings Institution, a retired four-star general, resigned last month under investigation of lobbying on behalf of a foreign government and then covering it up. Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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Appraiserblogs

SEPTEMBER 7, 2022

And just like that, real estate appraisers from across the country have now added a new line item to their résumés, websites and marketing material: RESTORATION VALUE MAGICIAN. NAR Report Paints a Different Picture The study also shows the appraisal was the LOWEST scored item on the list of discriminatory practices. Here is a thought.

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Appraiserblogs

AUGUST 9, 2021

Appraisers should avoid using words that lend themselves to bias judgments. Instead, the appraisal report should document objective facts. Bias” in appraisals has been a ‘hot topic’ around nationwide water coolers since about 2018, and even earlier.

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Appraiserblogs

SEPTEMBER 27, 2021

Fannie Mae wants to hear from you about racial bias in appraisals. News media reports alleging racial bias in home appraisals have turned a spotlight on the appraisal process in the mortgage industry. Many of the conversations on this topic have excluded appraisers. The survey closes on October 3, 2021.

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Appraiserblogs

JUNE 17, 2021

Appraisers, I have reached my boiling point about the negative press ‘we’ Independent Fee Appraisers have been receiving for many months – concerning supposed ‘systemic racial bias.’ It’s part of a new ‘culture’ of divisiveness promulgated by negative promoting people hell bent on disrupting society.

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Appraiserblogs

JANUARY 25, 2022

The Appraisal Subcommittee, because they were directed to do so, has produced a report, which frankly and explicitly lays the blame for low market values of homes in ‘communities of color’ directly at the feet of independent appraisers involved with mortgage lending. Appraisal Racism. Appraisal Racism.

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Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages. On January 4, 2021, the… The post Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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