BLACK AND BROWN FAMILIES EXPERIENCE RACISM IN HOME VALUATION IN AMERICA EVERYDAY
More than 97 percent of home appraisers are white, according to the Bureau of Labor Statistics.
The Appraisal Foundation, which sets national standards for real estate valuation, did not respond to a request for a comment. But Jody Bishop, president of the Appraisal Institute, an international association of registered appraisers, said he was distressed by the findings.
- The New York Times 11/2/2022
The Parkers said their fears that the low appraisal was due to racial discrimination was confirmed as they realized how easily they could have lost almost $100,000 on their home. 
-Cincinnati Enquirer 9/13/2021
THE BIDEN ADMINISTRATION HAS RECOGNIZED THIS AS A CONCERN FOR PEOPLE OF COLOR IN AMERICA
WHAT CAN WE DO TO CORRECT THE SYSTEMATIC ISSUES THAT PERPETUATE THIS BIAS?
The National Appraisal Bias Taskforce is ready to address this systematic injustice with a multi-pronged approach. Our top down plan seeks to reach lenders, appraisers, appraisal management companies, real estate agents and other real estate professionals. We have already started bringing workshops to professionals in real estate and in the lending arenas.
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