A mixed-race family got their home appraised for $330k, way below the local average For a 2nd appraisal, they removed all black family photos/culture items & had only the white dad home. The appraisal: $465k Black-owned homes are devalued 23% on average
A couple received an appraisal of $330,000 on their home, which was well below market value. When the wife removed pictures of Black family members and left the house, the second appraisal came in at $460,000, a 40% increase.
Black Homeowners Face Discrimination in Appraisals
An interracial couple had their home appraised. The appraisal came in extremely low. They tried again but this time had the only the white husband present & removed all pictures of the black wife & their interracial child. The appraisal increased 40%
A Jacksonville home was appraised at $330k. But when the homeowners hid evidence of their Black family & had a 2nd appraisal, it came back at $465k. A report found lower appraisals cost Black homeowners $156 billion in cumulative losses.
When home of Abena Horton(who is black)was appraised lower than expected,she took down family photos & Toni Morrison books & left pix of her white husband & holiday cards from white families. Result? The “value” of the house was appraised 40 percent higher
I had no idea that Black homeowners routinely take down their pictures when they sell, but of course this makes sense. Racism is just so deeply ingrained in American society.
Books by Zora Neale Hurston and Toni Morrison were taken off the shelves, and holiday photo cards sent by friends were edited so that only those showing white families were left on display.
In mixed-race and predominantly white neighborhoods, Black homeowners say, their homes are consistently appraised for less than those of their neighbors, stymying their path toward building equity
Abena Horton thought her home’s appraised value was too low. She removed photos of Black family members, left the house, and her white husband answered the door. The appraiser valued it at $135,000 more. "Racism silently but conspicuously steals wealth.”
A Black woman removed signs of her Blackness from her home and left her white husband at home to handle the appraisal. The result: more $$. Important read on the subjective process of home appraisals, and how biases can play a big role
In mixed-race and predominantly white neighborhoods, Black homeowners say, their homes are consistently appraised for less than those of their neighbors, stymying their path toward building equity
I am currently punching the air. “A second appraisal valued Abena and Alex Horton’s Jacksonville home 40 percent higher than the first appraisal, after Ms. Horton removed all signs of Blackness.”
It’s been so hard to disabuse my parents of the notion that buying a home is a step to building wealth, even as no one on either side of my family has been able to successfuly do so.
“Home appraisers, who work under codes of ethics but with little regulation and oversight, are often all that stands between the accumulation of home equity and the destruction of it for Black Americans.”
eye-opening read : Florida woman gets 40% boost in appraised value of her home after removing signs that it was owned by a black family
Department of structural racism: The hidden “Black tax” can cost you more than $100,000 when you sell or refinance your home
The story is a necessary read but the captions alone made me want to scream. “The value of Stephen Richmond’s home...jumped after he removed family photos and movies posters, and had a white neighbor stand in for him during a second appraisal” via
Systemic racism looks like
“...Home appraisers, who work under codes of ethics but with little regulation and oversight, are often all that stands between the accumulation of home equity and the destruction of it for Black Americans.”
“My heart kind of broke,” Ms. Horton said. “I know what the issue was. And I knew what we needed to do to fix it, because in the Black community, it’s just common knowledge that you take your pictures down when you’re selling the house.”
Rioting destroys property in an obvious and violent way. But redlining and discriminatory appraisals are no less destructive to families and their savings. They just happen more quietly and don’t photograph dramatically.
“People always tell us to pull ourselves up by our bootstraps," D.L. Hughley wrote, "But what if you remove the straps?” Jaw-dropping stories of appraisal bias, with the numbers.
Racism is an equal opportunist when it comes to class—Black Homeowners Face Discrimination in Appraisals - The New York Times
Black Homeowners Face Discrimination in Appraisals
A natural experiment.
Couldn’t find a tweet from with this article (searched but may have missed it), but it deserves amplification.