Despite Improvement, Home Values Lag for Communities of Color

As home prices reach pre-recession levels, the value gap between communities of color and the typical American home remains pronounced, but the disparity is shrinking, according to a Zillow.com study. For Black- and Latinx-owned homes, values have long lagged behind home values overall, Zillow reported. These minority-led households are worth 16.2% and 10.2% less, respectively, …

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Source: DS News

2021-01-05T10:59:05-06:00