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A legacy of redlining and systemic racism in the housing market, the home appraisal gap can create barriers for Black and Latino homeowners when it comes to selling their properties for a profit or obtaining financing for a purchase. (Rawpixelimages/Dreamstime/TNS)
A legacy of redlining and systemic racism in the housing market, the home appraisal gap can create barriers for Black and Latino homeowners when it comes to selling their properties for a profit or obtaining financing for a purchase. (Rawpixelimages/Dreamstime/TNS)
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The appraisal gap matters because it creates a barrier for Black and Latino homeowners hoping to sell their property for a profit, and for buyers seeking financing for a purchase.

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