Fast-rising home prices are creating opportunities for some longtime Black homeowners. Those high valuations can also raise big questions about the best way to tap into that wealth.
Fast-rising home prices are creating opportunities for some longtime Black homeowners. Those high valuations can also raise big questions about the best way to tap into that wealth.
A new analysis by Freddie Mac has found that only 7.4% of appraisals in majority-white census tracts came in below contract price, compared with 12.5% for Black areas and 15.4% for Latino ones.