Zach Wichter,

Posts by Zach Wichter,

Overcoming Bias in Home Appraisals Starts With the Appraisers

(TNS)—Home appraisers have gotten an unusual amount of attention recently thanks to a surge in coverage about racial disparities in home valuations. There’s no simple explanation for how a property’s value is assessed, but understanding how appraisals work and the industry’s current makeup can provide some framework to addressing inequality in the housing market. Why…