Black homeowner had a white friend stand in for third appraisal.
Show Caption Hide Caption Homeowner's home value doubles when white friend stands in at appraisal Carlette Duffy had a white friend stand in for her during her third home appraisal and her home value doubled.
For months, she suspected she had been low-balled on two home appraisals because she's Black.
She decided to put that suspicion to the test and asked a white family friend to stand in for her during an appraisal.
Across the nation, homes owned by Black Americans are significantly undervalued next to homes in comparable white neighborhoods, according to a study by Brookings.
"It's almost when people see Black neighborhoods, they see twice as much crime than there actually is.
After those factors were controlled for, homes in Black neighborhoods were underpriced by 23% or about $48,000 per home. »
