28-04-2018 06:03 via rismedia.com

Analysis: Appreciation Lags From Redlining

Homes in neighborhoods that were redlined in the past have not caught up to their counterparts in value, according to an analysis recently released by Zillow.
The average “hazardous” home—as deemed by the now-defunct Home Owners’ Loan Corp. (HOLC), a GSE of sorts—are at 85 percent of the median value. The median of a neighborhood that was redlined is now $276,199, while the median of a nearby neighborhood that was not redlined is now $324,489.
In the case of housing
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