Wednesday 25 April 2018

Home values in formerly redlined areas still lagging behind

Residential Sales | Zillow The value of homes in formerly redlined neighborhoods still lag behind other areas. In December 2017, the median value of a U.S. home in a redlined district stood at $276,199, 14.9 percent less than the $324,489 in non-redlined areas. The disparity was less pronounced in Manhattan. During the month, the median value of a home in a redlined area stood at $1,778,488, which is 4.4 percent less compared to the $1,860,758 […]



source https://therealdeal.com/2018/04/25/home-values-in-formerly-redlined-areas-still-lagging-behind/

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