PAVE Action Plan to combat Home Appraisal Bias

An interagency task force at the White House has outlined a plan aimed at rooting out racial and ethnic bias in home valuations. The Property Appraisal and Valuation Equity (PAVE) task force released a five-step action plan last week to increase oversight and accountability. It also includes steps for homebuyers and homeowners to take when they receive a valuation lower than expected. The National Association of REALTORS® (NAR) had a […]