The NAR Appraisal Summit: Fair Housing Issues in Real Estate Appraisal took place virtually on August 5, 2020 from 4:00pm to 5:00pm EDT.
View a recording of the live stream:
Owning a home is the dream of most American households. It is well documented that homeownership provides wealth to the inhabitants, but also helps ensure the financial stability of future generations as well.
Currently, there is a considerable wealth gap between white households and black households, even among homeowners. Recent research suggests that the way homes are valued might play a factor in exacerbating that inequality.
Where does the source of this problem lie? How can it be fixed? On August 5, NAR’s panelists listed below delved deeply into the subject and presented solutions that maintain a fair and equitable system for valuing real estate.
Agenda
4:00 pm – 4:05 pm
Welcome
Vince Malta, 2020 NAR President
4:05 pm – 4:20 pm
Racial Discrimination in Real Estate Valuations
Andre M. Perry, Fellow, Brookings Institute
4:20 pm – 4:35 pm
Abilities and Limitations of Appraising Real Estate Under Today’s Rules
Craig Morley, Managing Partner, Accurity Valuation/Morley & McConkie, LC
4:35 pm – 4:50 pm
Possible Means and Ways to Address Discriminatory Barriers to Housing
Elizabeth Peetz, Esq., Vice President of Government Affairs, Colorado Association of REALTORS®
4:50 PM – 5:00 PM
Q&A
Michael Neal, Sr. Research Associate, Housing Finance Policy Center, The Urban Institute
5:00 PM
Closing Remarks