Black homes are often undervalued. Black appraisers are fighting to change that
By Curtis Burn After 21 years as a residential appraiser, Sanedria Potter still gets incredulous looks when she shows up at a home to do her job. âYouâre the appraiser?â sheâs asked. Potter smiles to herself, understanding sheâs an anomaly in her industry. Ninety-eight percent of home appraisers are white, according to the Bureau of Labor Statistics. As far as Potter is concerned, the lack of people of color in the industry is at the very root of home appraisal bias, which a Brookings Institution report last year said created a 23 percent devaluation of homes in Black neighborhoods, adding up to $156 billion