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MVLS Featured in the Baltimore Banner, “Time to bridge home valuation biases affecting Black homeowners”

Did you know, despite numerous legal obstacles and the longstanding history of racism, many families of color still managed to purchase homes, creating the largest source of wealth for their families? Says, MVLS Senior Consumer Attorney, Aja’ Mallory. However, homeownership has its challenges, which often intensify when determining how the government and commercial housing industry value Black-owned homes. These homeowners often face inflated property tax assessments and the undervaluing of their homes when it’s time to sell or refinance.