 AHCOPA's Kenneth Bigos and Urban League's Abraham Pardo discuss appraisal bias with large group of housing counselors from Philadelphia What is Appraisal Bias?
And What is Philadelphia Doing About It? Philadelphia has been looking to understand “Appraisal Bias” since 2021, when then Councilmember Cherelle Parker launched the Philadelphia Home Appraisal Bias Task Force. This task force was created to understand what appraisal bias is, and if it was affecting Philadelphia communities. What is Appraisal Bias? Appraisal bias is a concept that when a homeowner gets their home appraised, Black homeowners and communities may see their home undervalued compared to their white counterparts. A hypothetical, but all too real, scenario would be as follows:
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