The recession was a hit to every sector of the economy and took its toll on every household across the country. In some areas, the fall was more drastic than in others, and so too, the recovery has arrived unevenly. Homes in Black and Hispanic neighborhoods have rebounded more slowly than comparable homes in White and Asian neighborhoods. The causes and effects of policy, society, and economics are all on display, and each has an influence. Zillow provides more information on the uneven recovery here.
Theresa Springer’s Blog
Home Values Return More Slowly to Some Areas
March 3, 2015