Questions? Let's Talk: 877.762.4375
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Questions? Let's Talk: 877.762.4375
The recession that began with the housing collapse affected virtually every homeowner in the country. From wealthy neighborhoods to less well-off inner city neighborhoods, everyone felt the pinch. However, now that the recovery seems to be taking hold, there is a noticeable difference in the return of value in Black and Hispanic areas. The effects of subprime mortgages and no doc mortgages are still being felt. For a discussion on economics tied to minority communities and housing values, read more from Zillow here.
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