Posted in home

Couple says they faced discrimination in home appraisal because of wife’s race

This report is part of “Turning Point,” a groundbreaking series by ABC News examining the racial reckoning sweeping the United States and exploring whether it can lead to lasting reconciliation.



a person standing in front of a building: Abena and Alex Horton requested an appraisal of their Jacksonville, Florida, home.


© ABC News
Abena and Alex Horton requested an appraisal of their Jacksonville, Florida, home.

Abena Horton and her husband, Alex Horton, recently did what many homeowners do every day: They requested an appraisal to refinance their Jacksonville, Florida, home.

On the day of the appointment, Abena Horton was there to greet the appraiser who would go over their family’s four-bedroom, four-bathroom ranch style home.

But when the Hortons got the appraisal back, they thought the price was shockingly low.

“It clicked in my mind almost immediately that I understand what the issue was here,” Abena Horton said.

Watch the full story on “Nightline” tonight at 12 a.m. ET on ABC

Abena Horton, an attorney, is Black. Her husband,

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Posted in home improvement loans

U.S. pending home sales race to record high in August

FILE PHOTO: A home for sale sign hangs in front of a house in Oakton, on the day the National Association of Realtors issues its Pending Home Sales for February report, in Virginia March 27, 2014. REUTERS/Larry Downing

WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes surged to a record high in August, suggesting housing market activity was gathering speed amid record-low mortgage rates.

The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, jumped 8.8% to an all-time high of 132.8 last month. Economists polled by Reuters had forecast pending home contracts, which become sales after a month or two, rising 3.4% in August.

Pending home sales increased 24.2% from a year ago. The housing market has pressed ahead even as the COVID-19 pandemic has thrown millions out of work. The unemployment burden has fallen disproportionately on low-wage

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Posted in home

Rosa Parks’ home displayed in Italy as US race tensions rise



FILE - This Dec. 12, 2017 file photo shows the rebuilt house of the civil rights activist Rosa Parks in Berlin, Germany. The rundown, paint-chipped Detroit house where U.S. civil rights campaigner Rosa Parks took refuge after her historic bus boycott is going on display on Tuesday, Sept. 15, 2020 in Italy in a setting that couldn’t be more incongruous: the imposing central courtyard of the 18th century Royal Palace in Naples, southern Italy. (AP Photo/Michael Sohn, file)


© Provided by Associated Press
FILE – This Dec. 12, 2017 file photo shows the rebuilt house of the civil rights activist Rosa Parks in Berlin, Germany. The rundown, paint-chipped Detroit house where U.S. civil rights campaigner Rosa Parks took refuge after her historic bus boycott is going on display on Tuesday, Sept. 15, 2020 in Italy in a setting that couldn’t be more incongruous: the imposing central courtyard of the 18th century Royal Palace in Naples, southern Italy. (AP Photo/Michael Sohn, file)

NAPLES, Italy (AP) — The run-down, paint-chipped Detroit house where U.S. civil rights icon Rosa Parks took refuge after her historic bus boycott is going on display in Italy in a setting that couldn’t be more incongruous: the imposing central courtyard of the Royal Palace in Naples.

It’s the latest stop for the house in a years-long saga that began when Parks’ niece saved the tiny two-story

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