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.
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,
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
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