Research
Like the real estate industry, the Center for Real Estate Studies' research agenda is always evolving.
To Err Is Automated: Have Technological Advances in the Mortgage Market Increased Opportunities for Black Homeownership?
Journal of the Center for Policy Analysis and Research, Vol. 2024, 34-47
January 2, 2024
Appraisal bias has emerged as one of the most controversial issues in the mortgage industry.
Harnessing Artificial Intelligence for Equity in Mortgage Finance
November 6, 2023
AI has the potential to revolutionize the mortgage industry by increasing efficiency and reducing bias, but it also risks perpetuating racial inequities if not properly implemented.
Trust Me, I'm a Bank: What We Know and Don't Know about Trust, Banking Relationships, and Access to Financial Services
October 12, 2023
Public mistrust of banks is widespread. According to an April 2023 survey of Americans by Gallup, nearly 50 percent of people are worried about the safety of their money in banks.
Algorithms for All: Can AI in the Mortgage Market Expand Access to Homeownership?
October 11, 2023
Artificial intelligence (AI) is transforming the mortgage market at every stage of the value chain.
I’m Only Human? The Role of Racial Stereotypes, Humanness, and Satisfaction in [Home Rental] Transactions with Anthropomorphic Sales Bots
Journal of the Association for Consumer Research, 8(1), 47-58
January 11, 2023
Prior research suggests that expectations and outcomes of marketplace transactions can vary by the race, ethnicity, and gender of an agent, and customer (Henderson, Hakstian, & Williams 2016; Lindridge, Henderson & Ekpo 2015).
Algorithms for All: Has Digitalization in the Mortgage Market Expanded Access to Homeownership?
June 2, 2022
Digitalization is transforming the mortgage market at every stage of the value chain.
Be Careful What You Ask For: The Economic Impact of Changing the Structure of Real Estate Agent Fees
May 11, 2022
Over the past few years, several class-action lawsuits have been filed against the National Association of Realtors and other members of the real estate brokerage industry involving the structure of real estate commissions.
How People-Based Special Purpose Credit Programs Can Reduce the Racial Homeownership Gap
April 22, 2022
Over the past few years, several class-action lawsuits have been filed against the National Association of Realtors and other members of the real estate brokerage industry involving the structure of real estate commissions.
Homeward Bound: Removing Barriers to Mortgage Credit for Black Homebuyers
October 1, 2021
We analyze some of the key barriers to Black homeownership and propose several solutions that promise to expand homeownership opportunities, lower the costs of homeownership, and hasten equity accumulation for Black households.
Tipping the SCALE: Will Alternative Data Promote or Impede Fair Lending Goals?
April 1, 2021
It has been more than 50 years since the passage of the Fair Housing Act, yet the homeownership rates of Blacks continue to be some 30 percentage points below those achieved by non-Latinx Whites.
