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Ethnic Segmentation Of Real Estate Agent Practice In The Urban Housing Market, Risa Palm
Ethnic Segmentation Of Real Estate Agent Practice In The Urban Housing Market, Risa Palm
Geosciences Faculty Publications
This study investigated the extent to which the real estate industry is segmented along racial or ethnic lines. A 1982 survey of Anglo, black, and Hispanic real estate agents in the Denver metropolitan area showed ethnic segmentation in the structure of real estate business practice. Sellers select real estate agents at least partially on the basis of a common ethnicity, ethnicity affects the size and location of territories in which an agent obtains listings, and an agent's network of business contacts is limited by and is shaped by the ethnicity of the agent. Ethnicity therefore adds a further distortion to …
Home Mortgage Lenders And Earthquake Hazards, Risa Palm
Home Mortgage Lenders And Earthquake Hazards, Risa Palm
Geosciences Faculty Publications
A survey of major home mortgage lenders and real -property appraisers in California and the Puget Sound region shows a general inattention to earthquake hazards in appraisal and lending policy. This inattention is demonstrated not only in responses to survey questions, but also in a lack of differentiation in lending decisions between properties within and outside surface-fault rupture zones. As posited by organizational theory however, important variants exist in this overall policy, almost always resulting from the efforts of individuals within large lending organizations