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Housing

The Brazen Redlining Happening in Cleveland

A real estate agency has made a modern redlining map of Cleveland, but in a time of rising home prices, some say it might have the unintended effect of keeping housing affordable.
In Cleveland, banks have been selling off foreclosed homes in the city at less than one-third of their previous value, harming property values in an area that has been an epicenter for the nation's mortgage crisis, a study said Monday.
In Cleveland, banks have been selling off foreclosed homes in the city at less than one-third of their previous value, harming property values in an area that has been an epicenter for the nation's mortgage crisis, a study said Monday.Tony Dejak/AP

A tweet from writer Daniel Kay Hertz recently set Fair Housing Twitter astir.

It linked to a 2015 blog post written by Cleveland real estate broker James Wise titled “The Ultimate Guide to Grading Cleveland Neighborhoods.”