Tech people and lenders rely on this. For the vast majority of appraisers, census tract data is just an automated item we do not pay attention to. Census tract data has no relevance. Even if there is some correlation with census tract and different neighborhood values or different neighborhood characteristics, appraisers are never aware of this. Because the software automatically imports census data into our report for the subject, then does not provide any information on census tract data for our selected comps. So if we’re in a different census tract or cross mixing these areas, we never know if that’s happening anyways. Appraisers focus on similar markets for a variety of characteristics. We do not care what federal occupation zone zip code or what census tract they may or may not be present in. If we compare locally, there is no reason to care either, because developing appraisal values with sensible valuation theory is as simple as comparing locally. Additionally in the modern days and preceding decades, appraisers have not contributed to defining where census tracts end or begin, that’s someone elses department somewhere in government. Appraisers are tasked with market value analysis, not census tract analysis.

https://help.alamode.com/appraiser/total/default.htm#!locationmapsettings.htm
From the above Alamode appraisal software solicitation page:
Get FEMA, census, and USPS information — Automatically inserts flood, census tract and USPS standardization into your reports.

We know why this is going on and we know who is driving it. The best defensive attack in this case is going on a counter offensive attack at the real culprits – politicians and activists who keep this topic stirred up and alive purely for their own job security.

Appraisers do not consider race as a basis of ANY aspect in our valuation process. I wouldn’t even know how to begin to filter for such even if I wanted to, which I clearly don’t.

The government bean counters and think tanks like the Brookings Institute keep this stirred up and alive to insure they have agencies and jobs going forward. What a piss poor thing to do with our tax dollars – instigate. Maybe it’s time we appraisers acted in the role of tax payers and citizens. Creating rifts where they don’t exist between different groups of citizens and wasting our funds is both evil and poor fiduciary policy.

I say we need to fire these public officials intent on being dividers and instigators.

So often with the left, they take positions before all the facts are discovered. Then even when the facts are known and are proven to be wrong, they do not acknowledge their error(s) nor apologize. They carry on as if the crime was committed even though no crime was committed. In many cases they make up crimes with the hopes that real crimes will be discovered during the non-constitutional and illegal investigations. They do not care how many innocent people are destroyed in the process. They do, however, understand their lazy constituency that believe any ____ they spew without question and without any study/research to test the validity of the accusations.

Unfortunately, They will get away with their agenda for a while. Good luck convincing the final judge of your “noble” endeavors in the most important courtroom drama in your existence.

Why don’t these accusatory geniuses go after potential insider trading by members of congress. It is amazing how wealthy many politicians get while in office. Or why congress sets up lousy health care laws for small business that they are exempt from and instead have cushy perks. Or crony capitalism. But then they might be going after their own sizable funding sources by which to destroy small business!