{"version":"1.0","type":"card","id":"f68883fd-5167-469b-9d9b-462e7e5a4169","url":"https://stacklist.com/card/f68883fd-5167-469b-9d9b-462e7e5a4169","title":"Do Automated Valuation Models Reinforce Disparities? (Urban Institute)","source_url":"https://www.urban.org/research/publication/do-automated-valuation-models-reinforce-disparities-home-values","note":"Research on where automated valuation models go wrong. The short version: they are least reliable where homes are least alike, which describes much of Oahu.","image":{"url":"https://ucarecdn.com/7aa71fd9-bbed-40e3-8af3-98899493d7ab/","alt":"Do Automated Valuation Models Reinforce Disparities? (Urban Institute)","width":1024,"height":576},"stack":{"id":"f9bc5e9f-d2c2-4750-957d-75c3a1a5bd7a","title":"Pricing Unusual Oahu Property: Oceanfront, CPR, Ag and Leasehold","url":"https://stacklist.com/c/home/stack/f9bc5e9f-d2c2-4750-957d-75c3a1a5bd7a"},"created_at":"2026-09-08T21:54:24.329Z","updated_at":null,"aco":{"summary":"This study provides the first individual-level evidence of AVM valuation errors, finding that Black homeowners in Atlanta and Memphis face errors 3.4 percentage points higher and undervaluation of about 5 percent compared to white homeowners. The research offers an empirical framework for identifying algorithmic bias and recommends policy actions to improve transparency, data quality, and fairness in automated home valuation systems.","tags":["algorithmic-bias","automated-valuation","racial-equity","housing-finance","mortgage-lending","avm","home-valuation"],"key_entities":[{"name":"Automated Valuation Models (AVMs)","type":"technology","confidence":1},{"name":"fully Bayesian Improved Surname Geocoding (fBISG)","type":"technology","confidence":0.95},{"name":"Atlanta","type":"location","confidence":0.98},{"name":"Memphis","type":"location","confidence":0.98},{"name":"Housing Finance Policy Center","type":"organization","confidence":0.92},{"name":"Algorithmic Bias","type":"concept","confidence":0.97},{"name":"Racial Equity","type":"concept","confidence":0.97},{"name":"Home Undervaluation","type":"concept","confidence":0.93},{"name":"Racial Equity Analytics Lab","type":"organization","confidence":0.88}],"classification":"analysis","language":"en","confidence":0.85,"provenance":{"model":"claude-sonnet-4-6","tool":"@stacklist/mcp-server@2.0.0","confidence":0.85,"timestamp":"2026-09-08T21:54:33.623Z"},"token_counts":{"approximate":813,"cl100k":559},"content_hash":"sha256:4bb91627a7e95379d62a1083d618037a399dfd091d63ea6eb6b2105e15b2f354","acp_version":"0.2","body_available":true,"body_tokens":813,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/f68883fd-5167-469b-9d9b-462e7e5a4169.json","html":"https://stacklist.com/card/f68883fd-5167-469b-9d9b-462e7e5a4169","md":"/api/public/card/f68883fd-5167-469b-9d9b-462e7e5a4169.md","stack_json":"/api/public/stack/f9bc5e9f-d2c2-4750-957d-75c3a1a5bd7a.json"}}