loader image
Real Estate Glossary

Blockbusting

inflation calculator
Avatar
Written by Luis Escobar

This illegal practice causes homeowners in a neighborhood to sell their properties by making representations of the prospective entry of members of a minority group–of a different race or national origin in particular–into the neighborhood. This is also known as panic peddling.

This illegal practice causes homeowners in a neighborhood to sell their properties by making representations of the prospective entry of members of a minority group–of a different race or national origin in particular–into the neighborhood. This is also known as panic peddling.

About the author

Avatar

Luis Escobar

Leave a Comment