90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Here and Now with Robin Young
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Tuesday, April 30, 2013

Study: Blacks, Hispanics Pay More For Homes

A "Sold" sign is posted outside a home in Indianapolis, Tuesday, April 9, 2013. (Michael Conroy/AP)

A “Sold” sign is posted outside a home in Indianapolis, Tuesday, April 9, 2013. (Michael Conroy/AP)

A new study out of Duke University finds that black and Hispanic home buyers are paying up to 3.5 percent more than white home buyers for comparable homes.

Researchers looked at two million home sales from 1990 to 2008.

The study’s senior author, Patrick Bayer, says it’s not clear why minority home buyers are paying more.

One possible explanation could be that a larger percentage of black and Hispanic home buyers are new to the market, and as a result may not be experienced in negotiating the price.

Guest:

  • Patrick Bayer, department chair and professor of economics at Duke University. He’s also a research associate at the National Bureau of Economic Research.

Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

October 23 Comment

New Documentary Profiles Human Rights Watch Team

An elite group known as the E-Team travels across the globe documenting human rights violations and war crimes.

October 23 Comment

Bottom Of The Sea Is ‘A World Of Surprises’

The world's oceans cover nearly two-thirds of the Earth's surface, yet little is understood about the ocean floor.

October 22 13 Comments

Colorado Backs Away From Pot Edibles Ban

Critics say a ban would violate the state's voter-approved legalization of recreational marijuana, which took effect in January.

October 22 4 Comments

Modest Raise For Social Security Recipients

Economist Diane Swonk says the 1.7 percent cost-of-living increase falls short of the inflation older Americans actually see.