The statement regarding a large group of minorities moving into a neighborhood is an example of what practice?

The statement regarding a large group of minorities moving into a neighborhood is an example of blockbusting. Blockbusting refers to the practice where real estate agents or developers induce panic selling by informing homeowners that a minority group is moving into the area. The intention behind this practice is often to buy properties at lower prices from fearful homeowners and then sell those homes at a higher price once the neighborhood has transitioned.

This practice exploits racial fears and can lead to discriminatory housing practices, which is why it has historical significance. It directly relates to changing demographics in a community and can adversely affect property values, leading to a cycle of panic and exploitation. Understanding blockbusting is crucial for recognizing how such tactics can harm communities and perpetuate segregation.

In terms of the other options: Redlining refers to the practice of denying services based on racial or ethnic composition. Pocket listing involves real estate professionals keeping listings private, and fair housing violation pertains to any discriminatory practices that breach the Fair Housing Act, which is aimed at ensuring equal housing opportunities. These concepts are related but distinct from blockbusting, which specifically targets the reaction of homeowners to perceived changes in neighborhood demographics.