Final answer:
Blockbusting is the term that describes inducing homeowners to sell by informing them of possible entry of minority groups into their neighborhood. It is a practice used by real-estate agents and speculators to exploit racial fears and profit from the situation.
Step-by-step explanation:
The term that describes inducing homeowners to sell by informing them of possible entry of minority groups into their neighborhood is blockbusting.
Blockbusting is a practice used by real-estate agents and speculators to exploit the racial fears of white homeowners. By announcing their intention to sell a home in an all-white neighborhood to a minority family, they create panic among white residents, prompting them to sell their homes at lower prices.
These homes are then sold by the speculators to minority families at higher prices, resulting in discrimination and profit for the speculators.