Appraisals

The market for existing-home sales underperformed its potential by 3.8% because of the inventory shortage, according to First American Financial Corp.

While home prices have increased sharply in expensive coastal cities, plenty of urban centers are lagging behind.

Comerica Bank will invest up to $5 million in Detroit Home Mortgage, which provides second mortgages to buyers so they can get past the city's appraisal gap problem.

The number of homes sold in Northeast Florida rose last month, and so did the price they sold for.

LendingTree has added property valuation data to its My LendingTree site, showing consumers how much equity in their home they can tap.

The average Chicago property tax bill is going up about 10% this year following City Hall and Chicago Public Schools tax hikes to pay for police, fire and teacher pensions.

The gap between what homeowners believe their home is worth and what the actual value widened for the sixth consecutive month in May, according to Quicken Loans.

For the first time since before the recession, the entire central Puget Sound region — from Pierce to Snohomish and Kitsap counties — has set records for median home prices.

The Fannie Mae Home Price Sentiment Index fell 0.5 percentage points in May to 86.2 as the continued price increase had more stating it was a better time to sell than buy.

CoreLogic is acquiring appraisal technology company Mercury Network from Serent Capital just two years after the San Francisco-based private equity firm purchased it.