Appraisals

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.

Home prices were up 6.9% in April over the prior year, as lower mortgage rates during the month stimulated consumer demand to purchase a property, according to CoreLogic.

During a five-year run of real estate prosperity, some South Florida communities that bore the brunt of the excruciating housing collapse are enjoying the biggest spikes in value, homeowners and brokers say.

Prices fell and the number of single-family homes sold in Connecticut were essentially flat year-over-year, according to the latest report form The Warren Group.

Home-price growth in the Portland area is slowing down, but rising prices here still outpace most of the nation's major cities.

Sales of homes in April throughout the Cincinnati region remained strong, but could not maintain a record-setting pace, according to the latest data from the Cincinnati Area Board of Realtors.

Financial regulators issued joint guidance on Wednesday highlighting the availability of cross-state appraiser licensing agreements.