Appraisals

Real estate site Zillow is launching a $1 million competition among data scientists to improve its "Zestimate" home valuations, but said the crowdsourcing initiative is unrelated to recent lawsuits filed in Chicago against the company.

Rising prices are holding back some potential sellers from listing their properties because they fear they won't find an affordable replacement, according to First American Financial Corp.

The median price reported to the Realtors Association of New Mexico for the month of April was $192,000, which is nearly 4% higher than the March 2017 median and more than 6% higher than the April 2016 median.

Home values increased by 7.3% in April, the strongest rate of year-over-year appreciation in more than 10 years, according to Zillow.

Here's a look at the top cities where out-of-town house hunters are looking to buy. Mortgage lenders can capitalize on these trends with targeted marketing and specialized customer service to cater to these consumers.

The San Diego County median home price hit $525,000 in April, passing the region's previous peak reached in 2005.

Home prices increased 6% in the first quarter from a year earlier as competition heated up for a scarcity of listings.

Consumers already apprehensive about affordable housing in South Florida will take little comfort in the latest price increases for existing single-family homes.

U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction — but a side effect of the plan could turn it into a perk for only the wealthy.

Existing home sales prices increased on an annual basis by the most in eight quarters as new listings failed to keep up with the surge in demand, the National Association of Realtors said.