Redfin, Seattle, released a recent report finding that the typical home that went under contract in July was on the market for 43 days, up from 35 days a year earlier.

Industry news from Tavant, Snapdocs, American Land Title Association, WFG National Title Insurance Co., Cloudvirga and NotaryCam.

MISMO®, the real estate finance industry's standards organization, released the Automated Valuation Model Common Confidence Score Standard and Guidance. The new standard is designed to help mortgage originators and others evaluate AVM risk more effectively and consistently, supporting industry-wide adoption and regulatory compliance.