UK Daily Mail: Proposed new regulations would allow homes to be bought and sold through electronic valuations rather than human appraisers

• Home appraisals could be done electronically without the need for a licensed human regulator, according to new proposals  
• Regulators say the vast majority of homes could be appraised using electronic algorithms which could make house buying faster and cheaper   
• About 214,000 home sales could have been made last year with the change 
• House appraisers were largely blamed for inflating prices during the crash…”