The US Real Estate Appraisal Market  2021 Business Scenario – CoreLogic, Inc., Real Matters, Inc., Wells Fargo & Company

Real Estate Appraisal Market is complete guide for the new entrants in the industry; the report provides the market history of every product ever retailed by the company. It also provides history of the product types, sales, volume, technology, during the forecast period. The growth rate challenges and barriers are also explained in the Real Estate Appraisal Market research report. The report shades light on the development rate of the strategies. Products and technologies used in the production, manufacturing and marketing of the report.

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The US Real Estate Appraisal market has been on a declining trend since 2014; due to increased regulations in the industry, as a result of which several appraisers switch to other fields of work within a span of five years.

The US Real Estate Appraisal Market is further expected to depict a downward trend from 2019-2023 due to barriers to entry, low technology penetration in the industry, restricted demand for appraisers based on the region, etc. Yet there are certain trends in the industry such as US mortgage market development, amendments in dodd-frank, fragmented market share of mortgage lenders, etc.

The report titled The US Real Estate Appraisal Market (2019-2023 Edition) provides an in-depth analysis of the US appraisal market by value, by volume, by number of AMCs, employment status, etc.

The competition in the US Real Estate Appraisal Market is very fragmented, with several local and regional players procuring major share of the market. Further, key players of US real estate appraisal market, CoreLogic, Inc., Real Matters, Inc., Wells Fargo & Company and JP Morgan Chase & Co. are also profiled with their financial information and respective business strategies.

The prominent players in the The US Real Estate Appraisal market are:

CoreLogic, Inc., Real Matters, Inc., Wells Fargo & Company, JP Morgan Chase & Co.

Top of FormMarket Segmentation by Region:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America

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The US Real Estate Appraisal Market: Research Methodology

Mortgage is a loan in which the house functions as the collateral. The banks or the mortgage lenders, loan a large chunk of money that is around 80% of the price of home that the borrower is required to pay back with interest over a set period of time. On failure of repaying the loan, the lender takes the home through a legal process known as foreclosure.

The mortgage lending process includes Lenders, Appraisal Management Companies (AMC), Appraisers, Title & Closing Companies, Title Agents, and Title Insurers.

An appraisal is a document that establishes an opinion of value for a property. Appraisals can be performed for a variety of reasons, although the most common reason is to help a lender establish the value of the collateral that is associated with a mortgage loan. In the US, most mortgage transactions require an appraisal, which needs to be performed by a certified appraiser.

Financial crises have played a critical role in shaping the relevant regulations to the appraisal process. The appraisal of a property could be done either in-house or through third-party known as Appraisal Management Company (AMC).

An AMC serves as a co-ordinator between the bank and a panel of independent third-party appraisers, who do the actual appraisal work.

The AMCs are either traditional AMC in which the appraiser visits the property site to assess the value of the property or Digitalized version of AMC known as Automated Valuation Model (AVM).

An AVM can come up with a property value much more quickly, and at much lower cost, than a human appraiser, by applying a valuation model of some sort against various sets of data. The AVMs has their own set of features and shortcomings that may evolve with time. The AVMs are at a niche stage of penetration in the US currently.

Furthermore, The US Real Estate Appraisal Market following points are involved along with a detailed study of each point: –

– The US Real Estate Appraisal Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

– The US Real Estate Appraisal Market competition by Manufacturers (2020-2023)

– Production and Consumption by Regions

– Complete profiling and analysis of Manufacturers (2020-2023)

– Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses

– Industrial Chain, Sourcing Strategy and Downstream Buyers

– Marketing Strategy Analysis, Distributors/Traders

– The US Real Estate Appraisal Market Effect Factors Analysis (2020-2023)

– The US Real Estate Appraisal Market Forecast (2020-2023)

– The US Real Estate Appraisal Market Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

The research includes historic data from 2015 to 2020, and forecast to 2023 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
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irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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