The US Real Estate Appraisal Market with Covid-19 Impact, Size, Share, Key Players, Demands and Forecasts to 2025

"The US Real Estate Appraisal Market: Size and Forecasts with Impact Analysis of Covid-19 (2021-2025 Edition)" report provides an in-depth analysis of the US appraisal market by a number of licenses held, a number of active appraisers, by primary occupation, by value, etc. The sudden outbreak of the covid -19 pandemic has affected many industries around the globe. The impact of the pandemic on the US real estate appraisal market has dampened both nonresidential and residential construction markets. Consequently, demand for industry services is witnessing decline in 2020. The market is expected to showcase recovery from 2021 owing to full-scale resumption of economies which would reinvigorate aforementioned construction markets.

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The prominent players operating in the US real estate appraisal market are CoreLogic, Inc., Real Matters, Inc. Wells Fargo & Company, JP Morgan Chase & Co. In addition, The competition in the US Real Estate Appraisal Market is very fragmented, with several local and regional players procuring major share of the market.

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 a third party known as Appraisal Management Company (AMC).

An AMC serves as a coordinator between the bank and a panel of independent third-party appraisers, which perform 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 Digitized version of AMC known as Automated Valuation Model (AVM).

Research Coverage:

The report provides market sizing and forecasts across five major regions It helps organization leaders make better decisions when currency exchange data is readily available. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of the government.

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The US real estate appraisal market report provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

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