openPR Logo
Press release

The US Real Estate Market: Size, Trends & Forecasts - CoreLogic, Real Matters, Wells Fargo & Company And JP Morgan Chase & Co

08-14-2017 02:34 PM CET | Industry, Real Estate & Construction

Press release from: US Real Estate

The US Real Estate Market: Size, Trends & Forecasts - CoreLogic,

Albany, New York, August 14, 2017 : Recent research and the current scenario as well as future market potential of " US Real Estate Industry : Market Overview, Size, Share and Trends 2017 " globally.

The report titled The US Real Estate Market: Size, Trends & Forecasts (2017-2021) provides an in-depth analysis of the US appraisal market by value, by volume, by segments, by number of AMCs, appraisers tenure, etc. The report also gives an insight of the Canada addressable appraisal market opportunity.

Get PDF for more Professional and Technical insights @ http://www.researchmoz.us/enquiry.php?type=S&repid=1293482

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.

Company Coverage

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

Executive Summary

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.

The US Real Estate Appraisal market has been on a declining trend since 2012; 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.

Make an Enquiry about TOC @ http://www.researchmoz.us/enquiry.php?type=E&repid=1293482

The US Real Estate Appraisal Market is further expected to depict a downward trend from 2017-2021 due to significant 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 scenario, poor working relations of AMCs with the appraisers, fragmented market share of mortgage lenders, etc.

Table Of Contents

1. Executive Summary

2. Introduction

2.1 Mortgage Industry: An Overview
2.1.1 History of Mortgages
2.1.2 Mortgage Lending Process

2.2 Appraisal Market: An Overview
2.2.1 The Rise of Appraisal Market
2.2.2 Appraisal Market by Mode of Appraisal

2.3 AMCs: An Overview
2.3.1 Comparison of AMCs
2.3.2 Type of AMCs
2.3.3 Type of AMCs: A Comparison
2.3.4 Features of Digitalized AMC (AVM)
2.3.5 Shortcoming of Digitalized AMC (AVM)
2.3.6 Digital Management of End-to-End Appraisal Process

3. The US Market Analysis

3.1 The US Mortgage Origination Market: An Analysis
3.1.1 The US Mortgage Origination Market by Value

3.2 The US Appraisal Market: An Analysis
3.2.1 The US Appraisal Market by Value
3.2.2 The US Appraisal Market by Volume
3.2.3 The US Appraisal Market Volume by Segments
3.2.4 The US Appraisal Market by Number of Active Appraisers
3.2.5 The US Appraisal Market by Active Appraisers Tenure

3.3 The US AMC Appraisal Market: An Analysis
3.3.1 The US AMC Appraisal Market by Value
3.3.2 The US AMC Appraisal Market by Number of AMCs
3.3.3 The US AMC Appraisal Market by Lender Size

3.4 Canada Addressable Appraisal Market Opportunity

Browse Report @ http://www.researchmoz.us/the-us-real-estate-market-size-trends-and-forecasts-2017-2021-report.html

4. Market Dynamics

4.1 Growth Drivers
4.1.1 Increasing Penetration in the Less Mature Regions
4.1.2 Increased Dependence on AMCs for Appraisal
4.1.3 Rising Technology Penetration in the Appraisal Industry

4.2 Challenges
4.2.1 Obstacles in the Appraisal Industry
4.2.2 Significant barriers to entry.
4.2.3 Shrinking Supply of Appraisers
4.2.4 Restricted Demand for Appraisers Based on the Region
4.2.5 Low Technology Penetration in the Industry

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on : https://marketinfo247.wordpress.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The US Real Estate Market: Size, Trends & Forecasts - CoreLogic, Real Matters, Wells Fargo & Company And JP Morgan Chase & Co here

News-ID: 667688 • Views:

More Releases for Appraisal

Performance Appraisal and Management Software Market
The rise in need of a simplified, effective, and unbiased performance appraisal system and the process by the organizations majorly drives the performance appraisal and management software market. However, privacy and security of the data related to the employees are prime concerns in the adoption of the software. Further, the need for the replacement of the old and traditional systems makes way for growth opportunities for the market. Download Sample Report
First Choice Appraisal Management Continues Western Expansion
PORTLAND, OR – First Choice Appraisal Management (FCAM), an industry-leading provider of compliant managed appraisal solutions for mortgage lenders in the western United States, announced its relocation to a new corporate headquarters on the Lincoln Center office campus in southwest Portland. The company opened its SW Division offices in Phoenix, AZ in 2020 and continues to grow rapidly. The First Choice business philosophy is to act as a
Performance Appraisal Software Market: Getting Back To Growth
AMA Research added a comprehensive research document of 200+ pages on 'Performance Appraisal Software' market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are: Oracle Corporation (United States),
US Real Estate Appraisal Market Analysis 2021
The US Real Estate Appraisal Market: Size, Trends & Forecasts (2017-2021) (http://www.marketreportsonline.com/647352.html) market research report available in US $ 800 only at marketrepotrsonline.com The latest report titled “The US Real Estate Appraisal Market: Size, Trends & Forecasts (2017-2021)” provides an in-depth analysis of the US appraisal market by value, by volume, by segments, by number of AMCs, appraisers tenure, etc. The report also gives an insight of the Canada addressable
Global Performance Appraisal Software Market 2018-2022
Performance appraisal software have pre-defined programs that centralize processes such as monitoring compensation strategy; providing employee satisfaction; monitoring compensation levels, bonus payments, and awards; monitoring and analyzing compensation data; addressing employee queries about benefits; and streamlining processes to eliminate manual and ad hoc processes. Publisher's analysts forecast the global performance appraisal software market to grow at a CAGR of 8.42% during the period 2018-2022. Covered in this Report The report covers the
Local Appraisal Fair Yields Bugatti Bronze Treasure
A magnificent bronze elephant, 10.8" h. x 15" w. x 4.8" d, walked into a local appraisal fair where a representative of Burchard Galleries was working. The gentleman had no idea of the importance or value but a Burchard representative certainly did. As told, the piece was gifted from several wealthy ladies who were world travelers, to their caretaker over 45 years ago then to his nephew approximately