The US real estate appraisal market was valued at US$8.89 billion in 2022 and is expected to be worth US$11.41 billion in 2028. Real estate appraisal is the process of determining the value of a property. It is typically performed by licensed or certified professionals, known as appraisers. They use a variety of methods to estimate the value of a property, including analyzing location, size, condition, and recent sales of similar properties. The US real estate appraisal market is a vital component of the US real estate industry, providing important information to a wide range of stakeholders, including buyers, sellers, lenders, investors, and government agencies. The market is primarily composed of independent appraisal firms and individual appraisers, who are licensed and regulated at the state level.

In recent years, the real estate appraisal market has seen major changes as technology has become increasingly crucial in the appraisal process. Today, a lot of appraisers gather and evaluate information about properties using digital tools like aerial imaging, 3D modelling, and data analytics, which enables them to finish valuations more rapidly and precisely. The market is expected to grow at a CAGR of 4.24% over the projected period of 2023-2028.

Scope of the Report:

The report titled “The US Real Estate Appraisal Market: Analysis By Number of Active Appraisers, By Licensed and Certified Appraisers, By Home Sales per Active Appraiser, By Employment Status, By Time in Profession, By Primary Occupation, By Organization, Size and Trends with Impact of COVID-19 and Forecast up to 2028”, includes:

-- An in-depth analysis of the US real estate appraisal market by value, by number of active appraisers, by licensed and certified appraisers, by home sales per active appraiser, by employment status, by time in profession, by primary occupation, by organization, etc.

-- Provides an analysis of the COVID-19 impact on the US real estate appraisal market.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the US real estate appraisal market has also been forecasted for the period 2023-2028, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of the US real estate appraisal market to improve the market status.

-- Identification of new technological developments, R&D activities, and type launches occuring in the US real estate appraisal market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.

For further details, kindly visit :

https://www.daedal-research.com/financial-services/the-us-real-estate-appraisal-market-size-and-trends-with-impact-of-covid-19-and-forecast-up-to-2028

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