A new report has identified four companies, including two financial institutions, as being the key players in the real estate appraisal market over the next four years.
During the past five years, the nation’s real estate appraisal market has been on a declining trend. Behind the trend are increased regulations.
As a result of the new regulations, a number of real estate appraisers have left the industry and are instead pursuing careers in other fields.
Source: Mortgage Daily