An appraiser is looking for the growth, stability, change and decline of an area. the appraiser is dealing with

The correct answer is the neighborhood cycle.

An appraiser refers to an expert who exhibits the knowledge and proficiency essential to predict the value of an asset, or the probability of an incident taking place, and the cost of such an incident. Generally, an appraiser functions autonomously of the selling and buying parties in a transaction in order to reach at the fair value of an asset in the absence of bias.