AI's Role in Real Estate and Why Salt Lake City is the Next Big Thing
Your Future Home hosts Baker Machado and Hope King talk Macy's big real estate move, robots taking over open houses and the millennial housing boom.
A new crop of companies are introducing A.I. technology they say will upend how properties are bought and sold. However, while traditional brokerages see value in technology, they don't see robots or artificial intelligence replacing human agents or reducing their earning power.
Plus, according to a new report by Realtor.com, Salt Lake City's housing market is gaining in popularity. Javier Vivas, Director of Economic Research for Realtor.com, joins Your Future Home to discuss some of the reasons millennials are flocking to Utah.
Burger King is closing two dozens locations in the Detroit area and laying off 424 employees as it plans to permanently cease operations in Michigan. The Texas-based burger chain blamed "unforeseen business circumstances." The closures started on March 17 and are expected to be finished by April 15.
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