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.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
