Zillow Applies AI To Reduce Errors In Its Estimates
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Real Estate Hot Even In The Virtual World
As hot as the current housing market situation, the virtual real estate market has become more attractive than ever. It is a fertile robust market where billions of US dollars have been transacted. Now, let's dive into the details of the virtual world, where you can own real estate, sell art, visit the replica wonders of the world, or even attend events.
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Image Boise, Idaho Being The Hottest Housing Market In The U.S
The housing market in Boise, Idaho, is not only thriving but also exceeding projection. As of the newest updates, the home price is 22% over the national average. The median home price reached $405,000 in March 2021, and Idaho ranks #2 in the U.S. for home-equity gains. Additionally, an average buyer pays over asking price for nine months straight in the Boise Metropolitan Area.
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How High-Tech Applications Are Replacing Traditional Real Estate Practices
Technology offers a bright future to the real estate industry, especially for both selling and leasing activities. However, it is believed that high-tech platforms and applications would replace brokerage staff or traditional agencies. Let’s look at its advantages and disadvantages, then draw your own conclusions whether the replacement will be possible or not.
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