From SmartCities Dive:
How AI is impacting homebuying
Artificial intelligence has infiltrated seemingly all aspects of digital activity, including homebuying.
Nearly all homebuyers use online platforms, according to a 2021 study by the U.S. Government Accountability Office. Since then, more of those platforms are using AI.
A recent GAO study revealed the potential benefits and pitfalls of incorporating AI into the homebuying process. Here are seven takeaways.
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AI underwriting systems can speed up document review and income and employment verification by scanning large volumes of loan files, according to the report. “This can reduce the time needed to assess borrower credit risk,” GAO stated.
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Automated underwriting systems may also improve default risk predictions by identifying patterns not captured in traditional underwriting, incorporating more data to help determine a borrower’s ability to pay, according to GAO. “This may expand credit access for homebuyers with multiple or inconsistent income streams, such as gig workers, whose income can be difficult to assess,”GAO stated.
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Studies have shown the existence of racial bias in traditional home appraisals. By not considering the race of a home buyer or seller, AI models have the potential to reduce that bias — or perpetuate it. “While automated valuation models do not take into account the race of participants in individual transactions, they may perpetuate valuation disparities by continuing to undervalue properties in historically undervalued communities,” GAO said. The study emphasized the importance of reviewing AI models for potential bias and implementing guardrails.
The study also concluded online platforms’ use of some AI models could violate fair housing laws by discriminating against certain users. “For example, if search algorithms and chatbots are not trained to recognize problematic search terms — such as references to protected class characteristics like race, national origin, disability, or religion — they may generate search results that illegally ‘steer’ consumers to certain listings,” GAO stated.
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The use of AI in online real estate platforms can distort housing prices, according to GAO. The agency reviewed one study that found Zillow’s valuation tool affected listing and sales prices “in several U.S. cities,” driving higher listing prices and property valuations in affected areas.
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Aside from the Federal Housing Finance Agency, federal oversight “generally has not focused specifically” on property technology products, according to GAO. Additionally, FHFA this year began waiving components of its fair lending rule and rescinding related guidance, GAO stated. GAO recommended FHFA provide updated written direction to online platforms clarifying how they should comply with fair lending requirements and how that compliance will be supervised.
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Super excited to get a little recognition in Whiskey Advocate – https://whiskyadvocate.com/Holiday-Pop-Up-Bars-at-Whiskey-Distilleries
Grim,
I tried your link but got the following message:
Sorry, this campaign is not available in your location.
Wonderful, Grim! When is the get-together scheduled to celebrate? :)
AI is in its infancy as to where it can go. We can’t even speculate because it’s forever changing in a blink of an eye.
Technology and advancements are going to explode. Think about it, we were nothing more than a farming existence for thousands of years. In the last 100 years, advancements have been exponential. The next TEN years will resemble the pace of the previous one hundred years. Those with an investment foothold now are going to benefit substantially.
Thank God we have Trump as president who is hell bent on beating China and anyone else in the tech race.
Ten 413. Rejected 420 level pretty decisively.
“Europe isn’t western enough, so let us embrace Russia and Saudi Arabia”
– maga
Nice touch with the Lamp…
Pics of Grim’s Christmas Decorations.
https://resy.com/cities/clifton-nj/venues/silk-city-distillers?date=2025-12-11&seats=2
VSG- Again. .your blatant lying is getting tiresome.
Need I remind you again which President sanctioned Saudi Arabians for the murder of Khashoggi and which President flew there to fist bumped the Saudi Prince?
https://www.youtube.com/watch?v=YPg5bji4aKs
Juice: From yesterday and the Amazon. I thought the outcry was over harvesting of lumber, did not think of farming.
As per WSJ article, China has the largest power grid in the world now , produce cheap electricity, and dominate AI. Meanwhile, we fight over stupid crap .
Meanwhile, we fight over stupid crap .
They’re kidnapping little brown children off the streets!!
Juice,
The mike is yours.
Have at it.
My man gets it! The few.
Does CHI get it? Here is a clue….Greatest investment opportunity window in the history of man.
Fast Eddie says:
December 11, 2025 at 8:03 am
AI is in its infancy as to where it can go. We can’t even speculate because it’s forever changing in a blink of an eye.
Technology and advancements are going to explode. Think about it, we were nothing more than a farming existence for thousands of years. In the last 100 years, advancements have been exponential. The next TEN years will resemble the pace of the previous one hundred years. Those with an investment foothold now are going to benefit substantially.
Thank God we have Trump as president who is hell bent on beating China and anyone else in the tech race.
You either invest hard now, or get left in the dust to the UBI class.
Grim, nice! Congrats.
This is good for a competitive economy like USA. We will win this race.
Remember, China went into massive debt to build out its overcapacity. That could bite them in the ass if they overproduce what can’t be used; whether that be electricity or electric cars.
America is still positioned to win this…
3b says:
December 11, 2025 at 9:23 am
As per WSJ article, China has the largest power grid in the world now , produce cheap electricity, and dominate AI. Meanwhile, we fight over stupid crap
Grim :Congrats. All the best going forward.
3b – China well they found a use for that electricity. Lots of black-market Bitcoin mining going on in China now even with the 2021 ban still being enforced. The local cops there are turning their backs when they hear about it for a fee of course.
It’s quite comical our local Bitcoin pumper Pumpkin has no idea what it takes to keep the bitcoin Ponzi going. Right now there are mining rigs is in the millions running. These specialized computers only have one function, which is to separate the mark (Pumpkin) from his hard earned US Dollars. These now millions of computers consume approximately 240 Terawatt-hours (TWh) annually of electricity. They do nothing but play a high-speed guessing game designed to “guess” a specific cryptographic 64-character string of letters and numbers.
BTW – 240 Terawatt-hours (TWh) annually of electricity that is about how much electricity it takes to run the entire country of Poland for a year.
Riddle me this what happens when the music stops? And it will stop, as it’s the most expensive Ponzi in the history of mankind and it does not run on Bitcoin. Those electric bills are paid in Yuan, Dollars, Euros and Pesos…No Bitcoin is accepted for payment for those massive electric bills.
Oh no, AI, like smart humans, may incorporate factual data to increase their odds of making better financial decisions.
“Trust the science”
“Unless we find the data ‘problematic’ “
Grim,
Did you guys pick that lamp up from Ghost Hawk’s curb on trash day? Could have sworn I saw it there.
Grim continuing to build his empire!! Kudos
Juice: I don t know much about Bitcoin, and from what I do know, it seems like a scam, so have not paid any real attention to it.
Shiny metals blasting off to the moon.
WTF?
Juice: the best thing about China electricity is that they are building coal fired plants everywhere? Why? Because coal is cheapest. They have to import oil, but they don’t have to import coal. So it makes strategic sense to build coal plants everywhere and have electric cars. The fact that there’s so much pollution that you can’t see across the street is irrelevant. That’s why the whole climate change philosophy is ridiculous. We can bend ourselves into a pretzel here, but China is gonna completely override anything we do exponentially. So all we do is degrade our ability to function while they laugh in our face.
We shouldn’t be working on green energy, we should be working on carbon capture
VAG,
Where DOW at?
The US Mint has a draft design of the proposed Trump $1 coin. If this really happens I‘ll buy a few as an investment. I think that once Trump is out of office the chances of his image being on a US coin will be about zero. Democrats are trying to stop the proposed coin from being made. The best investment potential would be a gold coin of course.
Chi – re: China “don’t have to import coal”
As the Australians who sell them coal would say “Yeah nah”… China’s total imports accounted for a record 41% of global coal imports in 2024. A new record 542 million metric tons in 2024 of imported coal.
GOLD is up! Yeah baby!!!
Goldpreis
4.276,85 USD +48,19 USD +1,14 % 18:46
3.638,32 EUR +21,54 EUR +0,60 % 18:46
Chad just more stupid shit from our Politicians arguing about who should be responsible for mopping the floors when the shop is getting robbed blind. There are loads of coins already in Bronze and Silver.
https://www.usmint.gov/presidential-coins-medals/?srsltid=AfmBOort9Kb1GZm6-oIRPB_bzilzeTwwlGwNcuAyj6Z7gWlR-KhxMSEa
Juice Box,
The difference is the Trump $1 coin would be legal tender.
Chad – right now it’s another commemorative coin for the 250th anniversary.
These Senators are just being triggerd…
Juice Box,
Commemorative is ok, as long as it isn’t a medallion. I have four or five examples of the last German Deutschmark that were made in gold. A great coin!
Dark,
Lilly’s retatrutide posted some insane weight loss data. Do you think at some point the mass use of GLPs has some type of Vioxx moment? These things seem like they could be the holy grail for america’s obesity epidemic.
What Lilly posted earlier:
https://investor.lilly.com/news-releases/news-release-details/lillys-triple-agonist-retatrutide-delivered-weight-loss-average
12:37 looks like an AI bubble is bursting numbnuts.
Anheuser Busch is closing its Newark brewery after 75 years.
I just don’t see it. Everyone and their mother thinks it is, and we all know how that usually works out. They simply do not understand what is happening.
Ex says:
December 11, 2025 at 3:14 pm
12:37 looks like an AI bubble is bursting numbnuts.
Pumps.
Were you around during the tech bubble?
Hey VAG,
Where DOW at!!!
China went into massive debt you say? I know of another country that went into massive debt, not to build roads bridges or power plants….just to drop bombs in the desert.
re: ” They simply do not understand what is happening.”
You do? Ha!
Let me know when you sell Granny’s rental and buy Bitcoin.
2:57 I like being chubby. I haven’t seen my Weiner in years.
This just in:
A newly released AP–NORC survey shows just 31 percent of Americans approve of Trump’s handling of the economy — a two-point drop from last month and a dramatic nine-point decline since March. The number marks the lowest economic approval rating recorded in either of Trump’s presidential terms.
Anheuser Busch is closing its Newark brewery after 75 years.
Woowwwwwwww
They saw Silk City and ran for the hills…..
grim says:
December 11, 2025 at 7:02 pm
Anheuser Busch is closing its Newark brewery after 75 years.
Woowwwwwwww
Another Amazon warehouse and another Data center.
Really who drinks Bud?
Bullish.
“BREAKING: President Trump is preparing to introduce large tax breaks for corporations.
The tax guidance, which could come as early as next week, will allow companies to take full advantage of R&D tax breaks.
Under Trump’s new tax bill, corporations can claim retroactive R&D deductions set to be worth $67 billion.”
Anheuser Busch is closing its Newark brewery after 75 years.
Another DEI success story.
Interesting take.
“Because the quantity of liquidity is not the problem, but its flexibility – it can’t reach places in time since those who move it (money dealers) see more risk in liquidity that comes from government printing (”bad” money) rather than “organic” investor money (”good” money), and so they demand more collateral. Prime collateral is US government bonds, but yields erode them, and much “good” money leaves the system to go to commodities.
This means that areas of the system that require liquidity might not get it in time, even if they have it elsewhere that is not immediately accessible. So if a company is heavily indebted and needs liquidity, it might not get there in time to avoid bankruptcy.
This resembles a heart attack.
For more details:
@RayDalio: The liquidity heart attack metaphor, debt cycles, and much more.
@crossbordercap: Liquidity, “good” money, “bad” money, the importance of collateral, money dealers, and much more.”
One thing is for sure:
They need to keep capital cheap and accessible to fuel this investment through 2030. It’s an absolute insane amount. There is no way they can fuel it without easing and providing liquidity. No way, no how. If they don’t, it will be a massive liquidity crunch where vc’s go dry.
I don’t make the rules…
Grim.
You need a “Red Nerf Rider” Target range.
https://www.amazon.com/Targets-Electronic-Scoring-Digital-Shooting/dp/B07Z8RFVVX/ref=asc_df_B07Z8RFVVX?th=1
The Great Pumpkin says:
December 11, 2025 at 9:43 pm
This resembles a heart attack.
https://m.youtube.com/watch?v=IN4_OSt0plY&list=RDIN4_OSt0plY&start_radio=1&pp=ygUfaGVhcnQgYXR0YWNrIG9saXZpYSBuZXd0b24gam9obqAHAQ%3D%3D
Budweiser has been owned by the Belgiums for quite some time.
AB InBev was formed in 2008, with Belgian-Brazilian brewing company InBev’s acquisition of the American company Anheuser-Busch. Anheuser-Busch InBev SA/NV is a publicly listed company, with its primary listing on the Euronext Brussels. It has secondary listings on Mexico City Stock Exchange, Johannesburg Stock Exchange, and New York Stock Exchange. AB InBev has offices in New York City, alongside regional headquarters in São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg, and others. It has approximately 630 beer brands in 150 countries.