Gnowise’s Post

Recent data from CMHC shows that while cities like Calgary and Edmonton are seeing increased housing starts due to economic growth and affordability, major urban centers like Toronto and Vancouver are experiencing up to 20% declines. Knowing your market is critical in this volatile landscape. OpenPredict uses AI to analyze buyer behaviour and predict market trends, helping home builders make informed decisions that drive growth even in uncertain times. Want to hear how AI can guide your strategy? Schedule a call with us to explore tailored solutions. #StrategicHomebuilding #HomebuildingChallenges #AIForHomeBuilders

People buy from people. Even in a tech-driven world. In the realm of multifamily housing, technology, and AI, there's a fundamental truth we often overlook: the human element. As we delve into the latest trends shaping the industry, from AI to smart living solutions, it's crucial to remember that at the end of the day, residents are seeking connections, not just commodities. Why does this matter? Because in an era where digital interfaces dominate, personal interactions become the differentiator. The smile from a concierge, the friendly maintenance team, and the sense of community among residents cannot be replicated by AI or algorithms. These are the moments that transform a property into a home. Consider this: when residents share their experiences, they talk about the people who made a difference - not the speed of their Wi-Fi or the smart locks on their doors. It's the human touch that turns a satisfied resident into a loyal advocate. So, as we embrace the latest in technology, let's not forget the power of human connection. Let's use tech to enhance, not replace, the personal interactions that truly define the living experience. How are you blending technology with the human element in your properties? Share your stories and strategies below. Let's inspire each other to create not just smart, but heart-smart communities.

From predevelopment and construction to home appraisal and property tax assessments, AI poses opportunities—and challenges—to addressing the housing affordability crisis. Read up on how AI can change the housing landscape ⬇️ https://bit.ly/3V2pbVZ

🏙️ Radical idea to tackle the housing crisis... but it’s not for the faint of heart! 🎮 An AI introduced a solution—limit property ownership to one per player 🤯, drastically reducing prices and increasing happiness. While it’s a virtual experiment, it sparks a real-world debate about how multiple ownership fuels real estate speculation 🤔🏠. Could a similar policy solve our housing issues?💡 #HousingCrisis #AIInnovation #RealEstateDebate #UrbanPlanning 👇 Click here to learn more!

🏡 Exciting News for California Realtors! 🏡 Governor Gavin Newsom has awarded $94 million in infrastructure grants to San Benito County and 14 other California counties, aiming to construct nearly 1,700 homes in populations under 250,000. This funding will transform vacant buildings into housing, promoting infill housing in undeveloped and underutilized sites. It aligns with the state's ambitious goal of creating 2.5 million new homes by 2030. What does this mean for realtors? The boost in development projects offers fresh opportunities for real estate professionals employing AI to stay ahead of market trends. By leveraging AI, realtors can better analyze shifting housing demands, identify undervalued properties, and enhance client interactions. Let's discuss how these developments could reshape the market and the role AI can play in maximizing these opportunities. How are you integrating AI into your business strategy? Share your thoughts and experiences in the comments below. Let's drive innovation in real estate together! #RealEstate #AI #HousingDevelopment #CaliforniaHousing #Innovation

Big News from Wahi! 🏡✨ We’ve just launched Canada’s first AI-powered image search tool for homebuyers! This innovative feature lets you filter property listings by specific features using photos—like “renovated kitchen” or “finished basement”—making your home search faster and smarter. 🏠🔍 A big thanks to EMAN, Head of Data Science and the entire Wahi team for all their efforts. Developed with Western University researchers, this tool uses Generative AI to prioritize listings based on your preferences, transforming the way people find their dream homes. This innovation is just the beginning. At Wahi, we’re always looking for ways to leverage technology to make homebuying faster, easier, and more tailored to individual needs. Read more about our feature right here: https://shorturl.at/g2bJS

🌟 Exciting News in Real Estate! 🌟 Jitty, the innovative AI-powered property search app, has just launched a new filter for "renovation potential," making it easier for homebuyers to uncover value-for-money homes and investment opportunities in any location. With this new feature, house-hunters can filter properties by renovation potential—whether they're looking for a restoration project, a home to flip, or simply a property that needs some love. On the flip side, buyers can also exclude homes that require extensive work and focus on move-in ready options. Backed by Gradient Ventures, Google's AI-focused venture fund, Jitty harnesses advanced LLM (large-language model) technologies and computer vision to analyze floor plans and interpret photos and descriptions of homes. The AI scans images of each listing, assessing their condition and identifying properties that either need major repairs or offer value-adding potential through modernization. When users select the "Renovation Potential" filter, Jitty highlights these promising opportunities. Conversely, the "No Renovation" filter helps exclude significant renovation projects while still showcasing homes that might require minor updates. As Graham Paterson, CEO of Jitty, states: “Our AI now analyzes photos of homes to identify those with renovation potential. We wanted to provide people with a way to find better value homes in any given area, as well as locations where savvy buyers can add the most value.” It's inspiring to see technology transform the home-buying experience! If you're interested in exploring the potential of renovation properties or want to discuss the latest trends in real estate, feel free to reach out. #RealEstate #HomeBuying #AI #PropertySearch #Innovation #InvestmentOpportunities #TheCriscitoTeam #AnthonyCriscito

Earlier this week, U.S. Department of Housing and Urban Development issued timely guidance to protect tenants and homebuyers from discrimination when housing providers, lenders and others use AI tools for housing-related services. The guidance covers responsible use of AI and algorithms in tenant screening services and in online advertising of housing and mortgages. The guidance makes clear that using AI doesn't shield landlords and lenders from their responsibility to provide access to housing and credit fairly and in a nondisriminatory manner under the Fair Housing Act. AI has incredible potential in the housing field (from homebuilding to homebuying), but it must be deployed responsibly and equitably, especially when people's homes and opportunities to build wealth are at stake. This is a first step - please let us know what more we can do to leverage AI responsibly to provide fair and affordable housing opportunities for all. Demetria McCain, Sasha Samberg-Champion, Vinay Singh, Beth Niblock, Tanaya Srini

🌟 At Dwellner, we believe that finding a home is about more than just numbers and data—it’s about finding a place that reflects your dreams and lifestyle. Imagine living in a cozy downtown condo, surrounded by city lights, or retreating to a home by the sea. With Camila, our AI assistant, your search is as unique as you are. Describe your ideal home in any language, share your lifestyle preferences, and Camila will tailor the search to suit your aspirations and financial plan. Ready to find a home that feels like you? Discover Dwellner. 🏡 #HumanDefinesHome #Dwellner #FindYourPlace #AI #PersonalizedSearch

Find out how the U.S. Department of Housing and Urban Development has recommended best practices to prevent discriminatory uses of AI in tenant screening and advertising of housing and housing-related services. https://lnkd.in/gnxdNwEz