– The median household income for home buyers has risen from $88,000 last year to $107,000 this year, as per the National Association of Realtors.
– The total number of homes for sale in the U.S. has dropped to a record low and seems unlikely to increase anytime soon.

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In my witty and wisecracking voice, let me drop the ‘for sale’ sign on this topic. So, apparently, we need to earn more moolah – about $107,000, up from $88,000 last year, to be exact – to buy a house these days. Alas, the American Dream of owning a home becomes a little more illusive, or should I say ‘more exclusive’? On the other hand, if you’re in the ‘selling mode’, the U.S. housing market is turning into a barren land, fast! We are hitting record lows of properties up for grabs and there doesn’t seem to be a ‘sale bonanza’ in the horizon.

One has to wonder, in an age of artificial intelligence, is there an AI bot we can unleash to find, fix and flip properties? Or perhaps, a machine learning model predicting property prices, helping us nullify this ominous trend? Who knows, with a pinch of AI and a dash of ingenuity, we might just turn this property predicament around! “‘”);

Original article: https://techcrunch.com/2023/12/27/botbuilt-wants-to-lower-the-cost-of-homebuilding-with-robots/