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Should you use AI to buy your next home? We asked Gemini these 4 mortgage questions. Brokers rated the responses. - MarketWatch

1. 39% of home buyers now use AI tools for real estate decisions. 2. Younger generations lead in AI adoption for home buying guidance. 3. AI applications in real estate are rising amid a slow housing market. 4. AI tools help educate buyers but can provide inaccurate information. 5. Mortgage companies are exploring AI to adapt to reduced refinancing activities.

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Why Bullish?

GOOGL's Gemini tool sees increased adoption in a vital market sector, potentially boosting its stock. Historically, tech innovations in significant sectors enhance corporate valuation.

How important is it?

The article highlights AI's growing role in home buying, indicating GOOGL's potential growth area amidst market uncertainty. Increased adoption of Gemini may reflect a broader trend boosting investor confidence.

Why Long Term?

The sustained rise in AI adoption in real estate suggests lasting market influence. Similar long-term trends have benefited tech stocks in the past, like Salesforce.

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