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Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back


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SEATTLE, May 19, 2021 /PRNewswire/  (NASDAQ: RDFN) U.S. home purchases by investors rose 2.7% year over year in the first quarter, marking the first period of growth since the coronavirus pandemic began, according to a new
www.redfin.com), the technology-powered real estate brokerage. That follows three consecutive quarters of declines, during which investor purchases slumped by as much as 45.5%.
Redfin defines an investor as any institution or business that purchases residential real estate.
Investors bought about 1 of every 7 U.S. homes (14.9%) in the first quarter a rebound from the prior three quarters, during which they bought closer to 1 in 10 homes. Investor market share is now just shy of the 16.1% level it hit in the first quarter of 2020, when the pandemic had barely begun. ....

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Global AI Governance Markets, 2021-2026: Rise in Need for Building Trust in AI Systems and Growth in Demand for Transparency in AI Decisions


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ResearchAndMarkets.com s offering.
The global AI governance market to grow from USD 50 million in 2020 to USD 1,016 million by 2026, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period.
Various factors such as increase in government initiatives to leverage the AI technology, rise in need for building trust in AI systems and growth in demand for transparency in AI decisions, and growth in regulatory compliances around the technology are expected to drive the adoption of the AI governance solutions and services.
Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic situation has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. ....

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