Good Morning! Today is Monday, March 25. Boeing CEO Dave Calhoun will step down at the end of the year. Russia charged four men from Tajikistan with terrorism after at least 137 people were killed in an attack at a concert hall. ISIS claimed responsibility. Concerns about Pope Francis’s health are spreading after he skipped his Palm Sunday homily.
The Mortgage Note Reports
Blinded By Lifestyle: Americans are aware of climate risks and the high cost of homeowners insurance, but keep moving to Florida anyway. What gives?
Surprising Results: New home sales declined in February as existing sales surged, suggesting buyers still prefer affordable, older stock over new when it becomes available.
Crowdfunding Campaign: The CEO of a real estate technology company that helps homeowners buy a new house before they sell theirs says an equity crowdfunding campaign they launched last month has been well received.
In other mortgage and housing news…
Too Optimistic?: Housing market data suggests the most optimistic buyers during the pandemic are more likely to stop paying their mortgages.
Opinion: The NAR settlement is a “big step towards a fairer housing market,” Peter Coy argues in the New York Times.
Company News: First American Title Insurance enhanced its commercial real estate closing transaction solution.
Later In Life: Are reverse mortgages the most underutilized retirement tool?
Ditching The U.S. Market: This couple was priced out of Seattle’s housing market, so they bought a farmhouse in Japan for $30K instead.