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Wire Fraud Alert

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CAUTION: IMPORTANT WIRE FRAUD ALERT FOR HOME BUYERS

Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe



Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends

Santa Clara County California is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Santa Clara serves the residential and commercial real estate industry. Our offices are strategically located throughout Santa Clara County, and includes teams that live and work in the area.
 
Our team of professionals works in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and attorneys that work alongside them. In addition to our commitment to the residents of Santa Clara County, we provide commercial services to investors who help keep our economy strong.
 
Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk.
 


The Latest Articles From the Newsdesk:

Mortgage Rates Surge for Third Straight Week. Today's Mortgage Rates, Oct. 22, 2024
Mortgage rates began falling late this summer as worrying economic indicators (rising unemployment) led investors to believe the Federal Reserve would begin cutting rates. Leading up to the Fed...

How The Fed Rate Cut Will Impact Consumer Debt And Spending This Holiday Season
...rates, consumers may feel more confident about making purchases. 2. More Affordable Mortgage Rates Another area where consumers may see benefits is in mortgage rates. A rate cut tends to lead...

Federal Reserve President Jeffrey Schmid wants cautious, gradual, deliberate rate cuts
Ann Saphir Oct 21 (Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is...

How The Stock Market Performs After Federal Reserve Rate Cuts
Last month, the Federal Reserve cut the federal funds rate by 0.5% and that’s usually spelled good news for stocks. Data from the past 40 years shows that, after a rate cut, the S&P 500 has usually...

Builder Confidence Rises, Affordability Challenges Remain
...positive economic indicators including gradually easing inflation and anticipation of moderating mortgage rates. Challenging affordability conditions remain, however. According...

The Economy: No Recession Yet, But A Definite Slowing
...adjusted for inflation) haven’t grown. Industrial Production has been flat. Existing Home Sales are not growing, and new home sales are down from a year earlier. In addition, business investment...