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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:

What is the federal funds rate? How the Fed controls interest rates, explained
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A New Era Of Higher Interest Rates
pm EDT There is more evidence every passing day that the U.S. is undergoing a secular change towards higher average interest rates. For almost fifteen years investors, business leaders, governments,...

A 2024 Report Reveals Small Business Marketing Challenges
pm EDT By Rieva Lesonsky Despite an improving economy and record-setting consumer spending (The CNBC/NRF Retail Monitor shows total retail sales in the first quarter up 2.65% over 2023’s...

Wages, employment and inflation are up, causing headaches for the Fed
The Federal Reserve has promised to be "data driven" in deciding when to cut interest rates. But some of the recent economic data has the central bank driving in circles. Economic growth is slowing....

A Conversation With The White House National Economic Council Director
pm EDT This week is National Small Business Week, a more than 60-year-old series of events recognizing the critical contributions of America’s entrepreneurs and small business owners. This year’s...

Hotel Investment Sales Post Quarterly Decline
While the U.S. economy continues to expand and is currently a major driver of global growth, inflation has recently ticked up after falling considerably from a peak of 9.1% nearly two years ago. ...

Women In Trade: Why Exporting Makes Your Business Stronger
am EDT “I think our Secretary of State said it best, economic security is national security,” Judith Pryor, Vice Chair and First Vice President of the Export Import Bank of the U.S. (EXIM Bank) said...

Economic News Drives Up the 10-Year Yield With 5% in Sight
A recent series of economic reports have dampened the chance of immediate Federal Reserve rate cuts. As a result, the yield of the 10-year Treasury has shifted...

Mortgages Move Up for Homeseekers: Mortgage Interest Rates Today for April 29, 2024
Today’s average mortgage rates Mortgage Refinance Today’s average mortgage rates on Apr. 29, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders...

May Fed meeting preview: Are rate cuts canceled or just delayed? Watch for these 3 key themes as inflation stays hot
Key takeaways Federal Reserve officials may be starting to rethink just how much they'll be able to cut interest rates in 2024, as inflation stays stubbornly above their 2 percent goalpost. Even...