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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:

With these many jobs, do we no longer have to worry about a recession?
New York CNN  —  US recession worries aren’t dead. But they may have passed into a coma at 8:30 am ET on Friday. That’s when the Labor Department released its latest jobs report, which indicated...

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
...Even construction companies added 25,000 jobs, despite the drag on the housing market after the Fed sharply raised interest rates. The only industries showing job losses last month were manufacturing...

How Does Gold Perform With Inflation, Stagflation And Recession?
AT A GLANCE Gold prices soared in the 1970s era of inflation, but the root causes of inflation are different today In six of the last eight recessions, gold outperformed the S&P 500 by 37% on...

The job market held up in May. But the Fed may have already decided to pause
Washington, DC CNN  —  The US labor market picked up momentum in May, once again defying expectations of a slowdown. But Federal Reserve officials are still likely to suspend rate hikes in their...

Nasdaq, S&P 500 Set 2023 Highs
Topline The tech-heavy Nasdaq hit a 14-month high Friday, largely driven by massive gains from a handful of the widely tracked tech index’s largest companies, while the Dow Jones Industrial Average...

Crypto during a recession: Here’s what to expect
Bitcoin and other cryptocurrencies have been on a roller coaster ride over the last 18 months, starting in late 2021, when the Federal Reserve announced that it would aggressively raise interest...

Strong Employment, Inflation Means Fed Has To Keep Hiking Interest Rates In 2023
The shows continued growth in the economy, with no deceleration. Wage inflation has slowed relative to its peak in 2022, but the latest monthly data show it continuing well in excess of reasonable...

May 2023 Jobs Report Signals A Weaker Economy For New Graduates
The May 2023 jobs report may give the Federal Reserve another reason to pause on interest rate hikes and another reason new graduates should not burst into the interview room asking for a big raise...

Bear Market Guide: The Different Phases And How To Invest During One
If the prevailing economic outlook for the U.S. is accurate, we're headed for a recession later this year. And, unfortunately for investors everywhere, recessions can be problematic for the stock...

Today’s Jobs Report Signals A Weaker Economy
Today’s jobs report may give the Fed another reason to pause on interest rate hikes and another reason new graduates should not burst into the interview room asking for a big raise and remote...