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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

The Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Chicago Title Sacramento, one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Sacramento serves the residential real estate industry in California. Our offices are strategically located throughout Sacramento, and includes teams that live and work in 12 offices located in: Folsom, Citrus Heights, Concord, El Dorado Hills, Elk Grove, Roseville, Rancho Cordova, and Sacramento. Our California-based professionals work 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.

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 FNF Newsdesk:

The Housing Shortage Is Worse Than Ever—And Will Take A Decade Of Record Construction To Fix, New Reports Say
Topline Low supply and high demand will continue to frustrate aspiring homeowners, according to a pair of new reports and data released Wednesday, throwing cold water on short-term positives like...

Intense housing market conditions relax (a bit) in May
As recent indicators hinted at a cooling marketplace , it appears at least one segment of housing reached an inflection point in May. Inventory of for-sale homes grew 3.9% from April, marking the...

5 things you need to know about inflation, increasing prices and interest rates
Amidst surging prices and expected rate hikes, are we experiencing a short-term response to pandemic recovery -- or something more serious? Whether it's milk at the grocery store, airplane...

Lumber Prices Are Dropping Fast
Lumber prices are falling quickly from record highs, and that may be happening at the right time for the new-home market. Home builder sentiment sank to its lowest level since August 2020, with...

Time to Act: ‘The State of America’s Housing Stock Is Dire’
A “once in a generation” response is needed to address the decades of underinvestment and underbuilding in the housing market, according to a report released on Wednesday by the National Association...

Change Of Tone: Fed’s More Hawkish Views On Inflation, Future Rates, Bring Pressure On Stocks
Key Takeaways: Fed’s more hawkish tone puts pressure on major stock indices Bond yields, dollar move higher after Fed raises inflation projection Analysts say first rate hike now more likely in...

Fannie Mae makes sizeable cuts to purchase mortgage estimates
Fannie Mae significantly reduced its second and third quarter home sales estimates as supply-side factors — such as the low number of listings for existing residences and limits on new construction —...

Is The 20% Mortgage Home Down Payment Dead In 2021?
Housing markets across the United States are on fire; skyrocketing values may be the death of the 20% down payment. Especially for first-time home buyers, the challenge of coming up with a 20%...

Federal Reserve Meeting: Get Ready For More Inflation
Although the Federal Reserve remains committed to its inflationary course, members indicated they would probably snug up their stimulus sometime in 2023. They had previously predicted massive...

Home buyers are paying $1 million over asking price to get a house
What do homebuyers have to do to get a house in this cutthroat real estate market? Offer sellers a Caribbean vacation? Bid $1 million over the asking price? Pay a competing bidder hundreds of...