RESIDENTIAL & COMMERCIAL SERVICES | Santa Clara & San Benito Counties

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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:

When will the Fed stop raising rates? The time could be coming soon
...especially would-be homebuyers who have been priced out of an already expensive housing market long before officials first started hiking rates at a breakneck pace. The 30-year fixed-rate mortgage...

Jobless Claims Are Up Slightly: How To Build Wealth In An Uncertain Economy
Key takeaways New unemployment data shows unemployment benefits applications have increased for three weeks in a row to hit 198,000 The Fed wants to increase interest rates further, risking a...

Financial And Academic Experts See End To Federal Reserve Interest Rate Hikes, Inflation
...a strong view about what will happen to interest rates. Before [the FDIC took over SVB and Signature Bank], market participants saw better than expected economic data — strong payroll trends...

Markets Look To Close Out A Strong Q1
Key Takeaways Can Stocks Keep Going? Apple, Microsoft And Tesla Leading The Charge PCE Shows Inflation May Be Slowing It has been an interesting quarter for stocks. Since the end of December, the...

The Fate of Student Loan Debt Will Impact Multifamily, Retail, Hospitality
Uncertainty surrounds the Biden relief plan, which faces challenges in court. Students, universities, and...

Economists Say Things Aren’t as Bad as They Expected But That Will Change
More than half of NABE members polled by the organization expect a recession in 2023. The latest economic policy survey of 217 National Association of Business Economics...

High-risk investments to avoid in 2023
While the Standard & Poor’s 500 Index got off to a nice start in 2023, it hasn’t exactly blown away investors since then, especially after a miserable performance in 2022. Many market watchers think...

Mortgage rates fall for the third week in a row
Washington, DC CNN  —  Homebuyers saw another week of falling mortgage rates, with the average rate dropping last week for the third week in a row, according to data from Freddie Mac released...

2023 second-quarter housing trends: Uncertainty prevails
...gurus. Understandably so, given the combination of rising mortgage interest rates, declining home sales and ongoing inventory and affordability issues. But what do April, May and June have in...

Dow Jumps 200 Points As Lack Of ‘Drama’ Spurs Gains
Topline Major stock indexes rose to multi-week highs early Thursday as a lack of news on the nation’s banking sector proved to be good news for investors. Key Facts The Dow Jones Industrial...