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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

Chicago is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams, Chicago Title Metro. Chicago Title Metro serves the residential and commercial real estate industry in the Chicago Metro area with 31 offices.

Our team 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 Northern Illinois, 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 FNF Newsdesk:

Gen Z and homebuying
Generation Z is quickly superseding millennials as the next crop of consumers. Born between 1997 and 2012, this group is beginning to hit the marker that makes them old enough to vote, go to college...

All the recession warning signs this week
New York (CNN)It's the question everyone is asking: Are we about to enter a recession? A tepid stock market, soaring inflation, and rising interest rates have left Americans less than optimistic...

The Economy Is Scary. Here's What We Can Gather From History
We handpick the products and services we write about. If you buy through our links, we may get a commission. Reviews ethics statement Farnoosh Torabi Editor at Large Farnoosh Torabi is...

3 Possible Solutions To Housing Booms And Busts
pm EDT| Changes in demand caused by the pandemic were, of course, a big part of the house price boom but two years of falling mortgage rates was the main reason house prices skyrocketed in 2020 and...

Do bargains still exist in today's housing market?
There's a reason so many home buyers have been frustrated with the housing market lately. Home prices are through the roof, and there's no indication they're about to come down.  In March, home...

Mortgage and real estate news this week: Who can still refinance? Plus ways to pay for cars or home improvements
As the mortgage market responds to the Fed’s rate hike last week, now is not a good time for most borrowers to refinance. However, a small pool of homeowners with mortgages from prior to 2008 might...

Mortgage rate deals for week ending June 25, 2022: Top offers from lenders
The average rate for mortgage offers clicked on by Bankrate readers Thursday was 4.61 percent, a retreat of 13 basis points from last week. Mortgage rates are trending higher overall, so it remains...

Are rising interest rates giving you grief while you wait for your home to be built?
If you put down a deposit for a home that's not built yet, NPR wants to hear from you. Many people waiting for their homes to be finished are in a bind. Higher mortgage rates are often making those...

5 reasons home sales fall through and how to prevent it
Real estate transactions can fall apart for many reasons. Fortunately, a very small amount of home purchase contracts actually end up terminated — just 6 percent as of March 2022, according to the...

A double whammy for consumers: Home and auto insurance rates are set to jump in tandem
More bad news is ahead for consumers already struggling with 40-year high inflation. Both homeowners and auto insurance rates are expected to rise sharply. Even bundlers aren't expected to get much...