RESIDENTIAL & COMMERCIAL SERVICES | Oregon

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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

Oregon is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Oregon serves the residential and commercial real estate industry. Our offices are strategically located throughout Northwest Oregon, 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 Oregon, 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:

Recession Watch: 'Very Concerning' Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
...Adam Crisafulli, founder of Vital Knowledge Media. "Sentiment is palpably horrible." Housing Market Existing home sales fell for the seventh straight month in August as rising interest rates...

How Long Do Recessions Last? When Are They Over?
...adjustable rates. Real estate prices were enjoying an unsustainable rally until the housing market bubble popped. Borrowers stopped paying on the mortgages they couldn’t afford. Because their...

Mortgage rate deals for week ending Sept. 24, 2022: Top offers from lenders
...offers — you can save thousands of dollars by comparison shopping. Compare mortgage rates in your area now. Average clicked on rate for purchase loans The average rate clicked on by Bankrate...

Housing, yen, supply chains vs. the Fed
...bank hikes. Like when interest rates go up, that means mortgage rates rise and the housing market slows. Also, the Japanese yen's slumping meant...

Lender-paid private mortgage insurance (LPMI): Is it a good idea?
...VA home loan guarantees are benefits earned by service members, and VA mortgage rates are often the lowest available. There is no down payment requirement, and you can roll the funding fee into...

On Home Prices, Powell Forecasts A Correction, What Is He Seeing?
...on the conversation bubble to join the conversation Got it! Key Takeaways Home sales are down 20% from a year ago, leading to optimism from those looking to get into the real estate market...

The Economic Outlook For Federal Reserve Policy
...this year to slow spending. These rate hikes have resulted in higher mortgage rates, but general consumer spending remains solid and that’s a problem. The 10 Year Treasury Bond now yields 4%...

Foreclosure starts rose in August
...current status, up from 58,000 in July. Servicers started 20,300 foreclosures in August, up 14.7% from July and 185.9% from one year ago. Foreclosures as a percentage of loans 90 days or more...

What is a cloud on title?
...a cloud on title may make it difficult or impossible to get title insurance, and mortgage lenders usually do not offer financing for a cloudy titled property. As the seller, you may offer a lower...

Sale-to-list ratio: Why it matters
...referral: According to a 2021 study by the National Association of Realtors (NAR), 47 percent of homebuyers found their agents through referrals from family members or friends. Similarly, 68...