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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:

How much does it cost to buy a house?
When you come across a favorable mortgage offer, you may think, “Great! I can afford my dream home.” You may be able to, but the costs associated with buying a home go beyond the mortgage payment. To...

The Cost Of Purchasing A Home In The U.S. Increased 55% Last Year. But It’s Still A Great Time To Buy A House For These Five Reasons
pm EDT| I’ve always been all-in on homeownership. Yet, for the first time in two decades since the beginning of the pandemic, I haven’t owned a home. All of which got me thinking: The National...

Historic Housing Shortage Shows Signs Of Letting Up As Sales Decline
pm EDT| The housing market turned a corner in April as the inventory crunch showed signs of easing, according to a new report from Redfin, a technology-powered real estate brokerage. The 9%...

ARMs Can Help You Save, But Carry Risks
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. May 24, 2022 The typical home buyer could save $260...

Buyers More Willing to Widen Their Searches
Fifty-eight percent of U.S. adults say they’re willing to take steps to find housing that is more affordable. Younger adults—Gen Z and millennials—are more likely to do so than older generations, a...

Bank profits fall amid economic uncertainty: FDIC
WASHINGTON —  Bank profits declined in the first quarter as the country’s largest banks grew set-aside funds amid economic and political uncertainty, according to the Federal Deposit Insurance...

2022 Texas first-time homebuyer assistance programs
If you’re a first-time homebuyer in the Texas, the Texas Department of Housing and Community Affairs and other organizations offer several programs to help you afford a home. Texas first-time...

2022 Utah first-time homebuyer assistance programs
With home prices climbing in Utah, first-time homebuyers might need a boost to gain entry into the state’s housing market. Despite the affordability challenges, first-time buyers in Utah could be...

2022 South Dakota first-time homebuyer assistance programs
Home prices climbed across the board in the last year, but the housing market in South Dakota so far has managed to keep those soaring costs in check. Still, if you’re a  first-time homebuyer in the...

New home sales fell by nearly 17% in April as buying became even less affordable
(CNN)The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April. New home sales fell by 16.6% in April from March and were down 26.9%...