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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

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Local CRE Trends

Lassen, Plumas and Shasta Counties in California are home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Lassen Plumas serves the residential and commercial real estate industry. Our offices are strategically located throughout Lassen and Plumas Counties, 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 these counties, 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:

Fed officials aren’t easing Wall Street’s nerves
Washington CNN  —  Earlier this week, some officials at the Federal Reserve said they’re no longer worried about inflation reaccelerating, after data showed that progress stalled in the first...

Analysis Fed Worries If Current Rates Are Enough to Tame Inflation Erika Morphy On the other hand, economic data released after the meeting took place suggest the economy may be slowing.
Federal Reserve officials made clear they are still worried about the still-elevated levels of inflation according to the minutes from the April 30-May 1 policy meeting of the Federal Open Market...

No, We're Not In A Recession—But Here's Why Many Americans Feel Like We Are
pm EDT Topline More than half of Americans believe that we are in a recession, according to a survey released Wednesday, the latest evidence of the dissonance between the fairly rosy economic...

First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
...the market until interest rates drop. Prospective homeowners sit at an impasse. Mortgage rates are not particularly high, at least in a historical sense: Roughly 7.5%, on a 30-year fixed-rate...

Strong spending is obscuring an economy that isn’t working for many Americans
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...

High inflation made finances worse for 65% of Americans last year
CNN  —  Inflation may have slowed last year, but it continued to deal heavy blows — some devastating — on Americans’ livelihoods: Nearly two-thirds of US adults were worse off because of it, and...

Immigrant Contributions Fuel Economic Prosperity: A Vital Pillar Of Entrepreneurship And Talent
am EDT Immigration has become the top concern for voters in this presidential election year — even above the economy and inflation, according to a recent Wall Street Journal national poll. The...

High inflation made finances worse for 65% of Americans in 2023
CNN  —  Inflation may have slowed last year, but it continued to deal heavy blows — some devastating — on Americans’ livelihoods: Nearly two-thirds of US households were worse off because of it,...

Jamie Dimon is worried about how much the US is borrowing. Here’s why
...[it currently sits at 4.4%]. At that time we would have mortgage rates at 8%,” he said. Additional reporting by Samantha Delouya. Trump Media & Technology Group lost more than $300 million...

LVMH, Walmart And Home Depot Earnings Highlight Shift In Consumer Spending
...the third consecutive quarter to start 2024 as customers wrestled with higher mortgage rates and inflation. The home improvement retailer is seeing customers defer major home projects due to...