Wire Fraud Alert

Wire Fraud Alert

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

The Sunshine State of Florida is the 3rd most populous in the United States, and home to one of LandCastle Title Group’s most dynamic residential title teams, Masterpiece Title. Our Florida-based professionals work 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 industry partners that work alongside them. In addition to our commitment to the residents of Florida, 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:

Home listings fall, price cuts and removals surge due to rate hikes
The interest-rate surge this year has altered the dynamics of the housing market, as new listings dwindle while at the same time, sellers are cutting prices or pulling their property off the...

Total Flood And Wind Losses From Hurricane Ian Range From $41 Billion To $70 Billion
...Laura, Delta and Ida.” According to CoreLogic, more than 66,000 pending mortgage applications worth nearly $22.5 billion are in progress in Florida, North Carolina and South Carolina and are...

Mortgage rates are up, sales of homes are down
...nearly 7%. These mortgage rates continue to push home

Art-based Alley Activation Honors Monroe City History
...Both DTMC and MTAR are humbled that an organization as large as NAR and the Missouri REALTORS® can have such a lasting effect on our rural communities. Turning “places” into “spaces” is a goal...

What is judicial foreclosure?
...court system. Here’s everything you need to know about how judicial foreclosures work. Judicial foreclosure definition In any home foreclosure, the lender takes back the property after the...

NAR’s 2022 Good Neighbors: A Passion for Giving That Outlasted a Pandemic
...effected change to improve the lives of others in their communities,” says NAR President Leslie Rouda Smith. “Each of these REALTORS® has devoted hundreds of hours a year and raised huge sums...

Instant Reaction: Mortgage Rates, October 6, 2022
Mortgage rates took a breather this week. According to Freddie Mac, the 30-year fixed mortgage rate fell slightly to 6.66% from 6.70% the previous week. While there are mixed...

10 cheap cities to buy a home in 2022
...year ago to $389,500, according to the National Association of Realtors (NAR). What’s more, in the last 20 years, wages have not kept pace with home prices. The median household income only...

Mortgage Rates Drop For First Time In 6 Weeks—But Housing Market Downturn Could Last Several Years, Wells Fargo Warns
...on the conversation bubble to join the conversation Got it! Topline Despite mortgage rates falling for the first time since mid-August, experts are warning the higher borrowing costs that...

Why are job cuts rising and what does that mean for you? September spike brings worry.
...29%. Why are job cuts rising in 2022? Challenger said the cooling housing market at the Fed’s rate hikes have led to job cuts among mortgage staff at banks and lenders, and recession concerns...