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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

Local CRE Trends

Discover What's New and Interesting in Our Backyard

Dallas-Fort Worth, is the 4th most populous metropolitan area in the U.S. The area commonly referred to as DFW, is historically known for its cotton and oil industries. With a strong industrial and financial center, the population of Dallas ranks ninth in the U.S. and fourth in the state of Texas.

Dallas-Fort Worth is also headquarters to Alamo Title Company, one of Fidelity National Financial’s most dynamic title brands and real estate teams. Our DFW-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 Texas, 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:

Chase Commits $400 Million Toward Closing The Housing Affordability Gap
JPMorgan Chase has announced new steps to address the housing affordability gap as part of its $30 billion commitment to help advance racial equity and wealth creation. The firm plans to harness...

How to Build Support for Affordable Housing
REALTORS® can work with their local associations to help promote affordable housing in their communities, said a panel of local REALTOR® association leaders on Wednesday. Speaking at the National...

Top 10 Issues Affecting Real Estate in 2021
Remote work and mobility are expected to have the most significant impact on real estate over the next year, according to The Counselors of Real Estate’s list. The group identified current and...

New-Home Sales Drop to Lowest Pace of Year
Prices are surging and uncertainty in the availability of building materials, lots, labor is chipping away at new-home sales, even as buyer demand remains high. Newly built, single-family home...

Gen Z Is Eager to Buy Within 5 Years
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . June 24,...

Why Biden should appoint Sandra Thompson to lead the FHFA permanently
The departure of Director Mark Calabria as head of the Federal Housing Finance Agency, arguably the most powerful position in the housing finance complex, marks an end to a time of confusion and...

Number of affordable places to live reaches lowest point in two years
Home affordability has slipped below the historical average in more than half of U.S. counties, reaching its highest level in two years, a report from Attom Data Solutions said. Median prices of...

Nearly 29 million Gen Zers could be trying buy a home by 2026
While mortgage lenders are currently dealing with heavy demand, they need to prepare for a large generation of borrowers soon to come. Generation Z — defined as those born between 1997 and 2012 —...

Mortgage rate climbs above 3% after recent remarks from Fed
Mortgage interest rates headed upward for the first time in four weeks, as markets tried to make sense of what recent comments from Fed officials might mean for borrowers and lenders in the near...

Biden administration launches new round of distressed mortgage relief
The Biden administration on Thursday extended the foreclosure moratorium for federally-backed mortgages to July 31 while also announcing that the Federal Housing Administration, the U.S. Department...