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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:

CoStar drops out of CoreLogic bidding war, citing rising mortgage rates
CoStar Group has elected to end its hostile bid to acquire CoreLogic, citing the impact of rising interest rates on the value of real estate-related businesses. "With interest rates moving up, now...

CMBS’ Cautious Comeback
When the CMBS market shut down in March 2020, many borrowers in the application process were left at the altar. One year later, things have changed. Now multifamily borrowers in locations with strong...

Report: 50% Fewer Homes for Sale This Year
In Denver, real estate pros are reporting that some listings are seeing more than 100 showings in one weekend  and are then receiving more than 20 offers. Buyers are being told to expect going 20%...

Buyers May Want to Ask Lenders: How Long to Close?
House hunters may want to ask their lenders how long it will take them to close on a loan while shopping for a mortgage. In a housing market where multiple offer situations have become commonplace,...

20 Counties With the Highest Share of First-Time Buyers
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . March 4,...

Instant Reaction: Mortgage Rates, March 04, 2021
U.S. long-term mortgage rates rose this week but remain near historic lows, as the economy is recovering with more Americans getting vaccinated against the coronavirus. Freddie Mac reported today...

Current National Mortgage Rates, March 4th, 2021 : Rates trend upward
Multiple benchmark mortgage rates cruised higher today. Rates persist near record lows, with the average 30-year fixed rate 0.95 percentage points below the 2019 annual average rate. Keep reading...

Mortgage rates hit highest point since July
Interest rates spiked 37 basis points since the calendar flipped to 2021 alongside rising Treasury bond yields. While the pace slowed after last week’s 16-point surge , the average 30-year fixed...

14 passive income ideas to help you make money in 2021
Passive income can be a great way to help you generate extra cash flow, and the economic upheaval largely caused by the COVID-19 crisis is a testament to the value of having multiple streams of...

After sharp move, mortgage rates retreat a bit
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools...