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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

Monterey County is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Monterey serves the residential and commercial real estate industry. Our offices are strategically located throughout Monterey County, and include teams that live and work in 4 offices located in: Salinas, Carmel and Monterey.

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 Monterey County, 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:

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Mortgage rates reached a grim milestone this week, topping 7% for the first time since January 2025 and reaching their highest level during either of Donald Trump’s presidential terms. The...

Global bond sell-off deepens, sending borrowing costs higher around the world
New York —  The US 30-year Treasury yield rose as high as 5.45% Thursday morning, its highest level since 2004, extending a recent sell-off that’s seen yields climb around the globe. Bond yields...

10-year Treasury yield hits 5.1% for first time in 19 years
New York —  US bond yields surged Wednesday to reclaim their highest levels in nearly two decades after new data depicted strong business activity and intensifying inflation concerns. The key...