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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

Houston is the most populous city in Texas, and the fourth most populous city in the United States. Home to 6 million residents, and host to 7 million visitors each year, Houston is the fifth-most populated metropolitan area in the country. The city of Houston is a major hub for big business, and serves as headquarters for more Fortune 500 companies than any other U.S. city, second only to Manhattan. In addition to its rich history in oil, Houston has one of the world’s busiest international ports and is home to NASA’s Johnson Space Center. Houston is also headquarters for the world’s largest group of medical care and research facilities.

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

What The Fed Will Be Looking For In October’s Unemployment Report
pm EDT| On Friday October 6, the Employment Situation report for the month of September will be released by the Bureau of Labor Statistics. The Fed will be watching for signs that the job market is...

Dow Tanks To Lowest Level Since May: How Historically High Bond Yields Are Driving Slump
pm EDT| Topline Stocks tanked Tuesday while bond yields soared, again highlighting worries about what high interest rates mean for equities as the Dow and S&P are each on track to notch their...

Will Markets Rebound From A Rocky September?
...prices, core inflation continued to drop to a multi-month low. With the housing market continuing to weaken, that trend is likely to last the rest of the year. That mixture of persistent economic...

Supreme Court May Defund Consumer Financial Protection Bureau—Why Experts Warn Of ‘Chaos’ If That Happens
...the court. Groups representing mortgage bankers, home builders and realtors argued “the housing market could descend into chaos” if lenders and borrowers are left without the guidance CFPB has...

Dow drops more than 400 points as Treasury yields spike on job openings surge
New York CNN  —  The Dow fell more than 400 points Tuesday morning, turning negative for the year, as US Treasury yields surged to their highest levels in over a decade. The Dow fell 427 points,...

Is it time to sell Series I bonds?
Series I bonds have been a popular and attractive investment over the past few years, as inflation soared to multi-decade highs. The bonds adjust their interest rate to factor in inflation, helping...

Mortgage Rates Move Up Today Oct. 2, 2023: What Does That Mean for Homebuyers?
...so it's even more expensive to purchase a home. Some key mortgage rates saw an increase over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgage...

Increasing Your Startup’s Chance Of Getting VC Funding In A Recession
am EDT| Dmitrii Zotov, founder and CTO at award-winning performance marketing platform Affise, helping companies scale via partnerships channel. Is a recession coming? While some sources predict...