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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

Discover What's New and Interesting in Our Backyard

Chicago is known as the cultural capital of the Midwest, with world-class architecture, a vibrant arts scene, and internationally renowned museums. It is also a top tourist destination – a record 54.1 million people visited the city in 2016, bolstered by vacationers and business travelers, the city reported. As the third largest metropolis in the U.S., Chicago is also a global center for business, with strong representation in the finance, commerce, industry, technology, telecommunications and transportation industries.

Our Illinois-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 realtors, lenders, builders and attorneys that work alongside them. In addition to our commitment to the residents of Illinois, we provide commercial services to investors who help keep Indiana's 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:

Mortgages Move Up for Homeseekers: Today's Mortgage Rates on April 25, 2024
Today’s average mortgage rates Mortgage Refinance Today’s average mortgage rates on Apr. 25, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders...

Believe It Or Not, The World Is Lurching Toward A New Gold Standard
No monetary system today is held in such contempt among almost all economists and financial officials as the gold standard. The U.S. was on one for 180 years until the early...

Shoppers are playing a large part in the continued growth of the U.S. economy
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High-risk investments to avoid in 2024
The S&P 500 index is up more than 6 percent so far in 2024 and has risen about 25 percent over the past year, as investors grew optimistic about the Federal Reserve bringing down inflation while...

US new home sales surged in March despite elevated mortgage rates
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What Lies Ahead For The S&P 500 Following Unprecedented Tranquility?
am EDT The S&P 500 has been basking in historically low volatility since January 2023, sparking discussions, debates, and speculation over how long this trend can persist. At the heart of this...

Recessions explained: What's a recession? How…
...a study by Cinch Home Services, a warranty company. The National Association of Realtors defines a housing recession as when home sales drop for six straight months. In November, existing home...