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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:

What Is “Structural” Inflation? Pt 1: A Compelling Case Study
pm EDT| A big question for monetary policy today is whether the current bout of “inflation” is “transitory” – or “structural.” It is now pretty clear that the wave of price increases that swept...

Defeating inflation without higher unemployment is still unlikely
...ended September 23. The National Association of Realtors reports the number of home sales based on contract signings in August. Fed officials Jerome Powell, Austan Goolsbee, and Lisa Cook participate...

The Fed has a perfect interest rate in mind. Here’s what it is
New York CNN — There’s a star the Federal Reserve is chasing. It isn’t a celebrity or sphere of gas that dazzles the sky at night. It’s not even a visible object. “We only know it by its...

Even the Fed is cutting jobs — for the first time in more than a decade
New York CNN — Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep. The...

CloudQuant Peeks Into The Future Of Inflation: It’s Complicated
am EDT| As we digest the latest FOMC statement we scan the horizon for the latest economic data likely to impact the economy in the final quarter of the year. For a viewpoint into virtually every...

Looming Government Shutdown And Higher Interest Rates Hang Over Market
...sixth consecutive week above 7%. Higher rates are being felt in the housing market where the number of existing home sales for August came in at 4.04 million, below forecasts of 4.10 million...

The Possible Recession Is a Dueling Narratives Story
Where is the economy going? The Federal Reserve in its September 2023 meeting seemed...

It was a big week for interest rates. Here’s what you need to know
...as sales dropped Home prices continued to climb in August, even as home sales dropped, according to a monthly report from the National Association of Realtors. That’s a result of the low inventory...