Featured Story

Wire Fraud Alert

Wire Fraud Alert image


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
Local CRE Trends

Oregon is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title San Mateo serves the residential and commercial real estate industry. Our offices are strategically located throughout San Mateo county, and includes teams that live and work in the area.
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 San Mateo 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:

Are You Ready For Park(ing) Day?
...created by the Long Island Board of REALTORS® with help of an NAR Placemaking Grant. So, if you’re ready to start brainstorming your own Park(ing) Day project, here are some steps to getting...

Analysis: Tesla haters may have a new hero in the DMV souring, too, as prices for raw materials remain elevated and rising mortgage rates are putting off potential buyers. After scrambling to catch up to white-hot demand, builders are now cutting...

Rising disaster coverage costs could be coming to a head for housing
...have exposure to the same reinsurance market. "As far as mortgage and housing market activity, things like rising interest rates are probably a lot more consequential than homeowners insurance...

Home buyer competition toughest at the lower end of a cooling market
...high- and middle-priced tiers, combined with demand from buyers attracted by low mortgage rates and high liquidity, made home buying most competitive in those price ranges in 2020 and 2021, according...

CDs vs. bonds: How they compare and which is right for you
...failure when your CD is backed by the Federal Deposit Insurance Corp. (FDIC) or the National Credit Union Administration (NCUA). One factor that can impact the fixed rates of CDs negatively...

What are Hispanic American-owned banks and how can you support them?
...invest for retirement and more. According to the Federal Deposit Insurance Corp. (FDIC), there are 31 Hispanic American-owned banks across the United States as of March 2022. Here is more information...

Builders Concerned About Sudden Pullback in New-Home Market
...dramatic pullback in homebuyer demand this year, for which builders blame rising mortgage rates and material prices. The average cost to build a new home has jumped 35.7% since January 2020—an...

FHFA proposes new affordability goals to address rising rents
...high home prices as the reason. Other significant deterrents cited were increased mortgage rates (32%) and an inability to save enough money for a down payment (29%). While both rents and home...

Instant Reaction: Housing Starts, August 16, 2022
...lessen overall uncertainty. Moreover, demographics still suggest a sizable housing shortage. If mortgage rates remain near 5%, after reaching 6% in early June, there could be renewed buyer activity...

Today’s refinance rates retreats – August 16, 2022
...policy move that may – or may not – translate to rising mortgage rates. The central bank is ramping up efforts to fight inflation, which has remained high after a bout of pandemic stimulus and...