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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

Discover What's New and Interesting in Our Backyard
Local CRE Trends

Michigan is the ninth most populous state in the U.S., and home to one of Chicago Title’s most dynamic residential title teams. Our offices are strategically located throughout The Great Lake State, and include teams that live and work in: Grand Rapids, Rockford, Holland, Cascade, Kalamazoo, St. Joseph, New Buffalo, South Haven, Niles, Dowagiac, Paw Paw and Calhoun County, respectively.

Our Michigan-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 attorneys that work alongside them. In addition to our commitment to the residents of Michigan, 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 FNF Newsdesk.


The Latest Articles From the FNF Newsdesk:

Best no-penalty CD rates for January 2022
Most CDs have one characteristic that consumers don’t like: penalties for early withdrawals. No-penalty CDs, however, are an exception. These certificates of deposit may provide a higher fixed yield...

Housing risk intensifying in the East, Midwest and California
Despite high demand for homes and relatively low levels of distress due to the government relief applied as a result of the pandemic, pressure on certain local markets doesn’t seem to be letting...

Existing-Home Sales Reach Highest Point Since 2006
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. January 20, 2022 Existing-home sales ended 2021 on a...

Can New-Home Starts Maintain 2021 Highs?
Builders ramped up construction on new homes last year as buyers eagerly sought more housing options. Single-family housing starts jumped 13.4% in 2021 compared to 2020, the Commerce Department...

Home prices rose faster than ever in 2021. The typical home gained $50,000 in value
Home values rose faster than ever in 2021. The median sales price for an existing home was $346,900, up a whopping 17% from the prior year. That made things tough for people looking to buy a house...

Mortgage rates move up as markets warily watch Fed
Fixed-rate mortgages increased for the fourth week in a row, as markets continue to make moves in response to central bank policy. The 30-year mortgage averaged 3.56% for the weekly period ending...

Existing-home sales fall for the first time in 4 months
WASHINGTON — Sales of previously occupied homes fell in December for the first time in four months as many would-be buyers were frustrated by a lack of available houses, which fell to the lowest...

Sales of existing U.S. homes drop for first time in four months
Homes stand on a hill side in Oakland, California, U.S., on Friday, Aug. 30, 2019. Builders in Oakland are on course to create more new housing units than San Francisco this year, a notable role...

Higher construction costs force new home buyers to seek larger loans
Higher building costs pushed the average size for a mortgage on a newly constructed home to an all-time high, but also contributed to a slowdown in purchases in December, the Mortgage Bankers...

Annual Existing-Home Sales Hit Highest Mark Since 2006
WASHINGTON (January 20, 2022) – Existing-home sales declined in December, snapping a streak of three straight months of gains, according to the National Association of Realtors®. Each of the four...