Wire Fraud Alert

Wire Fraud Alert

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

The Sunshine State of Florida is the 3rd most populous in the United States, and home to one of LandCastle Title Group’s most dynamic residential title teams, Masterpiece Title. Our Florida-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 Florida, 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:

What does TINA mean in investing?
In investing, TINA is an acronym that stands for “there is no alternative.” It may sound like it describes a doomsday scenario, but it’s just a shorthand for one particular strategy among investors....

United Airlines CEO touts airline’s performance, says it’s prepared for economic downturn

What happens during a recession? Here is what is impacted in the economic downturn
It seems like economists have been predicting a recession for a while now. Forecasters continue to place odds on different probabilities for an economic downturn in the next 12 months. Whether or...

The case for a 2023 US recession is crumbling
New York CNN  —  Many CEOs, investors and economists had penciled in 2023 as the year when a recession would hit the American economy. The thinking was that the US economy would grind to a halt...

5 signs the job market is cooling despite the blockbuster May jobs report
The May employment report, released Friday, appeared to show the nation isn’t close to tipping into recession with employers adding a booming 339,000 jobs. Beneath the surface, however, were signs...

Unemployment or recession fears aren’t stopping workers from making career moves
For more than a year now, workers have been told to strap in for a recession that could zap their historic career opportunities, harm their unprecedented amount of bargaining power and injure their...

Bank of America CEO says the Fed’s biggest challenge is power of US consumer
New York CNN  —  Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ceiling, it is “not good for the United States to go through...

Will The Fed Provide The Pause That Refreshes The Economy?
One could be forgiven for thinking that last Friday’s headline showing the U.S. economy created a much larger-than-expected 339,000 jobs in May would send stocks lower rather than higher. After all,...

With these many jobs, do we no longer have to worry about a recession?
New York CNN  —  US recession worries aren’t dead. But they may have passed into a coma at 8:30 am ET on Friday. That’s when the Labor Department released its latest jobs report, which indicated...

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
...Even construction companies added 25,000 jobs, despite the drag on the housing market after the Fed sharply raised interest rates. The only industries showing job losses last month were manufacturing...