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Wire Fraud Alert

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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

Kern County California is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title San Kern serves the residential and commercial real estate industry. Our offices are strategically located throughout Kern 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 Kern 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:

APR vs. interest rate: What’s the difference?
When comparing the differences of one mortgage offer versus another, you might be asking yourself: What’s the difference between interest rate and APR? Both percentages help you understand the cost...

How big mortgage lenders hope to clear the appraisal logjam
The U.S. housing market is booming during the coronavirus pandemic in spite of a little-noticed chokepoint: There just aren’t enough property appraisers to visit and evaluate all the houses changing...

What is a conventional loan?
When looking for mortgages to buy a home, you’ll encounter range of options, including conventional loans. In short, a conventional loan is not guaranteed by the government. Instead, it’s available...

What is a bond ETF and is it a good investment?
Bond ETFs are a welcome addition to the range of funds that investors have at their disposal in building a portfolio. These exchange-traded funds bring a lot of benefits, and while they solve many...

Single Buyers Face Hurdles as Starter Homes Dwindle
The number of one-person households in the U.S. has doubled in the last four decades. Solo households have risen from 18.2 million in 1980 to 36.1 million in 2020. Baby boomers comprise 39% of solo...

Wells Fargo backs mortgage startup Maxwell
Maxwell, a startup that operates an online platform catering to mortgage loan officers and smaller lenders, raised $28.5 million in equity funding from investors led by the venture firm Fin VC and...

Democrats’ New Housing Policy: Vilify Private Equity And Recycle Failed Ideas
Last week I testified before the Senate Banking Committee at a hearing titled How Private Equity Landlords are Changing the Housing Market. As I argue in my testimony, it is extremely difficult to...

The impact of hurricane season on mortgages and the wider economy
A submerged street sign on a flooded street after Hurricane Ida in Laplace, Louisiana, U.S., on Thursday, Sept. 2, 2021. The electric utility that serves New Orleans has restored power to a small...

U.S. new-home sales top forecast with best pace since March
Sales of new U.S. homes increased in September to the highest level in six months, underscoring solid underlying demand. Purchases of new single-family homes increased 14% to an 800,000 annualized...

Current National Mortgage Rates: October 25, 2021—Mortgage Rates Hold Steady
Mortgage rates didn’t move today. If you’re interested in buying a home or refinancing your current home, you still have a shot at locking in a historically low rate. As of today, the average rate...