RESIDENTIAL & COMMERCIAL SERVICES | Alameda Contra Costa

News & Events.

Featured Story

Wire Fraud Alert

Wire Fraud Alert image

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 CRE Trends

  

The Latest Articles From the Newsdesk:

Best Industrial Stocks Of December 2023
Strong returns when the economy is heating up. Industrial stocks are the classic example of a cyclical stock. When the economy is booming, orders for...

4 Glaring Distortions Driving Today’s Economy And Stock Market
...of 6.7% in August 2022 to 5.2% in October 2023. Housing Market Resilience Despite the highest interest rates in more than two decades, the housing market has demonstrated surprising resilience...

Navigating Financial Uncertainty: What The Wealthiest Americans Are Doing Right
Click to save this article.You'll be asked to sign into your Forbes account.Got itDec 1, 2023,12:52pm EST The economy has been on a wild ride the last few years. We’ve seen bear markets, bull...

Powell Warns It’s ‘Premature’ To Discuss Interest Rate Cuts—Despite Market’s Newfound Optimism
Click to save this article.You'll be asked to sign into your Forbes account.Got itDec 1, 2023,12:10pm EST Topline Federal Reserve Chairman Jerome Powell said Friday it's too early for the Fed to...

Powell says Fed could raise rates further if inflation doesn't continue to ease
...surge in consumer demand. The Fed’s sharp rate increases have pushed mortgage rates above 7%, damping the housing market, and driving up rates for auto loans, credit cards, corporate bonds and...

Fed: CRE Activity Keeps Slowing and Loan Demand Down
The Federal Reserve’s Summary of Commentary on Current Economic Conditions, commonly called the Beige Book, made clear that the economy has begun slowing and...

Graphics: How much would the 'Twelve Days of Christmas' gifts cost? In 2023, a lot.
The cost of giving your true love every item from "The Twelve Days of Christmas" increased by 2.7% this year, which is good news considering last year's increase was a substantial 10.5%...

GDP may paint a sunny picture of the economy, but this number tells a different story
There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the...

10 best low-risk investments in December 2023
...re maximizing your returns. Risk: Money market accounts are protected by the FDIC, with guarantees up to $250,000 per depositor per bank. So money market accounts present no risk to your principal...

As COP28 Begins, New Studies Find Corporates And Investors Embracing Clean Energy, ESG
Click to save this article.You'll be asked to sign into your Forbes account.Got itNov 30, 2023,06:02pm EST As nearly 200 countries usher in the 2023 United Nations climate conference, knowns as...