RESIDENTIAL & COMMERCIAL SERVICES | Snohomish & Skagit

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:

Instant Reaction: Mortgage Rates, January 26, 2023
Mortgage rates continue to remain near the 6% threshold. According to Freddie Mac, the rate on a 30-year fixed mortgage dropped to 6.13% from 6.15% the previous week. Mortgage...

Best Value Stocks For 2023
...and provides title services. 2022 was a challenging year for homebuilders. Rising mortgage rates, higher construction costs and supply chain constraints limited overall homebuilding activity...

Mortgage payment amounts surged 39% in 2022
New home buyer payments increased by almost 39% in 2022, but borrowers saw some relief toward the end of the year thanks to lower interest rates, the Mortgage Bankers Association said. The...

Pending Home Sales Improve In January As More Buyers Return
pm EST|Press play to listen to this article! Got it! Pending home sales fell 26% year over year during the four weeks ending January 22 as mortgage rates ticked down. It was the smallest drop...

This Week In Credit Card News: A Beneficial Change In Credit Scoring; Big Banks To Develop New Digital Wallet
...from Becoming Homeowners As Americans deal with high inflation and a heated housing market, growing credit card debt poses a major barrier to homeownership. Credit card debt has prevented one...

Buying a home is now more affordable than renting in these five cities
...average. But there are five cities where, despite stubbornly high prices, rising mortgage rates and some of the least affordable home buying conditions in decades, it is still cheaper to buy...

Mortgage rates tick down ahead of Fed meeting next week
Washington, DC CNN  —  Mortgage rates fell slightly this week, staying almost flat ahead of the Federal Reserve’s closely watched interest rate-setting meeting next week. The 30-year fixed-rate...

Home sales eke out gain to cap disappointing year on rates
...four years, as aggressive monetary policy tightening by the Federal Reserve pushed mortgage rates up sharply. Combined with prices that were slow to decline, home-buying conditions late last...

US Economy Beats Estimates And Grows 2.9% In Q4
...non-defense spend and the states and locals' upping employee compensation. Unfortunately, the housing market saw a slowdown, mainly due to a decrease in new single-family construction and broker...

Here's Why Experts Predict A Return To Negative Economic Growth—And Potential Recession—Despite Strong GDP
...the Federal Reserve's interest rate hikes, which tanked stocks and the housing market last year, are "beginning to cascade through the economy," with business investments, for example, decelerating...