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Email scams hitting real estate transactions

Dec 15, 2015
The National Association of REALTORS has received reports that sophisticated email scams are targeting the real estate industry. Criminals are hacking into the email accounts of either the real estate agent or another person involved in the transaction and using information to get someone, usually the buyer, to make a fraudulent wire transfer. NAR Legal Affairs has developed a checklist to help you recognize and avoid this type of fraud. Click here to learn more.
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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.

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