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Senate Bill (SB) 2 - Affordable Housing and Jobs Act Fee

The Los Angeles County Registrar-Recorder/County Clerk has issued as public notice regarding California Senate Bill (SB) 2 – Affordable Housing and Jobs Act Fee that went into effect on January 1, 2018.
For more details:

Download the notice (PDF) >>

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

The Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Chicago Title Los Angeles, one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Los Angeles serves the residential and commercial real estate industry in California. Our offices are strategically located throughout Los Angeles County, and includes teams that live and work in 4 offices located in: Cerritos, Glendale, City Of Industry, and Palmdale. Our California-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 attorneys that work alongside them.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

The Latest Articles From the FNF Newsdesk:

GDP Growth Slows But Doesn’t Shrink
The advance estimate of GDP for the first quarter was an annual rate of 1.4%. That there would be a drop from the 3.4% rate in the fourth quarter...

U.S. Outlook Remains Bright Despite Weak Q1 GDP, Says BMO’s Yung-Yu Ma
U.S. first-quarter gross domestic product growth was only 1.6%, far weaker than the 2.6% growth that investors had been expecting, and inflation as measured...

Scottish Leader Ditches Green Party Alliance, But It Won’t Help The Economy
pm EDT After years of questionable economic policies the leader of the Scottish government has made a bold move. But it likely won’t be enough to help the country prosper. Scotland’s First Minister...

US pending home sales jumped in March, beating expectations by a mile
Washington CNN — Home sales based on contract signings jumped in March despite elevated mortgage rates that month. Pending home sales — a forward-looking indicator based on contract signings...

Dow Plunges 700 Points—Worst Day In 14 Months As Disappointing GDP Report Accelerates Stagflation Fears
am EDT Topline A poor economic report and alarm over corporate earnings sent markets into a tizzy Thursday, as anxiety about a suffocating economic scenario threw a wet blanket on recent stock...

Dow sinks 680 points after GDP report shows a slowing economy amid stubborn inflation
New York CNN — US stocks sank Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. The...

Q1 GDP Commentary from MBA's Joel Kan
Share to The following is MBA VP and Deputy Chief Economist Joel Kan’s reaction to this morning’s U.S. Commerce Department report on Q1 GDP: -- “GDP growth in the first quarter at 1.6...

The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
The economy slowed more than expected early this year as weaker business stockpiling and exports offset solid consumer spending and a flurry of housing construction. The nation’s gross domestic...

US economy slowed more than expected in the first quarter, to a 1.6% rate
Washington CNN — The US economy cooled more than expected in the first quarter of the year, but remained solid by historical standards. Economic...

Believe It Or Not, The World Is Lurching Toward A New Gold Standard
No monetary system today is held in such contempt among almost all economists and financial officials as the gold standard. The U.S. was on one for 180 years until the early...