Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project

by Phil Hall | Nov 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Jamie Dimon has distanced himself and his company from the demolition of the White House East Wing and the construction of a new massive ballroom. In a CNN interview, the CEO of JPMorgan Chase (NYSE: JPM) responded to an observation by anchor Erin Burnett that the...

Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube

by Phil Hall | Nov 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A new series of online videos showing Berkshire Hathaway’s (NYSE: BRK.A) CEO Warren Buffett giving financial advice are artificial intelligence-fueled fakes. In a press statement, Berkshire Hathaway declared the videos create showing photos of Buffett carry a...

Report: More Californians Can Afford to Buy a Home

by Phil Hall | Nov 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More Californians were able to afford buying a home during the third quarter, according to a data report from the California Association of Realtors (CAR). Between July and September, 17% of the state’s homebuyers could afford to purchase an $887,380...

Multifamily Developer Confidence Rises in Q3

by Phil Hall | Nov 6, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Builder confidence in the new multifamily housing market increased year-over-year in the third quarter, according to the Multifamily Market Survey released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily...

Mortgage Rates Inch Up Again

by Phil Hall | Nov 6, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...