Realty Check
- Friday, 13 Nov 2009 2:48 PM ETBy: Diana Olick
I knew it was coming, but I guess I was hoping it wouldn't be quite so tunnel-visioned. The Realtor's chief economist, Lawrence Yun, released his Housing and Economic Forecast this afternoon. The extension and expansion of the first time home buyer tax credit was the lead, as expected, with Yun claiming it would bring not only home sales but home prices back out of the basement in 2010. » Read more - Thursday, 12 Nov 2009 2:16 PM ETBy: Diana Olick
FHA: "Bailout Doesn't Apply." Those are not my words, but the words of HUD Secretary Shaun Donovan toward the end of a lengthy explainer on the FHA's annual actuarial report, released this morning. » Read more - Tuesday, 10 Nov 2009 2:22 PM ETBy: Diana Olick
I'm back on the foreclosure bandwagon again, especially after getting the Treasury's Home Affordable Modification Program status report this morning, and its glaring omission of any information as to how many borrowers are actually keeping up with the payments on their trial modifications. » Read more - Monday, 9 Nov 2009 2:47 PM ETBy: Diana Olick
While we all worry so much about the auto industry, I find it astounding that we don't pay all that much attention to the battered industries behind the battered housing market. » Read more - Friday, 6 Nov 2009 1:52 PM ETBy: Diana Olick
While the Realtors and Home Builders and Mortgage Bankers all bask in the glow of the home buyer tax credit extension/expansion, we all need to turn our attention to the real drag on a housing recovery: Foreclosures. » Read more - Thursday, 5 Nov 2009 3:33 PM ETBy: Diana Olick
In landslide votes, the extension/expansion of the first time home buyer tax credit passed both houses of Congress and is now on its way to the President's desk for signing tomorrow. » Read more - Thursday, 5 Nov 2009 11:55 AM ETBy: Diana Olick
Yep, thanks to a new program announced by the nation's largest owner of home loans, Fannie Mae, troubled borrowers can sign over the deed of their homes and rent back for the current market rate. » Read more - Wednesday, 4 Nov 2009 2:17 PM ETBy: Diana Olick
An interesting article in the Wall Street Journal today about Wells Fargo & Co. modifying some of its worst loans into interest-only loans got me thinking about the housing recovery in a new light. » Read more
ABOUT REALTY CHECK
Realty Check takes you from the housing boom to bust and beyond. Led by Diana Olick, we were here when the house came crashing down and we have the singular expertise to explain how it will be rebuilt. The goal of this blog is to bring the market, the rescue plans, the politics and the pontification home to you, with clear concise explanations of the wildly complicated issues in all facets of real estate today and tomorrow. Realty Check is read by leaders in the real estate industry: Investors, Realtors, Big builder CEOs, Mortgage Bankers, Wall Street Analysts and Administration Officials to name a few.
BIO
Diana Olick is an Emmy Award winning journalist, currently serving as CNBC's real estate correspondent. She also contributes real estate expertise to The Today Show and NBC Nightly News with Brian Williams (Read full bio here).
DIANA OLICK'S FAVORITE LINKS
- Realtor.org
- Realtor.com
- Realty Trac
- Trulia Real Estate Search
- National Association of Home Builders
- National Association of Real Estate Investment Trusts
- American Institute of Architects
- Mortgage Bankers Association
- The Associated General Contractors of America
- Chicago Mercantile Exchange Real Estate Futures Trading
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