CNBC's "Secret Lives of the Super Rich: Mega-Homes" premieres tonight at 9pm ET. Where the real estate market is headed in 2013, with CNBC's Robert Frank and Dolly Lenz, Douglas Elliman. "I would characterize the market as good, and steady as she goes," says Lenz.
CNBC's "Secret Lives of the Super Rich: Mega-Homes" premieres tonight at 9pm ET. Where the real estate market is headed in 2013, with CNBC's Robert Frank and Dolly Lenz, Douglas Elliman. "I would characterize the market as good, and steady as she goes," says Lenz.
According to Brown Harris, sales of homes in the Hamptons priced more than $2.5 million increased by 98 percent in Q4 compared to last year. CNBC's Robert Frank has the details.
Super broker Dolly Lenz takes her west coast partner, Aaron Kirman, through one of the most exclusive and expensive apartments available in NYC and CNBC were the only cameras allowed inside this mega-home.
15 Central Park West is one of the most exclusive buildings in Manhattan. It's been home to stars like Denzel Washington, A-Rod and Sting. In this new episode, Dolly takes a former NHL star to tour a $35,000,000 apartment in the iconic building.
Home sales are higher, demand is back and supplies of homes for sale are low. Meanwhile, analysts at Fitch Ratings anticipate home price gains may slow in 2013, reports CNBC's Diana Olick.
Mike Jackson, AutoNation chairman & CEO, discusses his company's robust sales numbers and what it says about the state of the auto industry. "The American consumer is moving on with their life," Jackson added.
Brookstone CEO Stephen Bebis discusses why consumers like his products, and displays some current hot products. "Our products improve your quality of life," he says.
McDonald's posted better-than-expected November same-store sales, and its global comp sales are up 2.4 percent, with Rachael Rothman, Susquehanna Financial Group analyst.
Chrysler and Hyundai reported strong U.S auto sales in November, as the industry rebounded from a storm-ravaged October and benefiting from pent-up demand.
Many retailers are getting whacked after missing their monthly sales numbers. Jan Kniffen, J. Rogers Kniffen Worldwide Enterprises, and CNBC's Herb Greenberg share their opinions.