Realty Check
- Friday, 20 Nov 2009 2:35 PM ETBy: Diana Olick
I didn't know about it either. Yes, the US Department of Agriculture has a program, instituted back in the 1940s, to assist in rural development, that has become extremely popular during these days of crunching credit. These are USDA-backed loans, so approved lenders can offer no-money down. » Read more - Thursday, 19 Nov 2009 10:14 AM ETBy: Diana OlickWhile you may think the economy is improving a bit -- and that government assistance has had an impact -- the foreclosure crisis is not. » Read more
- Wednesday, 18 Nov 2009 11:11 AM ETBy: Diana Olick
A lot of housing data hit the wires today, much of it unexpected and confusing, so let's start at the top. » Read more - Tuesday, 17 Nov 2009 2:58 PM ETBy: Diana Olick
The home buyer tax credit was extended and expanded, and mortgage interest rates have actually been trending even lower, but housing's recovery is still being hampered by new appraisal rules. » Read more - Monday, 16 Nov 2009 10:32 AM ETBy: Diana Olick
A new survey shows that even in those markets where investor competition has returned and prices on the low end are beginning to stabilize, homeowners still owe far more on their mortgages than their homes are currently worth. » Read more - 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
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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