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Realty Check with Diana Olick
May.13
10:56 AM ET
Posted By:Diana Olick
The Realtors tend to see the glass half full, that is, that 1/3 of the nation’s top 149 metro markets are still showing price increases year-over-year. But for those of us living in the other 2/3, we probably see the glass half empty.    Read More
May.09
3:23 PM ET
Friday, 9 May 2008
Posted By:Diana Olick
I get a press release probably once a week from the National Association of Home Builders on some or another green improvement, initiative, product or conference. So I was surprised by a study that claims none of America’s 13 largest publicly traded home builders has “fully embraced" the green market...   Read More
May.08
11:33 AM ET
Thursday, 8 May 2008
Posted By:Diana Olick
I’m doing a story on jumbo loans today and how their price and availability are affecting the million-dollar home buyers. In the course of my research, I decided to take a look at Greenwich, CT, one of my favorite enclaves of multi, multi-million-dollar homes.   Read More
May.07
12:30 PM ET
Wednesday, 7 May 2008
Posted By:Diana Olick
Before Democrats could even utter the words, “housing,” “rescue,” “FHA” or “predatory,” President Bush had already let the threat fly: “I will veto the bill that's moving through the House today if it makes it to my desk.” Nuff said, Sir.    Read More
May.06
10:50 AM ET
Tuesday, 6 May 2008
Posted By:Diana Olick
I have to say I never really bought the so-called “recovery” in the homebuilder stocks that we saw at the beginning of the year. There was a lot of talk of a “bottom” in the stocks, despite the fact that nobody is ready to call a bottom in the housing market.    Read More
May.05
3:40 PM ET
Monday, 5 May 2008
Posted By:Diana Olick
Analysts this morning began raising some red flags over the Bank of America/Countrywide deal, citing deterioration in the mortgage market that could lead BofA to walk away, or at the very least lower its asking price.    Read More
May.02
12:33 PM ET
Friday, 2 May 2008
Posted By:Diana Olick
I want to talk about a huge number: 457,000. That’s the number of construction jobs that have been lost since the sector peaked in September of 2006. What’s interesting to me about this number is that at the beginning of the downturn in housing we didn’t see a huge drop in construction jobs, primarily because workers moved from residential into commercial.    Read More
May.01
12:39 PM ET
Thursday, 1 May 2008
Posted By:Diana Olick
Yesterday I wrote about the rather uncomfortable situation of hundreds of home builders on Capitol Hill, asking lawmakers for help, after their association had brashly cut off Congressional contributions.    Read More
Apr.30
12:09 PM ET
Wednesday, 30 Apr 2008
Posted By:Diana Olick
I went up to Capitol Hill this morning because about 1,200 members of the National Association of Home Builders are taking their annual day of action up here. It couldn't be more timely, as several bills are working their way through Congress to help builders and borrowers alike and to right the housing market.    Read More
Apr.29
11:45 AM ET
Tuesday, 29 Apr 2008
Posted By:Diana Olick
I want to bring your attention to a disturbing little sub-number in today’s quarterly foreclosure report from California-based RealtyTrac. RealtyTrac reports “foreclosure activity,” which covers default notices, auctions sale notices and bank repossessions.    Read More
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  Current Housing Indicators
CURRENTPREVIOUS
Existing Home Sales5.03m4.89m
New Home Sales590,000601,000
Housing Starts1.065m1.071m
Building Permits978,0001.061m
HMI20UNCH20
Existing Home Prices$195,900▼ (annually)$213,500
New Home Prices$244,100▼ (annually)$250,800

 

Realty Check Video Gallery
Home prices fall in 100 major metro areas, with CNBC's Diana Olick
Jumbo loan rates go higher, and CNBC's Diana Olick discusses the details.
Pending home sales, a good indicator of future activity, fell in March, with CNBC's Diana Olick
The house is set to pass a rescue package that could see the government buy up to $15B of abandoned homes, reports CNBC'...
A look at the numbers, with CNBC's Diana Olick & Rick Santelli
Weighing in on Fannie Mae and the state of housing, with CNBC's Diana Olick and Pete Kyle, U. of Maryland finance profes...
Discussing whether we've already reached the housing bottom, with Cyril Moulle-Bertreaux, of Traxis Partners, and CNBC's...
A look at the pulse of the real estate market around the country, with Aubrey Cohen, Seattle Post Intelligencer reporter...
 

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