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Diana Olick

CNBC Real Estate Reporter

Diana Olick is an Emmy Award-winning journalist, currently serving as CNBC's real estate correspondent as well as the author of the "Realty Check" blog on CNBC.com. She also contributes her real estate expertise to NBC's "Today" and "NBC Nightly News with Brian Williams." Prior to joining CNBC in 2002, Olick spent seven years as a correspondent for CBS News. She has a B.A. in comparative literature with a minor in soviet studies from Columbia College in New York and a master's degree in journalism from Northwestern's Medill School of Journalism.

Olick began her career as a local news reporter at WABI-TV in Bangor, ME, WZZM-TV in Grand Rapids, MI and KIRO-TV in Seattle WA. She joined CBS in 1994 as a New York-based correspondent for the "CBS Evening News with Dan Rather" and "The Early Show." She also contributed pieces to "48 Hours" and "Sunday Morning." During that time, she covered such stories as the World Trade Center conspiracy trial and the Boston abortion clinic shooting.

In 1995, Olick was assigned to cover the Midwest as a Dallas bureau correspondent. In the three years she was there, she covered all forms of natural disaster, including the crash of TWA Flight 800, the JonBenet Ramsey murder mystery, and was the exclusive correspondent for the trial of Oklahoma City bomber Terry Nichols. During that time, she also took a temporary assignment in CBS' Moscow bureau, where she chronicled the brief presidential campaign of Mikhail Gorbachev.

In 1998, Olick was reassigned to the New York bureau and then immediately posted to Bahrain for the buildup to a possible second Gulf War. A year later, she went to Albania to cover the US military buildup during the conflict in Kosovo.

Upon her return, Olick was reassigned to CBS' Washington bureau and the Capitol Hill beat. During Campaign 2000, Olick covered the Senate campaign of First Lady Hillary Rodham Clinton and later joined the Bush campaign as a special correspondent for "The Early Show." That fall, she was named Supreme Court correspondent; her first case was Bush v. Gore.

Follow Diana Olick on Twitter @Diana_olick.

More

  • I’m going round and round with the folks at the Federal Reserve about this new “guidance” they issued for subprime lenders. The guidance covers various “consumer protection principles,” including “approving loans based on the borrower’s ability to repay the loan according to its terms.” Another very important guideline concerns prepayment penalties.

  • KB Home, Prices And A World of Hurt Thursday, 28 Jun 2007 | 11:45 AM ET
    KB Home Sales Center

    I guess I’m beginning to sound like a broken record, but I have to ask it again: just how much can the big public home builders take? KB Home, which has lost nearly a quarter of its market value this year, reported a second quarter that could give a CEO nightmares. The company posted a net loss of $148.7 million, or $1.93 a share, compare that with a net income of $205.4 million just one tragic year ago. Housing revenues, that’s if you subtract some land sales, were down 41% from a year ago.

  • Speaking at a real estate conference in New York, the CEO of luxury homebuilder Toll Brothers, Robert Toll, said, “I see no reason to expect a change in confidence until probably April ’08, when the candidates will fairly well be settled for the presidential election and we’ll start to listen to speeches about how we’ll get better.”

Featured

  • Olick serves as CNBC's real estate correspondent as well as the author of the "Realty Check" blog on CNBC.com.

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