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 section 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.
Olick began her career as a local news reporter at WABI-TV in Bangor, Maine; WZZM-TV in Grand Rapids, Mich.; and KIRO-TV in Seattle. 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 U.S. 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.
Olick 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.
Follow Diana Olick on Twitter @Diana_olick.
I've been doing "live shots" on the Michigan housing market. I wish I could preview what the candidates would say about the current housing recession in our country, but they really haven't said anything, so I don't have a clue what to tell you. I do know this: the neighborhood I have been standing in is what I like to call "America." Friendly folks, living on nice little manicured lawns in nice little brick and shingled houses.
I'm in Dearborn, MI today, preparing for our all-out coverage of the Republican debate tomorrow. No, don't worry, I haven't jumped over to the dark side of reporting, that being politics. I'm here to give a bit of a snapshot of the Michigan real estate market.
I received this response from a gentleman in Portland, Ore., to my previous post on housing and immigrtion. He happens to be a mortgage consultant. He's absolutely right. All of this seems to come right back to the lenders:
There’s an interesting article in the Washington Post today about immigration and housing being linked. This is not the first time I’ve discussed this, but generally we talk about it in terms of rising demand for housing. This article discusses how in Prince William County, VA, home prices and a rising Hispanic population went hand in hand.
I'm on day two of my shoot for "Business Nation," focussing on just what caused the Miami condo market to rise and fall so fast. Today, I met Mark Zilbert, founder of condoflip.com, which he has of course renamed condosupercenter.com.
I'm in Miami today, shooting a piece for "Business Nation" which won't air until November, but I'll say this now: you want a poster child for the housing crash, its right here in front of me in all its towering glory.
So I just received a press announcement from Washington Mutual, “unveiling a new, industry-leading standard for mortgage brokers” with whom they do business. Ok, great I say! Good for you guys, implementing new groundbreaking standards to clean up the mortgage business once and for all. I read on.
There’s been a lot of talk in the last few days about what you should do if you’re looking to play the real estate market today. Jim Cramer said on the "Today" Show Wednesday, “Don’t you buy now. Don’t you dare buy a home now. You will lose money.”
Forgive me for posting a little bit late today, but I’ve been waiting for a call back from the press contact at D.R. Horton all morning, and now that it’s afternoon, I’ve decided to give up. I called the company (three times) to ask for a bit more information regarding an auction of 53 new D.R. Horton-built homes in San Diego this weekend.
I’m about to infuriate my bosses. Here goes: I’m sick and tired of all the anchors on all the shows on CNBC today being told to ask all the housing “experts,” including me, if we’ve hit bottom yet in this particular housing recession. It’s a ridiculous question because there is no legitimate answer.