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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 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.

More

  • Housing Market Downturn Query: Your Email Replies Tuesday, 10 Jul 2007 | 3:25 PM ET

    A few days ago I asked why the home builders didn’t see this downturn in the housing market coming. Apparently, the question struck a chord with a lot of you out in the realty trenches: Larry W. writes: As a builder myself, I'll admit that I had a very uneasy feeling - here in suburban Chicago - back in the summer of '05. Sales of the $300,000 homes were beginning to slide, and demand was evaporating in the summer heat. For ourselves, we decided to re-tool - to examine the market and go where our competition was not - into lower cost housing product. Our belief was that market demands were shifting, and that by going to a lower cost, more affordable product we would have see better opportunity in the years ahead.

  • Housing Crash? Not For The $100 Million Home Buyer Tuesday, 10 Jul 2007 | 11:27 AM ET
    William Randolph Hearst's old home.

    Newsflash for all you buyers in the $100m+ range: Leonard M. Ross, an attorney-investor in Beverly Hills just put his pad up for sale, retail price, $165m. It’s William Randolph Hearst’s old place; you know, the pink stucco one shaped like an H. They used to call it “Beverly House.”  Stats: six residences, 29 bedrooms, 3 pools, movie theater, disco, 6 acres north of Sunset Blvd.

  • Home Price Corrections: Is Worse Yet To Come? Monday, 9 Jul 2007 | 12:59 PM ET

    Ok, so we all know that home prices are in the midst of a correction. After a 49% increase in the median price of a home from 2000 to 2005, well, something had to happen, right? But that doesn’t tell the whole story, because, yet again, that’s one of those big national numbers that really doesn’t mean anything to you and me and the price of our homes.

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