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CNBC.COM LAUNCHES INVESTOR'S GUIDE TO REAL ESTATE TODAY, THURSDAY, OCTOBER 8TH

Extensive Real Estate Report Offers Tips for Buying & Selling in Today's Housing Market and Analysis of the Housing Climate in Your Area

ENGLEWOOD CLIFFS, N.J., October 8, 2009 Amidst the current debate over whether we have hit a false bottom or whether we have hit the beginning of a full-fledged recovery, today, Thursday, October 8th CNBC.com shows you how to capitalize on the current housing market....

CNBC.com's "Investor's Guide To Real Estate," which launches today, Thursday, October 8th, offers users a comprehensive break down of today's housing market from buying and selling a home to foreclosures to investing in real estate without purchasing property. The guide also includes industry updates and special reports from CNBC's real estate correspondent Diana Olickand author of CNBC.com's "Realty Check" blog. Plus, CNBC.com features regional snapshots and analysis of the best and worst valued cities across the country.

"CNBC.com's "Investor's Guide To Real Estate" is a vast resource for users, providing them with an array of options on how to take advantage of the current real estate market," said Allen Wastler, Managing Editor, CNBC.com. "For those looking to buy or sell their homes right now this guide will serve as a pertinent source of information."

Additional features include:

Million Dollar Homes, Now and Then -- How much can $1 million buy you in today's market

Seller's Guide: How to Move a House in a Tough Market -- Now, more than ever, getting a signed contract in hand is all about price and quality

How to List and Sell Your Home Without a Realtor -- By cutting out the middle man and selling your home yourself you could walk away with tens of thousands more in your pocket

Rent Now, Buy Later Option May Be Ticket to Home Ownership -- Homeowners who are having a hard time selling their place are driving the trend, in addition to potential buyers that are finding it harder to get a loan because of tighter lending practices

America On Sale Now -- Looking at specific houses in a dozen markets that have undergone a 20% price cut in the past year

For more information log on to: http://realestateguide.cnbc.com

About CNBC:
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.