Diana Olick
Senior Real Estate and Climate Correspondent at CNBC
@dianaolick.bsky.social @CNBC Senior Climate and Real Estate Correspondent https://t.co/covxXmzXFb.
Articles
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1 week ago |
cnbc.com | Diana Olick
A "For Sale" sign stands at a house in Miami, Florida, U.S. April 16, 2025. Marco Bello | ReutersWeak consumer sentiment is weighing hard on the housing market, as potential homebuyers pull back. Applications for a mortgage to purchase a home dropped 3% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Volume was still 14% higher than the same week one year ago.
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1 week ago |
nbcnews.com | Diana Olick
Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers - and consequently on the nation's homebuilders. Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. The index stood at 43 in June 2024. Analysts had been expecting a slight improvement, given recent tariff negotiations and pullbacks by the Trump administration.
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1 week ago |
flipboard.com | Diana Olick
3 hours agoJoin The ‘Poor Club’: How To Look Poor On Paper While Staying Rich In RealityJamie Farmer is Managing Partner of Financial Strategies Group, a life insurance industry leader providing clients with practical solutions. In a society where financial statements, tax returns and estate filings can be used against you, it may be time to change tactics.
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1 week ago |
cnbc.com | Diana Olick
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2 weeks ago |
cnbc.com | Diana Olick
A home is seen for sale on April 24, 2025 in Austin, Texas. Brandon Bell | Getty ImagesMortgage interest rates barely moved at all last week, but demand from homebuyers as well as those looking to refinance a current home loan increased. Total mortgage application volume rose 12.5% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. An additional adjustment was made for the Memorial Day holiday.
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More #office space is being removed than added for the first time in at least 25 years https://t.co/rnD6afSzKD @CBRE #realestate #realestateinvesting #economy #Jobs
#HurricaneSeason begins today. If you're an investor, in anything, read this: JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change https://t.co/3vMLTHlLdQ
JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change https://t.co/3vMLTHlLdQ See new video!