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Diana Olick

@dianaolick.bsky.social
1.3K followers 45 following 82 posts

Senior Climate and Real Estate Correspondent with 20+ years @CNBC. Specials include Rising Risks, a long form series on the climate risks and Clean Start, a bi-monthly series on climate start-ups. Trying to be a better earthling.

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Diana Olick @dianaolick.bsky.social · 29/09/2026
Here's why homeowners aren't tapping the record amount of cash in their homes: @cotality.bsky.social www.cnbc.com/2026/09/29/h...
cnbc.com
Property Play: Homeowners are sitting on record equity – and not using it
U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years. But they aren't spending much of it.
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Diana Olick @dianaolick.bsky.social · 25/09/2026
#Mortgage rates can move pretty dramatically, even across a day... www.cnbc.com/2026/09/24/3...
cnbc.com
30-year fixed mortgage rate jumps sharply Thursday to 7.45%
The 30-year fixed rate surged to 7.45%, the highest level since April 2024 as bonds sold off and yields rose.
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Diana Olick @dianaolick.bsky.social · 23/09/2026
Not surprising, given where rates have been lately, but important as a broader read on the #economy #affordability and the struggling consumer. #realestate #realestateinvesting #housing #interestrates #fed www.cnbc.com/2026/09/23/n...
cnbc.com
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.
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Diana Olick @dianaolick.bsky.social · 22/09/2026
Today's free Property Play newsletter is out, with reaction to the #Fed and interest rates from top #realestate leaders. CEOs of Walker & Dunlop, @pultehomes.bsky.social @suncommunities.bsky.social and analyst Ivy Zelman. Get it straight to your inbox. Link in letter. link.cnbc.com/public/47582...
link.cnbc.com
I will tell you that during the process, I was everything I advise consumers not to be. I was emotional, hypersensitive, reactionary and impatient. Now you get why I didn’t write about it at the time. Sorry X/Instagram/BlueSky.
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Diana Olick @dianaolick.bsky.social · 16/09/2026
www.cnbc.com/2026/09/16/m...
cnbc.com
Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher
Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.
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Diana Olick @dianaolick.bsky.social · 15/09/2026
Exclusive from this morning's Property Play newsletter: www.cnbc.com/2026/09/15/d...
cnbc.com
Potential AI slowdown is not ‘end of the world’ for data center real estate, says Digital Realty CEO
Digital Realty and Equinix, two of the largest data center REITs, saw their stocks slump after warnings over AI advancements.
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Diana Olick @dianaolick.bsky.social · 10/09/2026
www.cnbc.com/2026/09/10/3...
cnbc.com
30-year fixed mortgage rate tops 7% for the first time in over a year
The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.
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Reposted by Diana Olick
CNBC @cnbc.com · 26/08/2026
As the residential real estate market continues to lose steam, competition is weakening, and cash is no longer necessary to win a deal. More: cnb.cx/46r40RC
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Diana Olick @dianaolick.bsky.social · 08/09/2026
#Rental demand is a leading indicator of future home sales, and here is where #renters are heading. It's a great crystal ball for investors in both single family and #multifamily #housing. **Make sure you're signed up for the free Property Play newsletter. link in story www.cnbc.com/2026/09/08/r...
cnbc.com
Here’s where rental demand is heading and what it means for future home sales
As U.S. rent prices rise, more tenants are relocating to cheaper markets, according to a new report by Zillow.
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Diana Olick @dianaolick.bsky.social · 08/09/2026
This week's Property Play newsletter is out! AND podcast with Nima Ghamsari, CEO of Blend. His company, which aims to streamline the #mortgage process, nearly folded when interest rates rose in '22. Hear how he brought it back from the brink and his next big play. www.youtube.com/watch?v=o2De...
youtube.com
Property Play: How the CEO of mortgage tech firm Blend revived his business after disaster
YouTube video by CNBC Television
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Diana Olick @dianaolick.bsky.social · 16/07/2026
www.cnbc.com/2026/07/16/h...
cnbc.com
Here's why the housing market is hurting so much this summer
Mortgage rates are high, home prices at record levels and consumers stressed. These are all contributing to a drop in existing home sales and builder sentiment.
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Diana Olick @dianaolick.bsky.social · 02/06/2026
It's Property Play day, and we've got an incredible podcast with legendary #realestate investor Sonny Kalsi of BGO and Sun Life. He gives strategies on every sector and has some remarkable insights on AI vs. EQ. Sign up for the free weekly newsletter. Link in the page. www.cnbc.com/video/2026/0...
cnbc.com
Property Play: Sonny Kalsi on AI, apartments and the data center debate
Diana Olick sits down with a global real estate investment heavyweight, Sonny Kalsi, CEO of SLC Management.
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Diana Olick @dianaolick.bsky.social · 27/05/2026
www.cnbc.com/2026/05/27/m... #realestate #realestateinvesting #housing
cnbc.com
Mortgage refinance demand drops 18% as rates hit highest level since August
Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.
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Diana Olick @dianaolick.bsky.social · 26/05/2026
This latest step in 3D printed homes is a big one. It shows real institutional backing for the technology. Check out the link to look inside a home...it has 4M+ views already on YouTube! www.cnbc.com/2026/05/26/w... #realestate #realestateinvesting #housing #3Dprinting #mortgage
cnbc.com
Wells Fargo to offer mortgage incentives on 3D printed homes with Icon
Wells Fargo will provide a 50 basis point lender credit to buyers of Icon homes using its mortgages.
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Diana Olick @dianaolick.bsky.social · 20/05/2026
www.cnbc.com/2026/05/20/r...
cnbc.com
Rising mortgage rates cause surge in demand for riskier loans
Mortgage rates continued to rise last week, causing more borrowers to head to adjustable-rate loans, which are cheaper but considered riskier.
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Diana Olick @dianaolick.bsky.social · 19/05/2026
Heading up toward a 7 handle...interesting commentary here from homebuilding analyst on how builders see this. www.cnbc.com/2026/05/19/m... #mortgage #mortgagerates #housing #realestate #realestateinvesting
cnbc.com
Mortgage rates surge to highest level since July
Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.
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Diana Olick @dianaolick.bsky.social · 19/05/2026
Sometimes a story just hits... I love the under-the-radar aspect of this one, esp for individual investors. #Tax breaks rule. The latest from the weekly Property Play newsletter. If you're not signed up, click the link in the story. #realestate #realestateinvesting www.cnbc.com/2026/05/19/c...
cnbc.com
Here’s why car wash real estate is cleaning up
The car wash business has evolved markedly over the last decade as private equity investors flock to the recurring revenue.
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Diana Olick @dianaolick.bsky.social · 27/01/2026
This comes after news that sellers were pulling their homes off the market at a high rate as well www.cnbc.com/2026/01/27/h...
cnbc.com
Homebuyers are backing out of deals at the fastest pace in nearly a decade
More than 16% of signed contracts on homes in December were cancelled, as consumers face continued uncertainty in the economy and rising inventory.
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Diana Olick @dianaolick.bsky.social · 17/12/2025
This went out yesterday in the Property Play newsletter. Today, the news from Oracle/Blue Owl...it all plays into the same warning. #realestate #realestateinvesting #AI #datacenters www.cnbc.com/2025/12/17/b...
cnbc.com
Why this billionaire real estate developer is waving a red flag over data centers
While big players such as Blackstone, KKR and Bain Capital are buying in, Fernando de Leon, founder of Leon Capital Group, said he is sitting out.
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Diana Olick @dianaolick.bsky.social · 12/12/2025
Falling home prices don't just impact buyers and sellers. They impact home equity, which changes the economic equation for each and every homeowner. Consumer spending could take a hit. #realestate #realestateinvesting www.cnbc.com/2025/12/12/h...
cnbc.com
Homeowners are losing thousands in equity thanks to weakening prices
Weaker prices mean homeowners are starting to lose equity after several years of huge gains.
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Diana Olick @dianaolick.bsky.social · 11/12/2025
This new data set measures home prices on a daily basis. They use a very high tech method that measure a ton of different data points at once. Interesting to watch... www.cnbc.com/2025/12/11/u...
cnbc.com
Home prices go negative for the first time in over 2 years — and may stay that way for a while
Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.
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Diana Olick @dianaolick.bsky.social · 02/12/2025
NEW DATA: #Apartment oversupply and a weaker consumer are proving a double whammy to the multifamily market. Great for renters. How will it affect Fed rates? REIT stocks? All in this week’s Property Play newsletter. Sign up at the link in the story. It’s free! www.cnbc.com/2025/12/02/a...
cnbc.com
Apartment rents drop further, with vacancies at record high
A good supply of new multifamily units is coming online at a time of much weaker demand.
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Diana Olick @dianaolick.bsky.social · 02/09/2025
It's Tuesday, so it's Property Play day! This week I have some breaking news...brand new numbers on the recovery in #Manhattan #office. It was barely two years ago, when doing office conversion stories, that we were mourning the death of work-from-office. Not so much. www.cnbc.com/2025/09/02/m...
cnbc.com
Manhattan office leasing on track to hit highest volume since 2019
Manhattan office leasing increased more than 20% in August compared with July to 3.7 million square feet, according to a new report from Colliers.
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Diana Olick @dianaolick.bsky.social · 28/08/2025
Interesting how growing consumer concern/angst over the #economy is seeping not just into homebuying decisions, but giving people "cold feet" even after they decide to buy. #Mortgage rates did drop slightly in August. Curious to see if that moves the needle at all. www.cnbc.com/2025/08/28/p...
cnbc.com
Pending home sales tick lower in July as canceled contracts spike
Redfin found 15% of contracts were canceled in July, the highest rate since it began tracking the metric in 2017.
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Diana Olick @dianaolick.bsky.social · 19/08/2025
The latest from our Property Play weekly newsletter. Get it straight to your inbox -- sign up at the link(s) in the story. www.cnbc.com/2025/08/19/s...
cnbc.com
The senior living market can’t keep up with demand as boomers age
More than 4 million boomers will hit 80 in the next five years, and occupancy at both active adult and assisted living communities is already rising fast.
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Diana Olick @dianaolick.bsky.social · 28/07/2025
Did you hear about how #office tenants use body heat to optimize their usage? Or so-called 'accidental landlords' going up against big name rental #REITs? That was last week. Don't miss out on the next Property Play newsletter coming out tomorrow! @cnbc.com #realestate #realestateinvesting #CRE
cnbc.com
Join Newsletter
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Diana Olick @dianaolick.bsky.social · 23/07/2025
This seems to be the hot topic du jour on our air, but honestly, it doesn't move the needle on the big issues in the #housing market. Here's why: www.cnbc.com/2025/07/23/w...
cnbc.com
Why cutting capital gains tax on home sales wouldn't solve the country's housing issues
President Donald Trump has suggested eliminating the capital gains tax on home sales. That would largely benefit the high end of the housing market.
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Diana Olick @dianaolick.bsky.social · 23/07/2025
Price gains are shrinking, and the median is definitely skewed due to the fact that sales are much stronger on the higher end of the market. The $1M+ range seems to have recovered from its brief spring swoon from stock market volatility. #realestate #housing #mortgage www.cnbc.com/2025/07/23/j...
cnbc.com
June home sales drop as prices hit a record high
Existing home sales in June fell more than expected, as prices hit another record high and mortgage rates remain high. Supply, however, is growing.
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Diana Olick @dianaolick.bsky.social · 22/07/2025
It's Property Play Tuesday! If you've already signed up for the weekly newsletter, then you've seen this super cool story. If not, here's a taste of what we're offering. Sign up at www.cnbc.com/propertyplay #realestateinvesting #office #realestate www.cnbc.com/2025/07/22/b...
cnbc.com
How companies are using body heat sensors to make offices more efficient and hospitable
Butlr uses body heat to track physical interactions and movement in the workplace. This helps clients save money through office efficiencies.
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Diana Olick @dianaolick.bsky.social · 10/07/2025
Super excited to announce the launch of my new #realestate platform on CNBC. If you're a real estate investor... www.cnbc.com/2025/07/10/c...
cnbc.com
CNBC Launches Property Play Vertical Focused on the Real Estate Investor
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Diana Olick @dianaolick.bsky.social · 25/06/2025
Here's what's behind the steep drop in sales of newly built homes: #homebuilders #housing #realestate #realestateinvesting
cnbc.com
Sales of new homes tanked in May, pushing supply up to a 3-year high
New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.
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Diana Olick @dianaolick.bsky.social · 25/06/2025
Sales of newly built homes in May dropped a sharper than expected 13.7% from April. Sales -6%yy. Slowest pace since 10/24. Sale price +3%yy. 9.8-month supply, up 15% yy. #realestate #realestateinvesting #homebuilding
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Diana Olick @dianaolick.bsky.social · 23/06/2025
Slowest May pace since 2009! But prices still higher than a year ago, because supply is still lean. Smallest price gain, however, since 2023, when prices briefly went negative annually due to higher #mortgage rates. #housing #realestate #realestateinvesting #mortgagerates #interestrates
cnbc.com
May home sales increase very slightly, but prices hit another record high
Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.
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Diana Olick @dianaolick.bsky.social · 17/06/2025
Getting into ugly territory, as stubbornly high #mortgage rates and overall economic uncertainty hit consumers. The street had been looking for improvement, given tariff negotiations...but alas... #realestate #realestateinvesting #housing #homebuilders
cnbc.com
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Sentiment among the nation's homebuilders fell due to stubbornly higher mortgage rates, tariff concerns and economic uncertainty among consumers.
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Diana Olick @dianaolick.bsky.social · 02/06/2025
For the first time in recorded history, more #office buildings are being converted to residential or destroyed than are being built. That's the new working world order. #realestate #realestateinvesting #economy #jobs
cnbc.com
More office space is being removed than added for the first time in at least 25 years
More office space is now being removed than is being added. That should help the recovery in a real estate sector that was crushed by the pandemic.
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Diana Olick @dianaolick.bsky.social · 01/06/2025
#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
cnbc.com
JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change
Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments.
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Diana Olick @dianaolick.bsky.social · 31/05/2025
One of the most fascinating interviews I've ever done. Seriously. On the eve of #hurricane season, #tornadoes moving across the South and Canadian #wildfire smoke descending on the upper Midwest, there is no more important time to focus on #climate impact on #finance #economy. @climate.noaa.gov
cnbc.com
JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change
Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments.
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Diana Olick @dianaolick.bsky.social · 22/05/2025
Commentary from the Realtors' chief economist was almost entirely concern over rising #mortgage rates. This as the administration talks about taking Fannie and Freddie out of conservatorship, which could push rates even higher. #realestate #realestateinvesting #housing #inflation #mortgagerates
cnbc.com
April home sales dropped to the slowest pace for that month since 2009
Home sales in April dropped, as consumers faced high home prices and growing concern over the economy and employment.
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Diana Olick @dianaolick.bsky.social · 21/05/2025
Average rate on 30-Yr fixed #mortgage goes back over 7% this morning. 7.05% per Mortgage News Daily.
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Diana Olick @dianaolick.bsky.social · 19/05/2025
This is terrifying. Please read/share. #climate #climatecrisis #climatechange @nytimes.com
nytimes.com
The U.S. Under Trump: Alone in Its Climate Denial
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Diana Olick @dianaolick.bsky.social · 19/05/2025
And here we are again... #realestate #realestateinvesting #mortgage #mortgagerates #downgrade
cnbc.com
Mortgage rates cross back over 7% after U.S. credit downgrade
The rate on the 30-year fixed mortgage crossed 7%, hitting its highest level since April 11.
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Diana Olick @dianaolick.bsky.social · 19/05/2025
I've been following this for a long time now -- the direct effect on home values from #climate change. This now takes it further, to #credit risk and #mortgage underwriting. Really important for every homeowner to understand. #realestate #realestateinvesting
cnbc.com
Need a home mortgage? Here's how climate change could hit your credit score
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.
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Diana Olick @dianaolick.bsky.social · 15/05/2025
You wonder why home sales are so low? Because a growing share of Americans simply can't afford it. Right. We know that. But wait 'til you see the actual numbers. #realestateinvesting #inflation #housing #realestate @rdcnews.bsky.social
cnbc.com
Here's exactly how unaffordable today's housing market is — and where it's getting worse
The housing shortage is finally easing, but even with more listings available, the market still historically unaffordable to a huge swath of buyers. Here's why.
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Diana Olick @dianaolick.bsky.social · 14/05/2025
Sometimes a story is just THAT cool...so we're giving it more time to breathe. Check out the insane visuals and the two-year journey we took to get it all. Definitely one of the most important #innovations in #housing #construction going forward. @vanapplegate.bsky.social @icon3dtech.bsky.social
youtu.be
Inside The World’s Largest 3D Printed Neighborhood
YouTube video by CNBC
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Diana Olick @dianaolick.bsky.social · 09/05/2025
First we reported on how potential homebuyers are frozen out of fear of tariffs/economy. Apparently it's also hitting #renters. #realestate #realestateinvesting #apartments #rent #housing
cnbc.com
Something 'striking' is happening with apartment renters
More renters are choosing to stay in their apartments when their leases are up.
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Diana Olick @dianaolick.bsky.social · 07/05/2025
Anchor Kelly Evans came down to DC today for #Fed coverage. We talked #mortgage rates. #realestate #realestateinvesting #interestrates
cnbc.com
Mortgage demand rises 11% weekly
CNBC's Diana Olick reports on news regarding mortgages.
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Diana Olick @dianaolick.bsky.social · 07/05/2025
I'm wondering if the April #housing freeze, brought on in part by the #liberationday stock market swings, is starting to thaw. Of course one week does not a trend make... #realestate #realestateinvesting #mortgagerates #mortgage #economy
cnbc.com
Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Mortgage demand from both homeowners and potential homebuyers moved higher last week, even though mortgage rates didn't fall very much.
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Reposted by Diana Olick
CNBC @cnbc.com · 24/04/2025
Amazon and Nvidia executives said Thursday that the construction of artificial intelligence data centers is not slowing down, as recession fears have some investors questioning whether tech companies will pull back on some their plans.
cnb.cx
Amazon and Nvidia say AI data center demand is not slowing down
Recession fears and the advent of China's DeepSeek have investors questioning whether U.S. tech companies will pull back on their data center plans.
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Diana Olick @dianaolick.bsky.social · 24/04/2025
This is just the start...all signs point to the #housing market getting worse before it gets better. I'd stop focusing on #mortgage rates so much and look at #consumersentiment and the stock market. www.cnbc.com/2025/04/24/m...
cnbc.com
March home sales drop to their slowest pace since 2009
Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
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Diana Olick @dianaolick.bsky.social · 23/04/2025
Horrendous. #climatecrisis #climatechange #climate icriforum.org/4gbe-2025/
icriforum.org
84% of the world’s coral reefs impacted in the most intense global coral bleaching event ever | ICRI
New 5-km Coral Bleaching Products - Higher spatial resolution is the improvement to NOAA Coral Reef Watch remote-sensing products most requested by coral reef ecosystem scientists and resource manager...
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