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SitusAMC Releases "On the Hill" Podcast Episode Featuring Diana Olick, Emmy Award-Winning Journalist and CNBC Senior Climate and Real Estate Correspondent

March 2023

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mediarelations@situsamc.com

New York, NY – SitusAMC is pleased to announce the release of the latest episode of "On The Hill," a podcast hosted by Tim Rood, Head of Government and Industry Relations at SitusAMC, featuring Emmy Award-winning journalist Diana Olick, who serves as CNBC's senior climate and real estate correspondent. 

In this wide-ranging conversation, Rood and Olick discuss: 

  • rising interest rates, the failures of Silicon Valley Bank and Signature Bank, turmoil in the sector, and how stresses on regional banks could reverberate throughout the real estate industry; 

  • the ever-increasing role of the federal government in the housing market, both owner-occupied and rental; 

  • the outlook for multifamily and institutional rental housing industry, which emerged from the global financial crisis of 2008; 

  • and fresh innovations in tech for real estate and the reduction of greenhouse gas emissions, among other topics. 

Listen to the episode here

"I think the housing market right now is in a really tough spot," Olick told Rood. "It's still incredibly expensive, despite the fact that mortgage rates have pulled back a little bit. Buyers out there are finding very little on the market. It's affordability plain and simple. It's rough for first-time buyers, and for sellers -- a lot of folks are sitting out there with 2.9% on a 30-year fixed and do they want to trade that for 6.5% and move to something else? I don't think so."  

"On the Hill" is SitusAMC's podcast series, featuring leading policymakers, economists and other experts on hot topics and agendas coming out of Washington, D.C., and their implications for housing and housing finance. Previous guests have included former FDIC Chair Sheila Bair; MBA President and CEO Bob Broeksmit; former FHFA Director Mark Calabria; Kristy Fercho, Head of Wells Fargo Home Lending and MBA Chair; former CFPB Director Kathleen Kraninger; Craig Phillips, former Counselor to the U.S. Treasury Secretary; and Economist Mark Zandi, among others.  

In this episode, Olick also describes the turn of events that launched her journalism career in the former Soviet Union, and how she convinced CNBC to start real estate and climate beats. Prior to joining CNBC, Olick spent seven years as a correspondent for CBS News, reporting for the “CBS Evening News with Dan Rather” and “The Early Show” and contributing pieces to “48 Hours” and “Sunday Morning.” She covered Oklahoma City bombing, the Jon Benet Ramsey murder case, and Mikhail Gorbachev's 1996 Russian presidential campaign.   

Listen to the episode here: https://www.situsamc.com/resources-insights/podcasts/hill-episode-19-diana-olick

The release of this podcast report underscores SitusAMC’s commitment to powering the lifecycle of real estate finance. The analysis and insights provided in this podcast are invaluable to those seeking to stay informed and competitive in today's fast-paced business environment.  

Listen to the podcast series here: https://www.situsamc.com/resources-insights/series/on-the-hill

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About SitusAMC  

SitusAMC (www.situsamc.com) is a leading independent provider of technology, strategic outsourcing, talent and advisory solutions to the commercial and residential real estate finance industries. The company helps clients identify and capture opportunities in their real estate businesses through industry-leading services and innovative technologies that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity.  

  

Press Contact:  
Andy Garrett  
Head of Marketing  
andygarrett@situsamc.com  

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