104 - Intel interim CEO Bob Swan; Plus, Real Estate Insight for 2019
When Intel found itself without a CEO, the board of directors turned to Bob Swan, the chief financial officer, to keep the company running. That was six months ago. A few days ago Swan and I sat down at the Nasdaq MarketSite in New York to discuss a tumultuous year, an ongoing transformation, his path to the top of corporate finance, and more.
But first, on the Fortt Knox live show this week, it’s the most expensive purchase many of us even consider: a place to live.
As we head into 2019, a complicated landscape in real estate: For a decade in a rebounding U.S. economy amid cheap loans, home prices have marched steadily higher. When the market bottomed in February 2009, the median sale price for a home was $140,000. Last month it was nearly $258,000.
That might sound OK if you’re looking to sell a home, but not so fast: Interest rates are creeping higher, reducing how much buyers can borrow. And the number of homes for sale is rising, giving shoppers more homes to choose from. Are we heading into a healthier housing market? Or a more dangerous one?
Joining me to talk real estate I have the very best: CNBC’s Diana Olick, Realtor.com CEO Ryan O’Hara, and real estate agent Josh Flagg of Bravo’s Million Dollar Listing Los Angeles. Season 11 kicks off January 3.
Create your
podcast in
minutes
It is Free