Here's how much you have to make to afford a starter home in the U.S.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The National Association of Realtors' agreement to resolve all claims against the group by home sellers related to broker commission may lead to homeowners paying a lot less to sell their homes. Tomasz Piskorski, a professor at Columbia Business School, joins CBS News with more.
State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer, nine months after announcing it wouldn't issue new home policies there.
The landmark deal, if approved by a court, could cause real estate fees to drop by as much as 30%, experts say.
Homeownership among minority groups in the U.S. rose in 2022, according to a new report from the National Association of Realtors, but headwinds remain for all people trying to buy a home. Jessica Lautz, vice president of research for the National Association of Realtors, joined CBS News to discuss the report and the hurdles stopping people from buying a home.
Mortgage rates are expected to fall slightly this year, according to real estate experts looking at the data. Jessica Lautz, the deputy chief economist and vice president of research at the National Association of REALTORS, joins CBS News to discuss if homeowners should refinance their mortgages.
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
American women have pulled ahead of men when it comes to building wealth through homeownership, according to LendingTree.
38% of Gen Z and millennials say they are having a harder time growing financial wealth compared to their parents at the same age, according to a new survey from Bankrate. Sarah Foster, an analyst at Bankrate, joined CBS News to discuss the findings.
If historic homes are the fabric of Savannah, Georgia, Mae Bowley is the thread salvaging precious materials from those about to be torn down. Janet Shamlian has the story.
Sky-high mortgage rates that scared off some potential home-buyers this year are slowly starting to drop. Rates are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief financial analyst at Bankrate, joined CBS News to discuss how much lower rates might go.
Prosecutors said the Houston-area developer served as a "one-stop shop for discriminatory lending."
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
Many homeowners are struggling to keep up with their mortgage payments amid rising costs and high inflation. Here's how to catch up.
The climbing interest rates may be keeping prospective home buyers from moving from places they may not necessarily want to live in. Felix Salmon, chief financial correspondent for Axios, joins CBS News with more.
Although some Wall Street analysts think mortgage rates may have peaked, they don't expect a sharp drop in home loan costs.
"We bought the house to start a family," Yasmin Khanam said. "...I can't start a family when you've got a house full of maggots."
More than ever, having enough insurance coverage is essential. But not all policies cover every type of extreme weather event.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
The gap between the number of White and Black homeowners in Minneapolis is one of the highest in the country. In 1968, Black homeownership in Minneapolis was 25%. This year, that figure sits below 20%.
More insurance companies are fleeing the state because of the growing threat from natural disasters.
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
New data released by the Federal Housing Finance Agency shows U.S. home prices spiked by half a percent in the month of February. Optimal Capital director of portfolio strategy, Frances Stacy, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the reasons behind the surge.
The state of Louisiana and a group of Black voters and civil rights groups asked the Supreme Court to intervene in a long-running dispute over the state's congressional map.
A lawyer for New Jersey Sen. Bob Menendez sought to pin the blame on his wife, Nadine Menendez.
The U.S. Coast Guard is responding to the oil spill, and will determine its extent and initiate "containment and cleanup processes."
Slovakia's populist Prime Minister Robert Fico was shot as he came out of a meeting and reportedly left in a life-threatening condition.
President Biden and former President Donald Trump will go head-to-head in presidential debates on June 27 and Sept. 10, their campaigns said Wednesday.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
The president and vice president are required to file public financial reports.
Angie Harmon said she heard a gunshot and rushed outside, where she found her dog had been shot, and saw the delivery person putting a gun into the front of his pants, according to the lawsuit.
Bryan Maclean Howard was charged with eight counts of driving under the influence manslaughter in a deadly Florida bus crash.
Angie Harmon said she heard a gunshot and rushed outside, where she found her dog had been shot, and saw the delivery person putting a gun into the front of his pants, according to the lawsuit.
Minneapolis Police Chief Brian O'Hara says his department is short more than 200 officers, and has lost 40% of its police force in the last four years.
Officials are "unsure where the crash started or where it ended," Williamson County Sheriff Mark Elrod told reporters.
A new study finds hospitals with a higher share of women surgeons and and anesthetists shave better patient outcomes.
The report also highlights the financial destruction that can occur when workers take unpaid time off after being hurt or tired from the job.
The report also highlights the financial destruction that can occur when workers take unpaid time off after being hurt or tired from the job.
Ransomware attack targeted a Nissan virtual private network, the automaker's U.S. subsidiary said.
Experts call for better drug testing procedures as more states legalize marijuana and societal norms change.
McDonald's CEO Chris Kempczinski said recently the company must be laser-focused on keeping prices affordable.
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
The president and vice president are required to file public financial reports.
The state of Louisiana and a group of Black voters and civil rights groups asked the Supreme Court to intervene in a long-running dispute over the state's congressional map.
Minnesota Senate Republicans on Wednesday attempted to expel embattled DFL Sen. Nicole Mitchell from the chamber Wednesday, in the wake of accusations she broke into her stepmother's home last month, but that effort failed.
New Jersey Sen. Bob Menendez may argue his wife kept him in the dark about her dealings with three businessmen.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
A new study finds hospitals with a higher share of women surgeons and and anesthetists shave better patient outcomes.
Experts call for better drug testing procedures as more states legalize marijuana and societal norms change.
Opioid overdose deaths decreased, but there was an increase in overdose deaths from psychostimulants like meth and cocaine.
Nurse practitioners have been viewed as a key to addressing the shortage of primary care physicians. But data suggests that, just like doctors, they are increasingly drawn to better-paying specialties.
Nearly 4,000 people die from accidental drowning ever year, according to the CDC.
Tens of thousands of people gathered in the Georgian capital of Tbilisi to protest the law's passage.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
Extreme heat is known as a "silent killer," and in some areas across Asia, its intensity would have been impossible without one critical factor, a new study found.
Assailants killed 2 prison convoy officers, springing the inmate they were escorting. France's prime minister vowed the suspects "will pay."
In Kyiv, Secretary of State Antony Blinken announced $2 billion in new financing for Ukraine to aid weapons delivery and fuel Ukraine's defense industrial base.
Angie Harmon said she heard a gunshot and rushed outside, where she found her dog had been shot, and saw the delivery person putting a gun into the front of his pants, according to the lawsuit.
Whoopi Goldberg described the book as a way to dispel speculations about her upbringing and to share her story on her own terms.
Brittney and Cherelle Griner shared videos from their baby shower exclusively with "CBS Mornings."
"Young Sheldon" will end its seven-year run with a two-episode series finale on Thursday, May 16, beginning at 8/7c on CBS.
Actor Iain Armitage joins "CBS Mornings" to discuss the series finale of the hit CBS show, "Young Sheldon."
The Innovation & Disruption Leaders documentary series transforms corporate buzzwords like 'tech' and 'AI' into accessible concepts. Through the power of visual storytelling, we delve into the minds of industry leaders, executives and entrepreneurs alike. Who will decide the destiny of tomorrow's business landscape? By putting business in front of the camera, these incredible films get us one step closer to the answer.
A group of TikTok creators is suing to stop a new law that could ban the social media app in the U.S. The legal challenge follows another lawsuit filed by TikTok and its China-based owner.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Google's highly-anticipated, annual developer conference began Tuesday. The event focused mainly on the company's artificial intelligence advancements. Lisa Eadicicco, senior mobile editor for CNET, joins CBS News with highlights.
The business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.
A new study suggests that the first warm-blooded dinosaurs may have roamed Earth about 180 million years ago.
Extreme heat is known as a "silent killer," and in some areas across Asia, its intensity would have been impossible without one critical factor, a new study found.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
Scientists who study such things have found that cicadas urinate in a jet stream because they consume an incredible volume of fluid during their brief time above ground.
Solar storms can dazzle, bringing displays of the northern lights to large parts of the globe. But geomagnetic storms can also affect electronic systems.
Minneapolis Police Chief Brian O'Hara says his department is short more than 200 officers, and has lost 40% of its police force in the last four years.
Assailants killed 2 prison convoy officers, springing the inmate they were escorting. France's prime minister vowed the suspects "will pay."
Bryan Maclean Howard was charged with eight counts of driving under the influence manslaughter in a deadly Florida bus crash.
The bloodshed in Chiapas marks at least the fourth mass killing in Mexico in about a week.
Florida officials say a "vessel of interest" has been identified in connection with a deadly hit and run that killed a 15-year-old ballerina who was waterskiing over the weekend. Cristian Benevides has the details.
The large explosion of energy and light from the sun comes just days after Earth was slammed with the biggest geomagnetic storm in more than 20 years.
WASP-193b is 50% larger than Jupiter — the largest planet in our solar system — but seven times less massive because of it's extraordinarily low density.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
The oxygen valve that derailed a launch try last week has been replaced, but engineers want more time to verify an unrelated helium leak has been fixed.
The forecasted conditions come after a weekend of jaw-dropping northern lights seen as far south as Florida and as "magnetically complex" sunspots bigger than Earth continue to emit solar flares.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
The Supreme Court ruled Wednesday that Louisiana can use a newly-drawn House map that includes a second district with a majority of Black voters. The decision comes after a lower court recently called the map unconstitutional racial gerrymandering. CBS News congressional correspondent Nikole Killion has more.
Presidential debates have become a standard part of the four-year contest, but this contest is anything but standard. With two debates finally on the calendar, the two qualifications for a good debate are also two issues totally up for grabs in U.S. democracy. CBS News chief political analyst John Dickerson explains.
Higher cocoa prices are hitting chocolate lovers' wallets. CBS News reporter Taurean Small explains what's driving the increase, and what chocolate brands are doing to adapt.
Many high school seniors in 2020 never got to participate in a big graduation ceremony due to the COVID-19 pandemic. Now, four years later, caution about protests over the war in Gaza means some won't get a college ceremony either. CBS News' Meg Oliver reports on the "no graduation" generation.
Between dual overseas wars, rising competition with China and a struggle to find consensus on southern border policy, the next president will be tasked with handling many homeland security issues. CBS News national security contributor Sam Vinograd joins to discuss some of the major challenges the winner of the November election will face.