Realtor group agrees to cut commissions. Here's the financial impact.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Watch CBS News
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
While the volatility in mortgage rates remains, there are signs that the housing market is starting to stabilize.
US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit 5%.
The 30-year fixed-rate mortgage averaged 5.27% in the week ending May 5, up from 5.10% the week before. It is the highest since 2009 and well above the 2.96% average from this time last year.
A 15-story office tower in the heart of downtown that has sat vacant for years will be converted into an apartment building with 220 units, developer Trademark Properties and local investor Prab Thangarajah said.
Mayor Brandon Scott announced on Friday that he would steer $100 million from American Rescue Plan Act funds toward addressing the thousands of vacant and dilapidated houses that haunt Baltimore—like the one that killed three firefighters in January.
Black homeownership, at 43.4%, remains lower than it was a decade ago. And it is nearly 30 percentage points behind the white homeownership rate of 72.1%
City housing officials say that when it comes to solutions for reducing the number of vacant houses in Baltimore—from demolition to rehabilitation—the demand exceeds the resources.
The former Maryland home of boxing legend Mike Tyson recently sold for $4.575 million.
The former Maryland home of boxing legend Mike Tyson recently sold for $4.575 million.
Ravens running back Gus Edwards bought a home for his mom.
A unique home that defines floor-to-ceiling windows is on sale in Monkton for $1.7 million dollars.
This unique home in Monkton is on sale for $1.7 million.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
At 2105 Erdman Avenue, sits a sea green two bedroom, 1.5 bath home with a Miami flair.
Each week, John Peters does yard work for neighbors, shuttles friends to doctors' appointments and works as a janitor at Crossroads Church of God.
One of the most expensive zip codes for housing in the country is in Maryland.
The Fell's Point home featured in the classic romantic comedy "Sleepless in Seattle" is on sale for $575.000.
Baltimore rent takes up to 44 percent of entry-level teachers' income, a new Zillow analysis finds.
Amazon's Virginia headquarters is years away from becoming a reality, but it's already driving up housing prices.
A Baltimore realtor is having a little fun with the recent attention the city's gotten with its rat problem.
Since 2017, there have been 164 complaints resulting in 56 correction notices and citations of a proposed $13,200 in fines, according to Baltimore County spokesman T.J. Smith.
The baseball player spent his whole 19-year career with the Orioles. He entered the Hall of Fame in Cooperstown, New York, in 1990.
Maryland State Fair attendees can look forward to a brand new venue on the fairgrounds.
Through a translator, 22-year-old Dulce Consuelo Diaz Morales spoke publicly for the first time about her fight to prove her citizenship and a new ICE requirement that she now must wear an ankle monitor.
Two massive fires broke out in Baltimore County on Friday night, injuring and displacing residents.
Baltimore police are advising residents in the Charles Village area to be more vigilant, as an increased number of burglaries have taken place.
Three members of the Zizians, a cultlike group linked to six deaths across the U.S., were granted permission to work together for their upcoming Maryland trial on trespassing, weapons and drug charges.
Multiple people have been transported to the hospital following a two-alarm fire incident in Essex.
Sunday is a First Alert Weather Day, with a greater chance of accumulating snow on the eastern shore.
Three members of the Zizians, a cultlike group linked to six deaths across the U.S., were granted permission to work together for their upcoming Maryland trial on trespassing, weapons and drug charges.
Through a translator, 22-year-old Dulce Consuelo Diaz Morales spoke publicly for the first time about her fight to prove her citizenship and a new ICE requirement that she now must wear an ankle monitor.
Baltimore police are advising residents in the Charles Village area to be more vigilant, as an increased number of burglaries have taken place.
The Ravens said they "clearly made an error" and won't appeal the ruling.
A Howard County Police officer responded to a call last weekend that really got his goat.
Chilly night ahead with some frost possible west of I-95. Warmer weather returns this weekend.
Storm threat continues Thursday with high heat added to the mix too during the afternoon.
Drought conditions in Maryland have improved after several rounds of wet weather in May.
Marty Bass visits the Maryland State Fairgrounds to talk about Jurassic Quest.
WJZ is looking forward to Monster Jam, which is being held at Baltimore’s CFG Bank Arena.
Celebrate National Strawberry Ice Cream Day at Prigel Family Creamery in Glen Arm.
WJZ is live at Hotel Revival checking out what inspired hotel’s approach to Dry January this year.
Marty Bass is at Rye Street Tavern to learn about Baltimore’s Oyster Recovery Partnership.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Negotiations are ongoing, but John Harbaugh is expected to end up coaching the New York Giants.
The Baltimore Ravens have interviewed Los Angeles Chargers defensive coordinator Jesse Minter and Cleveland defensive coordinator Jim Schwartz for their head coaching vacancy.
The Towson Tigers have a big test on Thursday night when they welcome CAA preseason favorite Charleston to SECU Arena.
John Harbaugh was fired by the Ravens on Tuesday, Jan. 6, after he completed his 18th season in Baltimore.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
Democratic Rep. Steny Hoyer of Maryland will not seek reelection, CBS News has confirmed — ending a congressional career that stretches back to the early 1980s.
Aldrich Ames was a counterintelligence officer for the CIA who spied for the Soviet Union and later Russia.
Ousted Venezuelan President Nicolás Maduro and his wife appeared before a judge in New York to face charges related to drug trafficking after the U.S. military attack on Venezuela.
Nicolas Maduro and his wife are expected to face federal charges related to drug trafficking and working with gangs designated as terrorist organizations.
Nearly 200 families were expected to shop at the 10th annual Christmas Store, hosted by the University of Maryland, Baltimore, and The Foundry Church on Friday.
After a loved one became a victim of sexual assault, a Maryland family is on a mission to prevent it among teens.
Over 400 future star chefs took over Baltimore on Saturday for a National Culinary Cook-off.
Chopped Broadway Bodega & Deli is making its mark as the first Black- and women-owned bodega in Fells Point, bringing the unmistakable flavors of a classic New York bodega to Baltimore.
'I Believe in Me Girls' held its fifth annual workshop on Saturday to empower young women while introducing them to a variety of career opportunities in the creative industry.
Senator Kagan said this bill will limit what she calls "bait and switch" and price gouging.
The Maryland Department of Emergency Management increased the State Activation Level from Normal to Partial on Friday morning in response to a Microsoft outage that has paralyzed systems worldwide.
Neighbors in one west Baltimore neighborhood are figuring out what to do for groceries, due to the Giant Food location in Edmondson Village closing next month.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
The U.S. Drug Enforcement Administration is asking to move marijuana to Schedule III, alongside ketamine and some anabolic steroids
New flights to both U.S. and Caribbean destinations are coming to BWI in 2026.
After three decades of serving customers on the Baltimore waterfront, The Cheesecake Factory is closing its Inner Harbor location.
The company voluntarily issued the recall on September 23.
The Baltimore Tech Hub, one of 31 federal "Tech Hubs" designated last year, was skipped for a cut of $504 million in the first round of funding for the program.
Primanti Bros. on Tuesday announced plans to expand to the Baltimore region this spring.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The company voluntarily issued the recall on September 23.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
After WJZ shed light on a rat infestation plaguing one Towson community, Baltimore County officials say they are now taking action.
Recalled supplemental shakes were distributed to hospitals and long-term care facilities nationwide, federal officials say.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Director Rob Reiner and wife, Michele, were found dead in their Los Angeles home, sources told CBS News, in what police called an apparent homicide.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
Paramount Global and Skydance Media agreed to merge last year.
Cutter Martin has your Friday evening forecast | 1/16/2026
Maryland could see some light snowfall and rain showers on Saturday as two weather systems move into the area.
Sunday is a First Alert Weather Day, with a greater chance of accumulating snow on the eastern shore.
WJZ-TV meteorologist Steve Sosna has your latest weather forecast.
Tracking snow chances in Maryland this weekend
Two massive fires broke out in Baltimore County on Friday night, injuring and displacing dozens residents.
Baltimore police are advising residents in the Charles Village area to be more vigilant, as an increased number of burglaries have taken place.
Through a translator, 22-year-old Dulce Consuelo Diaz Morales spoke publicly for the first time about her fight to prove her citizenship and a new ICE requirement that she now must wear an ankle monitor.
BGE customers reporting dramatic rise in bills; BGE says it happens every winter
Mimi Dipietro Ice Rink at Patterson Park temporarily reopens on Saturday