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.
Research suggests that wearable devices could detect early changes linked to pregnancy, sometimes before someone takes a pregnancy test.
Under the program, Perdue will donate 1,300 meals to the Maryland Food Bank for every 100 rushing yards the Ravens gain during the 2026 NFL season.
Maryland Gov. Wes Moore said the Francis Scott Key Bridge will be built on time, on budget, and with safety in mind, calling it a national priority.
A Baltimore family is pleading for the city's help as their matriarch continues to deal with issues they believe stem from vacant houses next door.
Two men are accused of illegally selling photoshoots featuring exotic animals, including a baby spider monkey and a lemur, in Baltimore County.
Two men are accused of illegally selling photoshoots featuring exotic animals, including a baby spider monkey and a lemur, in Baltimore County.
Tuesday is a First Alert Weather Day.
Maryland Gov. Wes Moore said the Francis Scott Key Bridge will be built on time, on budget, and with safety in mind, calling it a national priority.
Police said at least two suspects got out of a vehicle and fired multiple shots at a group of six people in the 2600 block of Hollins Ferry Road.
A Baltimore family is pleading for the city's help as their matriarch continues to deal with issues they believe stem from vacant houses next door.
Aberdeen Police said the young girls were found in unsafe and unsanitary living conditions inside the home on Northeast Road.
Maryland is under a Code Purple air quality alert today, as smoke from several Canadian wildfires creates hazy and unhealthy conditions.
At least one homeowner is displaced by the damage, and neighbors are now looking to clean up the mess that was left behind on North Dundalk Avenue.
BWI officials say the airport will remain fully operational and flight schedules have been modified to accommodate the work.
Maryland will be under a "code red" air quality alert on Friday, as smoke from Canadian wildfires continues to make its way into the Mid-Atlantic.
WJZ-TV's Caroline Foreback joins us from a volunteer event at the Maryland Food Bank where the Baltimore Ravens and Perdue are announcing a new multi-year partnership.
WJZ is live in Annapolis with reigning Miss Teen USA, Mailyn Marsh, talking about her win, the upcoming pageant and what an honor it is to wear a handcrafted crown created by Bloomstone.
Baltimore Homecoming, a local nonprofit organization, opened nominations for its 2027 Homecoming Heroes Program, which will award three finalists the largest cash prize in the history of the program -- $20,000 each, supported by the T. Rowe Price Foundation.
Freddie Jordan, Senior Marketing Manager, joins us with Hape's latest collection of toys that are perfect to keep kids occupied this summer.
Friendly's is celebrating National Ice Cream Day on July 19th by giving every guest a FREE cone or dish of Friendly's ice cream.
Brandon Young allowed one run over seven innings, Coby Mayo homered, and the Baltimore Orioles extended their season-best winning streak to seven games by beating the Houston Astros 5-2 on Sunday.
Spain dominated the match, outshooting Argentina 20-3, but couldn't manage a goal in regulation — finally scoring in the second period of extra time.
Baltimore's winning streak is its longest since May 30 to June 5, 2025.
The Orioles' schedule was released on Thursday, highlighted by eight Interleague opponents at Camden Yards and 13 home weekend series.
An errant pitch from Royals reliever Lucas Erceg that struck Baltimore's Blaze Alexander on the left hand resulted in both dugouts and bullpens emptying onto the field near home plate during the seventh inning of the Orioles' 8-2 victory.
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
The Iraqi leader was in Washington to meet with President Trump.
The measure also allows states to opt out if they take action before the federal law is enacted.
President Trump paid tribute to the late senator Lindsey Graham, a Republican from South Carolina, who had just returned from a trip to Ukraine.
Eight months ago, Hegseth told top military leaders there would be "no more beardos" and "fat troops."
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.
Baltimore County Restaurant Week kicks off its summer 2026 edition on Friday, July 10 and runs through Sunday, July 19.
Despite the rash of thefts here and there, Howard County Police data shows airbag thefts have been on a downward trend.
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.
The Pittsburgh Post-Gazette will stay open after it was sold to a nonprofit.
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.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
The so-called "Benadryl Challenge" encourages people to take large amounts of the allergy medicine to experience hallucinations.
Maryland is under a Code Purple air quality alert today, as smoke from several Canadian wildfires creates hazy and unhealthy conditions.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
The Maryland Department of Health says confirmed illnesses from the cyclospora parasite have jumped to 69 so far this year.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Taylor Swift and Travis Kelce's wedding plans include a rehearsal dinner and a late-night celebration at Madison Square Garden in New York City, according to sources familiar with the security planning.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
Severe storms to ramp back up on Tuesday in Maryland
Cutter Martin has your First Alert Weather forecast for the Baltimore region.
Tuesday is a First Alert Weather Day.
Meteorologist Steve Sosna has your latest weather forecast.
Calm and sunny start to the workweek in Maryland
Boat fire under control in Bowleys Quarters area of Baltimore
2 men accused of holding fiery photoshoot with exotic animals outside Towson mall
Severe storms to ramp back up on Tuesday in Maryland
Baltimore family asks city to do something about surrounding vacant homes
Anne Arundel County police investigate deadly shooting in Odenton