What the latest downturn in the housing market means for buyers
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
Watch CBS News
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
Centered on mythical methamphetamine cookers Walter White and Jesse Pinkman, the series wrapped up more than a decade ago, but its legacy continues to draw looky-loos to the home.
When shopping for a home, most people consider things like curb appeal, the safety of a neighborhood, and good schools. However, political yard signs could say something about the community.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
A larger stock of smaller homes could mean more budget-friendly options for buyers.
Millions of U.S. homeowners are spending more than 30% of their monthly income on housing. Here are the hardest hit states.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
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.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Women are making a big impact in the real estate market.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
Some of the city's biggest points include a focus on youth engagement and addressing problem locations in the city.
The rain is finally coming to an end for much of Michigan, but the impact of these storms over the past few days remains in many areas in Metro Detroit, like in Utica, where dealing with floods has become a way of life.
This past week has been a wild one in the weather department.
One person was taken into custody after a shooting was reported on Thursday at a church in Oakland County, Michigan.
A Michigan man who was convicted of murdering a woman has pleaded no contest in connection with four cases involving assault or attempted assault while he was in the Macomb County Jail.
Michigan Gov. Gretchen Whitmer toured the Cheboygan Lock and Dam Complex on Thursday as crews work to keep the dam from failing due to high water levels.
In downtown Cheboygan, Michigan, businesses are preparing for possible flooding as water levels remain high at Cheboygan Lock and Dam Complex.
Concerns are growing in Monroe County, Michigan, where some residents in Whiteford Township say their wells are running dry.
A tornado has been confirmed in Branch County, adding to those already reported from the April 14-15 severe weather outbreak.
Some of the city's biggest points include a focus on youth engagement and addressing problem locations in the city.
At a gas station in Detroit, owner Mohamad Mallah, known to customers as Big Moe, decided to give back in a big way.
On average, drivers in the state are paying $3.87 per gallon for regular unleaded fuel.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Restaurants are being considered for the new Michelin Guide American Great Lakes Edition, set to be revealed in 2027.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Riley Greene doubled home two runs to tie the score with two outs in the ninth inning, and Colt Keith followed with the winning single as the streaking Detroit Tigers rallied past the Kansas City Royals 10-9 in a wild game delayed twice by rain.
As the conflict in the Middle East drives up prices at the pump, experts say suspending gas and diesel taxes isn't the easy fix it may appear to be.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
Wenceel Pérez hit a go-ahead homer in the eighth inning and the Detroit Tigers won their fifth straight game, beating the Kansas City Royals 2-1.
According to his attorney, Brian Hooker plans to return to the Bahamas as the search for his wife, Lynette Hooker, continues.
University of Michigan president-elect Kent Syverud announced Wednesday that he is being treated for a form of brain cancer.
Autism in the D is hosting a "Weekend of Inclusivity," featuring two events aimed at supporting families and highlighting gaps in autism resources across the city.
Dominic Weber and Haylie Reeves met at North Star Reach as campers in 2016.
The Detroit Health Department is hosting a Public Health Week through Saturday, April 11, to provide resources in neighborhoods.
The Michigan Department of Health and Human Services is encouraging parents to consider moving up their children's vaccines against the measles in seven counties.
Riley Greene doubled home two runs to tie the score with two outs in the ninth inning, and Colt Keith followed with the winning single as the streaking Detroit Tigers rallied past the Kansas City Royals 10-9 in a wild game delayed twice by rain.
The Detroit Lions were not very aggressive in NFL free agency, choosing to save salary cap space to sign some key players to long-term extensions.
Wenceel Pérez hit a go-ahead homer in the eighth inning and the Detroit Tigers won their fifth straight game, beating the Kansas City Royals 2-1.
The Detroit Tigers have agreed to an eight-year, $150 million contract extension with rookie infielder Kevin McGonigle.
Kenley Jansen got his 479th save, moving past Lee Smith for sole possession of third place on the career list, and the Detroit Tigers rallied from an eighth-inning deficit to beat the Kansas City Royals 2-1 for their fourth straight win.
It's a look at the critical relationship between Canada, Michigan and the U.S. on this week's Michigan Matters.
The roundtable discusses the dramatic impact AI is having in the classroom, at companies and inside homes.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
More than 100 Detroit high school students traded their classrooms for hard hats at the Sachse Construction Academy.
Detroit Mayor Mary Sheffield said on Thursday she wants city government and police to be proactive in responding to safety issues like block parties, drag racing and conflict resolution as temperatures rise into the summer.
In downtown Cheboygan, Michigan, businesses are preparing for possible flooding as water levels remain high at Cheboygan Lock and Dam Complex along the Cheboygan River.
The rain is finally coming to an end for much of Michigan, but the impact of these storms over the past few days remains in many areas in Metro Detroit, like on Davis Drive in Utica, where dealing with floods has become a way of life.
Concerns are growing in Monroe County, Michigan, where some residents in Whiteford Township say their wells are running dry.