Where U.S. homeowners pay the most — and least — in property taxes
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
In Hollywood, there are several projects to bring affordable housing to those who need it.
As housing prices continue to rise, new data highlights how hard it can be to afford a home in some parts of the U.S.
Rose for the ninth straight month
The latest innovation in homebuilding is being touted as a game changer that could end up revolutionizing the construction industry.
We devote the entire half hour to the HOA crisis in South Florida and elsewhere in the state.
We devote the entire half hour to the HOA crisis in South Florida and elsewhere in the state. As the cost of insurance rises, HOAs have been forced to raise fees putting a financial squeeze on homeowners. Corruption is also a concern after leaders of the Hammocks HOA were accused of theft and fraud to the tune of two million dollars. Florida now has the HOA Bill of Rights but critics say its protections don't go far enough. We hear from homeowners from four South Florida HOAs, Miami-Dade State Attorney Kathy Fernandez Rundle and State Rep. Juan Carlos Porras of Miami-Dade County who plan on introducing a stronger HOA Bill of Rights in the upcoming legislative session.
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.
But people in states at risk of extreme weather, like Florida, are seeing much larger increases.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
"Home has not been cleared of contamination and will be transferred to the new buyer in its current state," the listing says.
Despite the housing crisis facing South Floridians, there are still thousands of unoccupied homes in Miami.
As 2023 draws to an end, it is clear that South Florida's real estate market continues to change but what is unclear is what direction it will take.
Everything about financing a home purchase surged last year
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Prices rose in the Northeast, Midwest, and South but were unchanged in the West
July's housing figures reverse a five month trend of falling home prices.
After nine months of leading metro areas across the country in year-over-year increases in home prices, Miami fell out of the top spot in May
June is National Homeownership Month and with rising interest rates and home costs, getting to own a home is becoming more and more costly.
The median existing home price was $396,100 last month, down from 3.1% from a year ago
The average renter in Miami must make a six-figure salary to avoid being classified as rent burdened, according to a new report from researchers at Florida Atlantic University and two other schools.
Miami continued to top other metro areas nationally in home-price increases in March when compared to a year earlier, according to a report released Tuesday.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
This is a developing story. Tune into CBS News Miami on-air and online for the latest updates.
Pressure has been mounting to reach a deal as Gaza's humanitarian crisis is dramatically escalating while Israel insists it will launch an offensive into Rafah, the territory's southernmost city.
Oscar-winning actor Kevin Spacey fired back at fresh allegations of sexual harassment and assault from men who will feature as part of a documentary on British television.
The U.S. Coast Guard said they had medevaced an hours-old baby from Cleveland, Texas amid the floodwaters.
A Lewiston, Maine bowling alley, where eight people were killed during the state's deadliest mass shooting last October, reopened Friday.
This is a developing story. Tune into CBS News Miami on-air and online for the latest updates.
Pressure has been mounting to reach a deal as Gaza's humanitarian crisis is dramatically escalating while Israel insists it will launch an offensive into Rafah, the territory's southernmost city.
Entering its third year, Miami has been chosen as one of the only six venues to host an F1 Sprint in 2024, meaning there will be an extra race held that Saturday and guaranteeing high-octane action throughout the weekend.
Oscar-winning actor Kevin Spacey fired back at fresh allegations of sexual harassment and assault from men who will feature as part of a documentary on British television.
Miami FC heads on their third away match of the season, making their way to Pennsylvania to face off the Pittsburgh Riverhounds SC on Saturday.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
It's Back-To-School and that also means back to the lunch room, as breakfast and lunch are free to all Miami-Dade public school students again this year.
Roughly 100,000 immigrants who were brought to the U.S. as children are expected to enroll in the Affordable Care Act's health insurance next year under a new administration rule, the White House says.
Hope Hicks, one of former President Donald Trump's closest aides for years, told jurors how she handled the fallout from "hush money" payments made to two women before the 2016 election.
President Biden awarded the Presidential Medal of Freedom, the nation's highest civilian honor, to 19 recipients.
A Florida law prohibiting abortions after six weeks gestation with some exceptions went into effect Wednesday.
Joshua Dean was a quality inspector at Spirit AeroSystems, which builds the bulk of the 737 Max for Boeing, and recently died from a fast-spreading infection.
Jim DeFede catches up with State Senator Lauren Book to talk about the looming six-week abortion ban while she is making her annual walk across Florida to bring attention to child sexual exploitation.
CBS News Miami's Jim DeFede devotes the bulk of this week's program to Florida's six-week abortion ban, which takes effect in a few days.
Jim DeFede talks to former state senator Jeff Brandes, who runs the Florida Policy Project, which has been exploring solutions that include the role of vouchers and something called "upzoning."
Jim DeFede continues scrutinizing the three-plus decades during which Katherine Fernandez Rundle has led the Miami-Dade State Attorney's Office. This week, Jim's guest is South Miami Mayor Javier Fernandez.
Jim DeFede talks to the CEO of Trulieve, the cannabis company that spent $40 million to gather the signatures to get the measure on the ballot.
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Actress Halle Berry joined with a group of bipartisan senators on Thursday to announce new legislation to promote menopause research, training and education.
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
Recall involves shelled walnuts distributed in 19 states and sold in bulk bins at natural food and co-op stores.
Cat deaths and neurological disease are "widely reported" around farms where the H5N1 bird flu virus was detected, health officials say.
Find out how and when to watch the 150th running of the Kentucky Derby today, even if you don't have cable.
Get a cinema-like movie experience at home or outdoors. Use a projector -- instead of a TV -- from Samsung, Hisense or one of our other favorites for 2024.
Here's how and when to watch Game 5 of the Miami Heat vs. Boston Celtics NBA Playoffs series tonight.
Learn how to properly clean and maintain your hearing aids.
Upgrade your outdoor living space with new patio furniture that's on sale from Wayfair, Walmart and Amazon.
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
The company will keep its name and headquarters in Pittsburgh, but the United Steelworkers union voiced opposition to the deal.
For customers of SmileDirectClub, they were greeted with a message that they had shut down when logging on to its website.
CBP officials say the individually wrapped pink packages have an estimated resale value of more than $19,000.
Oscar-winning actor Kevin Spacey fired back at fresh allegations of sexual harassment and assault from men who will feature as part of a documentary on British television.
The 2024 Met Gala theme is "The Garden of Time" — to go along with the spring exhibition, titled "Sleeping Beauties: Reawakening Fashion."
Kiki Wong got her first guitar from Costco at 13 years old. Now she's joining The Smashing Pumpkins.
"Happy 9th Birthday, Princess Charlotte!" the Prince and Princess of Wales said in a social media post with a new photo of their daughter taken by Kate.
Walt Disney World will host dozens of portraits of service members and veterans from the nation's Painter-in-Chief.