How one first-time homebuyer spent three years searching for a house
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.
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.
Mortgage rates plunged this week in the biggest one-week drop since 2022. This is the second week that rates have decreased after rising for seven consecutive weeks. Business and financial journalist Kristin Myers joined CBS New York to break this all down. Read more: https://cbsloc.al/3st3Mcx
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
With real estate season in full swing, we hear from CBS News Business Analyst Jill Schlesinger for a look at the current market.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Economists expect a sharp increase in borrowing costs. That could impact credit cards, loans and other debt.
A vigil was held Saturday night for a Westchester County mother and her two sons who police say were shot by the woman's boyfriend earlier this week. One son was killed. The mother and the other son remain hospitalized.
Advocates for New York City's Elizabeth Street Garden say their eviction has been paused pending an appeal. The case is scheduled for February 2025.
A makeshift aquarium built beneath a leaky New York City fire hydrant has been revived.
New York City FC forced a deciding match with a victory over FC Cincinnati at Citi Field on Saturday.
A drought watch has been issued across parts of New York, including New York City, the state DEC announced Saturday.
A vigil was held Saturday night for a Westchester County mother and her two sons who police say were shot by the woman's boyfriend earlier this week. One son was killed. The mother and the other son remain hospitalized.
Advocates for New York City's Elizabeth Street Garden say their eviction has been paused pending an appeal. The case is scheduled for February 2025.
A makeshift aquarium built beneath a leaky New York City fire hydrant has been revived.
A drought watch has been issued across parts of New York, including New York City, the state DEC announced Saturday.
Despite temperatures 20 degrees cooler than yesterday, today feels much closer to normal for early November.
Despite temperatures 20 degrees cooler than yesterday, today feels much closer to normal for early November.
The state of Connecticut is sending all its towns and cities fire suppression devices to help safeguard ballot drop boxes.
Peanut the squirrel, a pet that became a social media star, has been euthanized after New York state authorities seized it during a raid.
Police say a shooting at the University of Bridgeport was an isolated incident that did not involve students.
The Halloween weather forecast for 2024 shows several record highs are in jeopardy around New York and New Jersey.
Despite temperatures 20 degrees cooler than yesterday, today feels much closer to normal for early November.
A boil water advisory has been lifted for Somerville, Bridgewater and Raritan Borough in New Jersey.
Homes were evacuated in Morris County, New Jersey on Friday because of a wildfire.
Although the Red Flag Warning was issued for only Friday, the threat of wildfires across the region will persist until the pattern switches back to wet. As of now, a pattern change does not look likely in the short term.
The PATH Hoboken station will close for nearly a month in early 2025 for repairs, the Port Authority announced Thursday.
Despite temperatures 20 degrees cooler than yesterday, today feels much closer to normal for early November.
A new law went into effect Friday lowering the number of driver's license suspensions that can result in a felony in New York.
Although the Red Flag Warning was issued for only Friday, the threat of wildfires across the region will persist until the pattern switches back to wet. As of now, a pattern change does not look likely in the short term.
The New York state trooper who was shot in the leg on Long Island was released from the hospital Friday.
An all-out manhunt is underway after a New York State Police trooper was shot by a driver on the Southern State Parkway.
Forty-seven states and the District of Columbia allow voters to track the status of their ballot. Find out how to check yours.
Follow live as Vice President Kamala Harris and former President Donald Trump enter the final weekend of the campaign in the 2024 election, as polls remain tight.
A new law went into effect Friday lowering the number of driver's license suspensions that can result in a felony in New York.
New York City Mayor Eric Adams was back in court Friday afternoon. A judge set his trial date for April as his attorney sought to get the bribery charge against him dismissed.
Going into the final weekend before the 2024 U.S. presidential election, Kamala Harris and Donald Trump are crisscrossing the battleground states.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Dozens of New York and New Jersey schools are impacted by a recall of meat and poultry products potentially contaminated with listeria.
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.
Rapper Tekashi 6ix9ine has been arrested in New York City for alleged violations of the conditions of supervised release that were set when he was sentenced several years ago to two years in prison in a racketeering case.
Teri Garr rose from being a background dancer in Elvis Presley movies to co-star in such favorites as "Young Frankenstein" and "Tootsie."
Timothée Chalamet surprised the crowd at his own look-alike contest at Washington Square Park in Manhattan.
The lead singer-songwriter for the superstar band Fleetwood Mac who became a superstar solo artist talks about her latest song, "The Lighthouse," that was inspired by her own experience with abortion, and a strong desire to "do something."
Cardi B says she's been hospitalized with a medical emergency and will have to miss her scheduled performance at ONE Musicfest in Atlanta.
New York City FC forced a deciding match with a victory over FC Cincinnati at Citi Field on Saturday.
Gerrit Cole opted out of his contract with the New York Yankees, who now have two days to void his decision by adding a $36 million salary for 2029, reportedly.
Blake Coleman scored twice and Dan Vladar stopped 22 shots in his third career shutout as the Calgary Flames beat the New Jersey Devils 3-0.
Cam Thomas scored 10 of his 32 points in the fourth quarter to help the Brooklyn Nets beat the Chicago Bulls on Friday night.
Igor Shesterkin stopped 40 shots and the New York Rangers beat the Ottawa Senators on Friday night.
In the Queens neighborhood known as Little Guyana, preparations are underway for the community's annual Diwali festival.
The Bergen Beach home on East 72nd Street and Avenue K has become a neighborhood attraction.
The landmarked library branch in Harlem underwent a $34.4 million renovation from top to bottom.
A Brooklyn-based nonprofit is working to make a positive change in the form of student graduations in the community.
A Harlem preschool teacher was honored Monday for his three decades of serving students, some as young as 3 years old.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
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.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
CBS News New York's Vanessa Murdock has your weather forecast for November 2 at 11 p.m.
Final preparations are underway as the 53rd New York City Marathon kicks off Sunday morning. As CBS News New York's Lori Bordonaro reports, runners are carbed up and ready to hit the pavement.
Daylight Saving Time ends Saturday night, and that means it's time to set your clocks back an hour.
Police are searching for the people behind two armed robberies in Manhattan involving a moped. They happened on Sept. 16.
There were tears of grief and prayers in Westchester County on Saturday for a mother and her two sons, who police say were shot by the woman's boyfriend earlier this week. One of the sons died. CBS News New York's Alecia Reid shows us how the family is being honored.