Rents fall nationwide for third straight month as demand cools
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
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Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
A new analysis of listings in 97 of the most populous U.S. metropolitan areas found that just 15.5% of homes for sale last year were affordable for the typical household.
Despite the so-called "Great California Exodus" that has seen residents leave the state in droves, mostly because of the high cost of living, there are plenty of people bucking the trend and making their way to the Bay Area.
Sacramento city leaders are calling it a big win for more permanent supportive housing in downtown Sacramento. But the price tag to bring this affordable housing to market is eye-popping.
It may not look like much now, but a small army is digging into a project to bring affordable permanent housing to some of their own in Stockton.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
California Gov. Gavin Newsom has signed a law to fast-track low-income housing on surplus land owned by nonprofit colleges and religious institutions.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
The Oak Rose Apartments would be a three-story building with 67 units located on vacant land along Elk Grove Boulevard in the historic Old Town District. Many people who live and work in the neighborhood oppose the plan.
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
A plan to add more affordable housing to the area is feeling the pressure in more ways than one. We're talking about water pressure. It's simply not strong enough and that's keeping one major Sacramento project from letting new residents flow on in.
The State of California is doing its part to help meet a goal of 2.5 million new housing starts by 2030. One plan is to turn empty office buildings into affordable housing.
Finding a way to keep people in their homes and keep rent down — it's a complicated proposal amid a challenging financial market with increasing interest rates. Now, Sacramento city leaders are trying to tackle the issue.
What once defined housing for those below the poverty line is now becoming housing for an increasingly shrinking middle class in California.
According to a recent study from Redfin, there are only four major U.S. markets where it's cheaper to buy a home than rent, and Sacramento isn't one of them. In fact, it's toward the top of the list with cities like Denver and San Diego.
It's a new idea for one of the oldest blocks in Sacramento.
A new poll shows a staggering percentage of people living in the capital region struggle to make ends meet.
Supporters say in order to keep educators in the classroom, you first have to keep them in the community.
Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue.
Rents are surging from coast to coast. A recent report found more than half of renters saw an increase in the past year.
A new affordable housing bill in California may make its way to the governor's desk.
You've probably seen the construction of new housing projects popping up all across Sacramento. It's coming at a time when the city is facing a critical shortage of affordable places to live. Many people are having a tough time trying to purchase an affordable home.
In the city of Stockton, on any given night, an estimated 140 veterans are forced to sleep on the streets. On Thursday, the city celebrated a new housing community dedicated to cutting that number down.
California has not effectively used surplus properties owned by the state to help alleviate the affordable housing crisis, according to an audit that recommends agencies hire more staff and accelerate the rate at which parcels are offered for development.
A groundbreaking held Tuesday morning for affordable housing on 44th Street won't be confined to just a few homes.
As temperatures rise, the San Joaquin County Sheriff's Office is sending a clear message to stay away from illegal sideshows.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
One person is dead and a dog remains missing after a water rescue in El Dorado County Saturday morning, officials said.
José Ramírez stole his 300th career base, David Fry and Kyle Manzardo both hit home runs and the Cleveland Guardians used a four-run fifth inning to rally past the Athletics 14-6.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
As temperatures rise, the San Joaquin County Sheriff's Office is sending a clear message to stay away from illegal sideshows.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
One person is dead and a dog remains missing after a water rescue in El Dorado County Saturday morning, officials said.
José Ramírez stole his 300th career base, David Fry and Kyle Manzardo both hit home runs and the Cleveland Guardians used a four-run fifth inning to rally past the Athletics 14-6.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
After postponing its originally planned 2025 stop in the capital city, X Games is moving forward with its return to Sacramento this summer — now with a major music lineup attached.
Opening statements began in the trial of two people charged in the 2022 K Street shooting, the deadliest mass shooting in Sacramento's history.
The aerial dance troupe Bandaloop dangled from the side of Sacramento's Memorial Auditorium as part of this year's celebration. Artists from across the state attended an awards ceremony marking the 50th anniversary of the California Arts Council.
A domestic violence suspect who was barricaded in a home in Sacramento for hours overnight was arrested early Monday morning, police said.
Gunther's Ice Cream remained open as usual on Saturday following a fire that happened just outside the Sacramento staple.
An early morning earthquake in Nevada on Friday was felt as far west as the Sacramento Valley.
The sunny skies and warmer weather in Northern California are increasing the chance of seeing snakes, and this year, there's been a big spike in the number of fatal rattlesnake bites in the state.
The new Department of Motor Vehicles regulations allow law enforcement agencies to issue notices of traffic violations to autonomous vehicle companies when their cars commit moving violations.
A massive sea lion is stealing all the attention at San Francisco's Pier 39, along with most of the dock.
A United Airlines flight from San Francisco reported a close call with a drone as it was approaching to land in San Diego, authorities said.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
José Ramírez stole his 300th career base, David Fry and Kyle Manzardo both hit home runs and the Cleveland Guardians used a four-run fifth inning to rally past the Athletics 14-6.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Yandy Diaz and Junior Caminero homered to back six strong innings from Shane McClanahan and the Tampa Bay Rays beat the San Francisco Giants 3-0 on Friday night.
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
As voters head toward the midterm primaries, Latino voters are emerging as a pivotal voting bloc that could be a difference-maker in the results.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
Amtrak may ease rules on guns on its trains, sources say. Critics worry that would weaken security even though, authorities say, the accused correspondents' dinner shooter took Amtrak cross-country with his firearms.
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
With warmer weather, the San Joaquin County Sheriff's Office is sending a clear message about sideshows.
Here's a look at the weather forecast Saturday evening.
The bands are back, the carnival rides are racing and people in Elk Grove are glad to finally have a spring celebration return to town.
The stretch between winter ski crowds and summer lake vacations is often called the "shoulder season" at Lake Tahoe, a quieter time that can mean fewer visitors. Local venues are working to change that.
Madisen Keavy was there for the first night of action.