How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
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A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
New numbers show that home sales across the Greater Sacramento region are on a rebound, and there's a surprising new city taking the top spot away from Roseville, which had been the hottest housing market.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
Real estate company Compass claims Zillow is illegally undermining competition by banning property listings if they don't appear on Zillow within 24 hours.
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
There's a real estate rarity in Placer County: A single-family home that's being sold for under $200,000, but of course, there's a catch.
A 12,660-square-foot, nine bedroom estate on the California side of Lake Tahoe set a new record late last month when it sold for $27.5 million, according to the company that handled the sale.
The order targets opportunistic real estate speculators who make unsolicited cash offers well below market value in attempts to exploit victims of the Los Angeles-area fires.
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many million-dollar properties are no longer considered luxury homes, with almost 1 in 10 U.S. houses costing at least that.
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 Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
Purportedly won in a bet, the Bay Area's only private island a short distance from the Richmond-San Rafael Bridge is up for sale with an asking price of $25 million.
While real estate prices in California and the San Francisco Bay Area continue to shatter records, there is one Bay Area city that is bucking that trend for now.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
A new report shows homebuyers in Modesto, are paying 30% more for their new homes than what they're worth.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Single ladies are setting a new trend in the Sacramento region. They're part of a growing number of people purchasing homes for the first time.
California's Democratic Gov. Gavin Newsom spearheaded a redistricting initiative that was intended to make up to five more districts more friendly to Democrats. Voters may have different ideas.
Sacramento County's latest Point-in-Time count shows the number of homeless individuals in unincorporated areas has increased by 100% over the past two years.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
A stretch of downtown Lodi that some business owners say has long felt overlooked could soon see new attention under a city revitalization plan.
The California Highway Patrol's Modesto office said crews found a person dead when they recovered a vehicle that crashed into the Delta-Mendota Canal in Patterson on Wednesday.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
California's Democratic Gov. Gavin Newsom spearheaded a redistricting initiative that was intended to make up to five more districts more friendly to Democrats. Voters may have different ideas.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for potential public safety power shutoffs.
Sacramento County's latest Point-in-Time count shows the number of homeless individuals in unincorporated areas has increased by 100% over the past two years.
CBS News projects Republican Steve Hilton will advance to November’s general election in the California governor’s race.
Several families have secured shelter while advocates say others remain unhoused a week after the City of Sacramento transitioned from its Motel Shelter Program to an Emergency Shelter Vouchers for Families program.
An arrest has been made after a man was killed in a weekend shooting at an Arden-Arcade business, officials said on Tuesday.
A Citrus Heights man has been arrested in connection with a deadly stabbing that happened this week in Sacramento, officials said on Thursday.
A man has been charged with bringing an explosive device into Sacramento International Airport, federal prosecutors announced.
Independent Rep. Kevin Kiley and Democratic candidate Dr. Richard Pan have advanced in the race for California's redrawn 6th Congressional District, CBS News projects.
A California couple was injured after discovering their dogs were fighting a bear in the Mammoth Lakes area earlier this week, police said.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for expected public safety power shutoffs.
Three U.S. citizens, including two California residents, have been arrested by the FBI in connection with an alleged plot to support ISIS.
A series of offshore earthquakes shook near California's North Coast early Wednesday morning.
A massive search effort is ongoing for a man missing since Memorial Day weekend in the Desolation Wilderness near Lake Tahoe.
Henry Bolte hit his first career home run and the Athletics went deep five more times at Las Vegas Ballpark in a 7-5 victory over the Milwaukee Brewers.
The U.S. being a host country for the World Cup generates interest among fans, but less so among those who are not soccer fans.
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Two-time Gold Glove shortstop Dansby Swanson was held out of the Cubs' starting lineup for a second straight game.
Nick Kurtz and Brent Rooker homered, Gage Jump worked 6 1/3 scoreless innings and the Athletics beat the Houston Astros 5-0 to avoid a series sweep.
California's Democratic Gov. Gavin Newsom spearheaded a redistricting initiative that was intended to make up to five more districts more friendly to Democrats. Voters may have different ideas.
Bill Gates told members of Congress on Wednesday that Jeffrey Epstein put his philanthropic work at risk, and that meeting him represented "a grave error in judgment."
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
A new analysis warns a proposed FEMA overhaul by a Trump-appointed panel would limit access to disaster aid for survivors, shifting the burden to state and local agencies amid hurricane season.
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A West Park High School sophomore is celebrating the end of the school year and a second chance at life after suffering a sudden cardiac arrest during band class last month.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
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.
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.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
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.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
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.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
Sacramento County's latest Point-in-Time (PIT) count shows the number of homeless individuals in unincorporated areas has increased by more than 100% over the past two years, from 560 to 1,140.
A stretch of downtown Lodi that some business owners said has long felt overlooked could soon see new attention under a city revitalization plan.
The Department of Justice said Wednesday that a six-month investigation determined the University of California, Davis School of Medicine discriminates based on race during its admission process.
A plan to bring professional soccer to Modesto is now dead.