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.
Two men were arrested in Central California after detectives found about 2,000 pounds of stolen peaches loaded onto a trailer, authorities said.
The California Highway Patrol has activated an Amber Alert after authorities said an infant from Hayward was abducted.
New California laws implement restrictions on handgun sales and require more clarity for food expiration date labels.
A woman suffered injuries but survived falling 1,500 feet down California's Mount Shasta, which she had attempted to climb, officials said.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
Sacramento is on the cusp of transformation as most state workers are set to return to the office four days a week under a mandate ordered by the governor.
Two men were arrested in Central California after detectives found about 2,000 pounds of stolen peaches loaded onto a trailer, authorities said.
We compiled a list of where you can view fireworks around the Greater Sacramento area.
The California Highway Patrol has activated an Amber Alert after authorities said an infant from Hayward was abducted.
New California laws implement restrictions on handgun sales and require more clarity for food expiration date labels.
A year after fireworks sparked a destructive fire, a Sacramento business is still dealing with damages.
There are growing concerns and confusion over Sacramento's new emergency shelter voucher program that helps homeless families. Advocates are demanding change after they say more families were forced to leave their motels.
Artificial intelligence is developing faster than phones, the internet, and maybe anything we've seen. With popularity rising among AI-generated images, some artists say they are feeling the squeeze.
Let the games begin. The debut of the X Games in Sacramento is on Friday at Cal Expo.
The Sacramento Fire Department said on Thursday that it confirmed a post to its X account claiming a terror attack had occurred at Levi's Stadium in Santa Clara was the result of a hack.
Two men were arrested in Central California after detectives found about 2,000 pounds of stolen peaches loaded onto a trailer, authorities said.
The City of Sacramento is on the cusp of transformation as most state workers are set to return to the office four days a week under a mandate ordered by California Gov. Gavin Newsom. Downtown businesses are welcoming the added foot traffic.
Gov. Gavin Newsom signed a nearly $352 billion spending plan Monday that delays some cuts to healthcare programs, increases funding for childcare and sets aside money to help speed up the state's vote count ahead of the November election.
Fracking and drilling could be coming back to California. Environmental advocates say it could be devastating to wildlife and communities.
Gov. Gavin Newsom framed the agreement as a way for AI to help government workers, not replace them.
Tommy Edman had four hits including his first home run of the season, and Dave Roberts became the fastest manager in history to reach 1,000 career wins after the Los Angeles Dodgers beat the Athletics 9-3 on Tuesday.
The Los Angeles Dodgers two-way star Shohei Ohtani will skip his scheduled pitching start Wednesday against the Athletics to get some extra rest, manager Dave Roberts said.
Shohei Ohtani hit a three-run homer to support Eric Lauer in his conventional return to the starting rotation as the Los Angeles Dodgers beat the Athletics 9-4.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Josh Lowe's first career grand slam was all the offense the Los Angeles Angels needed in a 4-1 victory over the Athletics.
Longtime labor activist Dolores Huerta says President Trump's disparaging remarks about Mexicans show he "does not know history," and called on Latinos in California, Texas and other states to push for change.
President Trump earned more than a billion dollars from crypto-related ventures alone last year, according to a financial disclosure, including from his meme coin business and his family's cryptocurrency firm.
The Supreme Court on Tuesday struck down President Trump's executive order seeking to end birthright citizenship.
The Supreme Court upheld state laws from West Virginia and Idaho that restricted participation by transgender athletes in girls' and women's sports.
Gov. Gavin Newsom signed a nearly $352 billion spending plan Monday that delays some cuts to healthcare programs, increases funding for childcare and sets aside money to help speed up the state's vote count ahead of the November election.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
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.
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.
On July 4, 2025, fireworks sparked a destructive fire that swept through Industrial Minerals Company, a business in South Sacramento. A year later, the business is still dealing with damages.
Madisen Keavy has the latest.
Nina Burns reports.
Carmela Karcher reports.
Here is a look at your extended 7-day forecast!