Mortgage rates top 7% for the first time since May 2024
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
Watch CBS News
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
As cities across California struggle to meet state housing goals, Habitat for Humanity Greater San Francisco is moving forward with plans to build what would become the largest affordable homeownership community in Marin County.
Bidding wars grip the city while East Bay homes sit for over a year.
The real estate market in San Francisco is booming as much of the rest of the Bay Area is a bust. Maddie White reports.
More than 5 million Americans will leave areas being impacted by climate change this year, according to study.
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
Oakland's housing market is seeing some of the steepest price declines in the country, with home values falling sharply as sellers, buyers and real estate agents navigate a difficult market.
Oakland’s housing market is seeing some of the steepest price declines in the country, with home values falling sharply as sellers, buyers and real estate agents navigate a difficult market. Kenny Choi reports.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
A new study compared average incomes to the cost of a typical starter home in cities across the world, and found that San Jose tops the list of least affordable. Katie Nielsen looks at what's driving the sky-high cost.
The median sale price of a single-family home in the San Francisco Bay Area has dropped compared to a year ago but remains above the $1 million mark, according to a new report by the California Association of Realtors.
The cost of living in the Bay Area's largest city has become exceedingly expensive, according to a new report, which says it is now the most expensive large city in the entire country.
A new report by the Silicon Valley Pain Index shows that San Jose is the most expensive city in the country. Kenny Choi reports.
ADUs are used as in-law suites, rentals, home offices, or even homes for adult children, but they can take a long time to build. Len Ramirez shows us how a ready-made one was dropped into a South Bay backyard.
While having some of the highest rents in the nation, renting a home in San Francisco and San Jose is nearly 200% cheaper than paying a mortgage for one, a new study finds.
Millions of Americans are struggling to keep up with the rising rent, while buyers say the housing market is "nuts." What in the world is going on?
A larger stock of smaller homes could mean more budget-friendly options for buyers.
Across much of the U.S., owning a home now requires spending more for housing than experts generally recommend.
New data from the California Association of Realtors finds the median home price in the state has soared to $900,000. Kevin Ko reports from Vallejo, where home prices have barely risen compared to other parts of the Bay Area. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
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.
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.