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.
Affordable Housing
Rents around the U.S. are growing more slowly than they have in years
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
Average cost to raise a child now tops $300,000, study finds
Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree found.
Jamie Dimon says rejecting capitalism is "dead wrong" in CBS News interview
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
Mortgage rates rise as Iran war heightens U.S. inflation fears
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
How much does becoming a homeowner at 30 boost your net worth?
Hopping on the property train earlier in life can significantly increase your wealth, a recent study found. Here's how much.
House hunting? Here's what to know as the spring buying season arrives.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Iran war hits housing market as mortgage rates rise to 6%
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
Mamdani, Trump talk housing in 2nd meeting
New York City Mayor Zohran Mamdani met with President Trump again in the Oval Office on Thursday to discuss housing. Political strategists Laurie Watkins and Mark Bednar join with analysis.
This tip can save you tens of thousands of dollars on your mortgage
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
Trump has a plan to make housing more affordable. Will it work?
Economists say high home prices and a shortage of available properties may limit how much federal action can lower U.S. housing costs.
More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
These U.S. cities have seen the biggest rent increases since 2020
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
How the U.S. could bring down housing costs
A third of all American households spend more than 30% of their income on rent or mortgage payments. Jared Bernstein, a senior fellow at the Center for American Progress, joins "The Takeout" to make the case for his plan to increase the supply of affordable housing rapidly.
Foreclosures are surging as U.S. homeowners grapple with rising costs
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
More homeowners are pulling their properties off the market. Here's why.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
Phoenix startup has creative housing solution
Architect Brian Stark wants to tackle the country's affordable housing crisis — one shipping container at a time.
U.S. home prices are dropping the most in these regions
U.S. home prices are dropping the most in the South and West, according to a new report from Realtor.com.
Inside the housing market slowdown
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
First-time homebuyers are an endangered species in the U.S.
Buying your first home is a key to building wealth in the U.S. Yet stepping onto the property ladder is a vanishing dream for many Americans.
8 U.S. cities where you must earn at least $100,000 to live comfortably
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
25 U.S. cities where $100,000 a year isn't enough to get by anymore
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses.
Robots build full-scale 3D-printed homes in a day
California company "Azure Printed Homes" wants its 3D printing technology to help speed up the wildfire recovery efforts in the Los Angeles area. Its robots can print full-scale homes in 24 hours. Danya Bacchus reports.
Why more Americans are leaving the cities
As rising mortgage costs make homeownership in big cities out of reach, Americans are flocking to exurbs—smaller towns on the outskirts of major metropolitan areas. Zillow's chief economist, Skylar Olsen, joins us to discuss the growing trend, with monthly mortgage payments nearly doubling from 2020 to 2024. Many are opting for exurbs, where housing is more affordable, yet still within commuting distance of major cities.
L.A. housing prices expected to rise
The housing crisis has long been an issue for Los Angeles thanks to high rent prices and a limited supply of homes. Prices are only expected to grow after the devastation caused by the wildfires raging in the area. Economic justice organization "Strategic Actions for a Just Economy" executive director Cynthia Strathmann joins "The Daily Report" with more.
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