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.
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Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
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.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
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 the South and West, according to a new report from Realtor.com.
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
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.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses.
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.
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.
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.
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
Vice President Kamala Harris has proposed building three million new homes and rental units, while former President Donald Trump has said he will reduce mortgage rates by slashing inflation.
Being able to buy a home -- or afford to rent one -- is an important issue for millions of voters this election year. Both candidates for president have ideas to make the American dream a reality for more people. But whose plan will help more? Carter Evans hears from voters in the battleground state of Nevada.
In today's tough housing market, homebuyers face high mortgage rates — but it's not the first time. A CBS News report from 1979 shows a young family in Chicago struggling with even steeper rates of 11%. Here's a look back at how history is repeating itself.
Amid unrelentingly high rents, as many as 223,000 affordable housing units could disappear in next five years.
Some cities and states are throwing out single-family zoning to increase density and create more affordable housing.
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?
Metros in the Midwest and Northeast stole the top slots on this year's list.
Since March 2023, Maricopa County, Arizona, has led the nation in eviction filings, with one Phoenix judge hearing as many as 500 eviction cases a month. It's part of an affordable housing crisis attributed to rising rents. Kris Van Cleave explains.
Real estate and housing costs in Jackson, Wyoming, have become unaffordable to many, even those who would be considered wealthy in most other places. It's causing a stark divide between those who can afford to live there and those who work in town but have been priced out of living there. Mark Strassmann has the story.
Four major cities in California were included in a Chapman University study of housing affordability around the world.
The strikes come after the president spent weeks accusing Nigeria's government of failing to rein in the persecution of Christians.
Ukrainian President Zelenskyy says he and President Trump have agreed to meet "in the near future," signaling progress in talks to end the Russia-Ukraine war.
A strong storm system that brought relentless winds, rain and snowfall to California this week was expected to ease Friday but there was still a risk of more mudslides and flooding, forecasters said.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
With higher prices for beef, customers are looking for alternatives.
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Fourteen people were injured in a stabbing attack in a factory in central Japan in which an unspecified liquid was also sprayed, authorities said.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
A strong storm system that brought relentless winds, rain and snowfall to California this week was expected to ease Friday but there was still a risk of more mudslides and flooding, forecasters said.
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
More than 20 billion pounds of produce are rejected by U.S. grocery stores each year.
With higher prices for beef, customers are looking for alternatives.
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
Fourteen people were injured in a stabbing attack in a factory in central Japan in which an unspecified liquid was also sprayed, authorities said.
Ukrainian President Zelenskyy says he and President Trump have agreed to meet "in the near future," signaling progress in talks to end the Russia-Ukraine war.
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Fourteen people were injured in a stabbing attack in a factory in central Japan in which an unspecified liquid was also sprayed, authorities said.
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The most important ingredient in Christmas cookies isn't the flour or the sugar -- it's the love and care that go into baking them. Major Garrett has more.
For more than a century, young kids have awakened on Christmas morning to find a teddy bear waiting for them under the tree. That gave one child an idea: getting teddy bears and the comfort they bring to the children who need them most. Tom Hanson has the story.
Abhi Ramesh launched Misfits Market in 2018, an online grocery store that buys rejected produce from farmers and packages it for sale across the country. Skyler Henry reports.
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
Britain's King Charles delivered his annual Christmas address, carrying on a royal tradition that began nearly a century ago. Leigh Kiniry has more.