How to buy a home as cost soars
With home costs soaring, many wonder whether newly signed bipartisan housing legislation will have any impact on homebuyers. Jill Schlesinger has more information.
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With home costs soaring, many wonder whether newly signed bipartisan housing legislation will have any impact on homebuyers. Jill Schlesinger has more information.
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.
Starter homes now cost $1 million in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated. Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts and pricey trips pile up. And Andrew, a new dad, wants to know whether now is the right time to buy term life insurance. Have a money question? Email askjill@jillonmoney.com.
Caller Aaron has a family mess on his hands: his cousin bought a house with a girlfriend; they broke up, and now his cousin's credit is still tied to the property while the ex continues living there and refuses to refinance. Jill explains exactly what to do before buying a major asset with someone you're not married to. Plus, Jill breaks down the new student loan rules that took effect on July 1, 2026, how parents and prospective students should navigate the new rules and why taking on debt for college may not be worth it anymore. Have a money question? Email askjill@jillonmoney.com.
The price of buying a home is higher than ever, but the expenses don't stop there. Most homes will need repairs. Kelly O'Grady provides money-saving tips for your next project.
A new study shows high costs and short supply are hurting the U.S. housing market. Harvard University's State of the Nation's Housing 2026 report found that household growth, the net change in the total number of occupied housing units or households from year to year, slowed for the third straight year in 2025. Chris Herbert, the managing director of the Harvard Joint Center for Housing Studies, joins "The Daily Report" to discuss.
The cost of a typical starter home has never been higher. Cristian Benavides has more in "Affordability in America."
Online real estate marketplace Zillow found that 242 U.S. cities now have starter homes worth $1 million or more, nearly triple the number of cities reported in 2020. The company defines a starter home as one in the lowest third of home values in a given region. CBS News MoneyWatch reporter Megan Cerullo has more.
The dream of home ownership is becoming more elusive for some first-time buyers. Zillow found that a record 242 cities have starter homes valued at $1 million or more. Orphe Divounguy, senior economist at Zillow, joins "The Takeout" to discuss.
A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
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.
As more U.S. homeowners struggle to keep up with mortgage payments and maintenance costs, new data shows the number of property foreclosures is steadily rising. CBS News contributor Javier David has more.
The cost of both owning and renting a home in the U.S. is rising, according to Census Bureau data, squeezing millions of Americans.
The U.S. economy has a case of food-flation. Wholesale prices for fresh veggies soared by a record amount last month while grocery costs were up 2.2% compared to last year. Lisa Rozner reports on how consumers are dealing with rising costs.
A recent Harvard University study found the median home price of nearly $400,000 is almost five times the average income, but three times is considered affordable -- a ratio that has skewed sharply since COVID-19. Kelly O'Grady reports.
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
For years, the U.S. housing market has boomed, pricing many out of their financial comfort zone and the market. Now, home prices are showing signs of cooling off. CBS News New York's Ali Bauman has details for buyers and sellers.
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Rising home prices and persistent inflation are impacting how millennials and Gen Zers feel financially. CBS News contributor Javier David explains.
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
When President Trump was on the campaign trail, he promised to lower the prices of all goods on "day one" of his second term. Since he took office in January, he has repeatedly claimed that the price of energy, groceries, eggs and homes have dramatically dropped. CBS News Confirmed executive editor Rhona Tarrant fact-checks these claims.
The images were sent to CBS News by active service members under condition of anonymity.
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
Tuesday's hearing marked the first time that Patel has publicly addressed the new hiring standards related to prostitution, employment theft and bestiality.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
Ukraine's Volodymyr Zelenskyy says Russia targeted his plane with drones as part of a campaign to intimidate him and other foreign leaders.
The previous votes have failed to stop President Trump from waging war with Iran.
The Supreme Court on Monday blocked the Postal Service from enforcing new mail voting rules ahead of the midterm elections.
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
A Georgia judge has put an execution on hold to allow time for a hearing on whether the sentence should be reduced under a new state law that lets victims of abuse have their sentences reconsidered.
The U.S. has so far not attributed the potential breach to a specific actor, but Iranian state media amplified the story in the weeks following the attack.
The previous votes have failed to stop President Trump from waging war with Iran.
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
Millions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.
The previous votes have failed to stop President Trump from waging war with Iran.
The Justice Department is accusing several members of Russia's intelligence services of running a "global assassination network" that targeted Kremlin critics.
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
The Supreme Court on Monday blocked the Postal Service from enforcing new mail voting rules ahead of the midterm elections.
Rep. Thomas Massie accused Defense Secretary Pete Hegseth of defying Congress with the Iran war, suppressing free speech and other offenses.
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
The U.S. has so far not attributed the potential breach to a specific actor, but Iranian state media amplified the story in the weeks following the attack.
The previous votes have failed to stop President Trump from waging war with Iran.
The Justice Department is accusing several members of Russia's intelligence services of running a "global assassination network" that targeted Kremlin critics.
The images were sent to CBS News by active service members under condition of anonymity.
The Congressional Budget Office estimated the war between Feb. 28 and Aug. 1 has directly cost the U.S. about $38 billion.
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Food & Wine reveals its list of "Best New Chefs" this week. One of those talents is Masako Morishita of Perry's Restaurant in Washington, D.C., who joins to discuss her career move from NFL cheerleader to D.C. food icon and share one of her favorite recipes.
Elin Hilderbrand, who wrote hit summer reads like "The Perfect Couple" and "28 Summers," joins "CBS Mornings" with her daughter Shelby Cunningham to discuss the latest book in their co-written The Academy Series, titled "The Thoroughbreds."
Bob Mackie, who bedazzled stars like Cher, Carol Burnett and Marilyn Monroe, died at 87. "CBS Mornings" looks back at some of his legendary looks.
The growing concerns over AI safety brought together two people from opposite sides of the political spectrum on Tuesday: Sen. Bernie Sanders and former Trump adviser Steve Bannon. Washington Post tech reporter Gerrit De Vynk joins CBS News to discuss where AI legislation stands.
Congress is reacting to warnings from AI leaders that the technology poses existential dangers. Rep. Bill Foster joins "The Daily Report" to discuss.
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.
Sen. Bernie Sanders and Steve Bannon are both pushing the Trump administration to regulate artificial intelligence as industry leaders warn of risks to humanity. CBS News' Caitlin Huey-Burns has more.
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
A Georgia judge has put an execution on hold to allow time for a hearing on whether the sentence should be reduced under a new state law that lets victims of abuse have their sentences reconsidered.
A 21-year-old Pennsylvania man has been arrested for allegedly plotting what could have been a "mass casualty attack" inspired by ISIS, federal officials say. CBS News' Anna Schecter has more.
In Washington state, investigators said they believe illegal fireworks, shot from the back of a pickup truck, sparked a nearly 10,000-acre deadly wildfire earlier this summer. Jason Allen reports.
A man racing a stolen Tesla down a crowded boardwalk hit a woman, setting off a wild chase involving lots of witnesses, including one recording it all on a pair of smart glasses. Jonah Kaplan reports.
The FBI said it thwarted a "mass casualty attack," inspired by ISIS, allegedly by a 21-year-old man in Pennsylvania. Agents allegedly tracked the young man to a hotel where they arrested him. It's the second ISIS-related plot to surface since August. Nicole Sganga reports.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Attorney General Todd Blanche told CBS News' Ed O'Keefe on Tuesday "of course" the White House will comply with a Supreme Court decision that keeps in place a lower court ruling that blocked the U.S. Postal Service from enforcing new regulations for mail voting.
Trump slams Supreme Court for blocking Postal Service rules for mail ballots; Congress reacts to AI safety warnings.
Ukrainian President Volodymyr Zelenskyy speaks with CBS News' Aidan Stretch about the state of the war, Russia's recent escalation, U.S. support and more.
Stocks stayed in the red on Tuesday ahead of the Federal Reserve's interest rate decision on Wednesday. CBS News contributor Javier David has a preview of the meeting.
The growing concerns over AI safety brought together two people from opposite sides of the political spectrum on Tuesday: Sen. Bernie Sanders and former Trump adviser Steve Bannon. Washington Post tech reporter Gerrit De Vynk joins CBS News to discuss where AI legislation stands.