Where U.S. homeowners pay the most — and least — in property taxes
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
Home Prices
Here's how much you have to make to afford a starter home in the U.S.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
What to know ahead of the Fed's announcement
The Federal Reserve will announce its decision on interest rates Wednesday as the U.S. continues to combat inflation. CBS News senior business and technology correspondent Jo Ling Kent breaks down what to know before the announcement.
Why inflation ticked up in February
Consumer prices rose 0.4% from January to February, indicating inflation continues to be a hurdle in the U.S. economy. Gas and home prices contributed to the increase. CBS News' Jo Ling Kent breaks down the figures.
Here's how to negotiate a lower fee from your real estate agent
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
Here's what's making it so hard to buy a home in the U.S. these days
Aspiring homebuyers face one of the toughest markets in years, with one analyst pointing to a "toxic brews" chilling sales.
Home prices up 6.5% over last year: Report
New data from the Federal Housing Finance Agency shows prices for homes rose 6.5% over the last year. CBS News contributor Javier E. David has more on whether there will be any relief coming for prospective home buyers. He also discussed Macy's plans to close about 150 underperforming stores over the next three years.
Home prices, mortgage rates remain high
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.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
Here are the most and least expensive U.S. neighborhoods per square foot
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
In larger cities, affording a home is tough even for richer Americans
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.
Housing market outlook for 2024
Will mortgage rates drop and home prices finally fall in 2024? Chen Zhao, who leads the economics team at Redfin, shares some early predictions for the housing market in 2024.
Los Angeles mayor works to tackle city's homelessness crisis
Los Angeles is home to about 46,000 people who are considered homeless, but Mayor Karen Bass is working to change that.
2023 was brutal for homebuyers. Here's what to expect in 2024.
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.
How much are houses in big cities?
There is a disconnect in most U.S. markets of how much money people are earning, and how much it would cost to buy a home. CBS MoneyWatch associate managing editor Aimee Picchi joins CBS News with data on how much houses cost in major cities around the country.
Here's how much you need to earn to afford a home in 97 U.S. cities
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
Thinking of an adjustable-rate mortgage? Here are 3 questions to ask.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
California home — complete with meth lab — selling for $1.55 million
"Home has not been cleared of contamination and will be transferred to the new buyer in its current state," the listing says.
Couples turn to wedding registry to help save money to buy a home
A rising number of couples are using their wedding registry to ask for down payment donations, according to The Knot.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Top White House adviser maps out Biden's economic agenda
Jared Bernstein, Council of Economic Advisers chairman, joins CBS News' chief election & campaign correspondent Robert Costa to discuss President Biden's new economic plan, which Mr. Biden unveiled Wednesday in Chicago.
Rent is falling across the U.S. for the first time since 2020
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
This shade of gray can add $2,500 to the value of your home
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Live
Trump meets Netanyahu as his threat to resume strikes looms over Iran
Trump meets Israeli leader Benjamin Netanyahu as the U.S. and Iran hold their fire amid work toward a deal to reopen the Strait of Hormuz.
Thune says of Lindsey Graham "I feel his absence every day" in Capitol ceremony
President Trump is delivering a eulogy for Sen. Lindsey Graham, his one-time opponent for the presidency and later, his close ally.
People trapped and injured after powerful earthquake strikes Japan
A powerful earthquake hit southern Japan, seriously damaging a shopping mall where there are reportedly many people trapped and some feared dead.
Fauci diaries, released by Sen. Paul, touch on COVID origins, Trump
Republican Sen. Rand Paul released more than a thousand pages of journal entries from Dr. Anthony Fauci, teeing up what is likely to be a contentious hearing on Wednesday.
Ohio's GOP governor calls Trump's plans to deport Haitians a "mistake"
Republican Ohio Gov. Mike DeWine told CBS News the move could bruise Ohio's economy.
First on CBS
Biden tapes released after legal battle, with references to classified material
Audio recordings that former President Joe Biden fought for years to keep private have now been released.
William Shatner and daughter recall fighting stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought stage 4 cancer side by side.
eBay settles with couple "terrorized" in bizarre stalking scandal
eBay has agreed to pay a large settlement after a Massachusetts couple was the victim of a bizarre harassment campaign.
Johnson & Johnson offers $5.5 billion to settle talc lawsuits
Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits claiming its baby powder and other talcum powder products caused ovarian cancer, the company says.
U.S.
More U.S.
What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
Thune says of Lindsey Graham "I feel his absence every day" in Capitol ceremony
President Trump is delivering a eulogy for Sen. Lindsey Graham, his one-time opponent for the presidency and later, his close ally.
In final debate, Michigan Senate Democrats spar over outside spending
Abdul El-Sayed and Rep. Haley Stevens clashed on outside spending and electability in their last debate before Michigan's Democratic primary next week.
Fauci diaries, released by Sen. Paul, touch on COVID origins, Trump
Republican Sen. Rand Paul released more than a thousand pages of journal entries from Dr. Anthony Fauci, teeing up what is likely to be a contentious hearing on Wednesday.
Ohio's GOP governor calls Trump's plans to deport Haitians a "mistake"
Republican Ohio Gov. Mike DeWine told CBS News the Trump administration's plan to ramp up deportations of Haitian migrants is a "mistake," arguing the move could bruise Ohio's economy.
MoneyWatch
More MoneyWatch
Johnson & Johnson offers $5.5 billion to settle talc lawsuits
Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits claiming its baby powder and other talcum powder products caused ovarian cancer, the company says.
Taylor Farms CEO pressed by lawmaker over cyclospora outbreak
Rep. Robert Garcia is seeking information about whether Taylor Farms used White House ties to influence the federal response to the foodborne illness outbreak.
Amazon plans to deploy more than 5,000 satellites for new telecom service
Amazon Leo wants to launch a constellation of thousands of satellites to connect devices directly from space.
The biggest weather risk for homeowners? It's no longer hurricanes.
Severe "convective" storms account for roughly a third of global natural disaster economic losses, a new study finds.
Coca-Cola resumes Fairlife milk production after ransomware attack
Coca-Cola restarts production of Fairlife brand milk after a ransomware attack forced it to halt operations at several factories.
Politics
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Judge orders immigration officials to free key witness in deadly ICE shooting
A federal judge ordered U.S. immigration authorities to release a key witness in the fatal shooting of a Mexican homebuilder by a U.S. Immigration and Customs Enforcement officer in Houston.
Thune says of Lindsey Graham "I feel his absence every day" in Capitol ceremony
President Trump is delivering a eulogy for Sen. Lindsey Graham, his one-time opponent for the presidency and later, his close ally.
In final debate, Michigan Senate Democrats spar over outside spending
Abdul El-Sayed and Rep. Haley Stevens clashed on outside spending and electability in their last debate before Michigan's Democratic primary next week.
Fauci diaries, released by Sen. Paul, touch on COVID origins, Trump
Republican Sen. Rand Paul released more than a thousand pages of journal entries from Dr. Anthony Fauci, teeing up what is likely to be a contentious hearing on Wednesday.
Ohio's GOP governor calls Trump's plans to deport Haitians a "mistake"
Republican Ohio Gov. Mike DeWine told CBS News the Trump administration's plan to ramp up deportations of Haitian migrants is a "mistake," arguing the move could bruise Ohio's economy.
HealthWatch
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What is postpartum psychosis, the disorder at the center of Lindsay Clancy's trial?
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
William Shatner and daughter Melanie recall fighting stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought stage 4 cancer side by side.
Carly Simon reveals Parkinson's diagnosis: "Learning how to live with it"
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Cyclospora outbreak impact on eating habits
Amid the outbreak of cyclospora, a CBS News poll finds 40% of Americans say they are buying or eating less produce. Nearly half of those polled say they have little or no confidence in the FDA to deal with the outbreak. Carter Evans reports.
Cyclospora boosts fears that deadlier foodborne outbreaks are ahead
Food safety experts say cuts to the public health system hobbled the response — and that the next outbreak could be much worse.
World
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Woman murdered in 1936 and buried under building is finally identified
Police have finally identified the remains of a woman murdered nearly a century ago and buried beneath a building in Toronto.
Widow of murdered mayor arrested in extortion case in Mexico
Valentin Lavin, who was allied with President Claudia Sheinbaum's leftist party, was shot and killed during a town hall.
People trapped and injured after powerful earthquake strikes Japan
A powerful earthquake hit southern Japan, seriously damaging a shopping mall where there are reportedly many people trapped and some feared dead.
Friend describes last known movements of missing American in Grenada
American Elizabeth Waddell was last seen on July 22 while visiting the tiny Caribbean island of Grenada.
Knife attack in Paris thwarted by quick-thinking bystander, witness says
Officials say the motive behind a violent attack on three women in Paris is unclear, but the suspect shouted incoherently after being tackled by bystanders.
Entertainment
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William Shatner and daughter Melanie recall fighting stage 4 cancer together
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought stage 4 cancer side by side.
William Shatner, daughter on cancer journeys
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
Ariana Grande sues alleged hackers
In a new lawsuit, Ariana Grande alleges unidentified hackers caused "irreparable harm" to her career and stole her unreleased music, photos and videos. She's asking the court to force internet providers to identify them.
"The Odyssey" movie sparking interest in book
Moviegoers are turning out in droves for the IMAX spectacle "The Odyssey," but they're also flocking to something else: the 2,700-year-old source material. Matt Gutman has more.
Comedian Jeff Arcuri talks new special
Comedian Jeff Arcuri became a sensation on social media after more than a decade of performing at comedy clubs. He talks about his debut stand-up special, "Jeff Arcuri: Nice to Meet You," his comedy reaching new audiences and a time when crowd work didn't go as expected.
Technology
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Amazon plans to deploy more than 5,000 satellites for new telecom service
Amazon Leo wants to launch a constellation of thousands of satellites to connect devices directly from space.
Theaters score with themed popcorn buckets
Bradley Blackburn visits gets a taste of the custom popcorn buckets from movies like "The Odyssey" that are driving fans crazy.
How AI powered robots are helping small farms
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.
Brands cash in on AI influencers
A growing number of faces on your feeds are generated by artificial intelligence, and brands are buying in. Increasingly, these AI influencers are marketing products, often deceptively, to consumers. Shanelle Kaul has more.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Science
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Science
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Crime
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Crime
The Au Pair Affair: Banfield Sentenced to Life
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
Courtroom Emotion During Larry Millete Trial
In a trial with no body and no crime scene, is circumstantial evidence enough to convict? Larry Millete's murder trial continues this week with shocking courtroom revelations. He is accused of killing his wife, 39-year-old mother of three Maya Millete. With cameras banned from the courtroom, 48 Hours correspondent Peter Van Sant and CBS News legal reporter Katrina Kaufman break down the past two weeks of testimony, from texts inquiring about a hitman, to a mysterious freezer wheeled out of the home just two days after she disappeared.
The Trial of Larry Millete Begins | Case by Case
After years of waiting, Larry Millete's murder trial is underway in San Diego. He is accused of killing his wife, Maya Millete, who disappeared in 2021. The first week has already delivered bombshell testimony. In this episode of "Case by Case," "48 Hours" correspondent Anne-Marie Green and CBS 8 San Diego reporter Kelly Hessedal break down the 2021 disappearance of Maya before diving into the stunning allegations laid out in court–including an alleged affair and emails with online spellcasters.
Disturbing New Allegations Against D4vd
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
Police seek third Seattle shooting suspect
Seattle police are hunting for a third suspect being linked to a deadly shooting at a food festival near the Space Needle. CBS News' Carter Evans reports.
Space
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Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer music highlights of 2026
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
The Au Pair Affair: Banfield Sentenced to Life
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
Courtroom Emotion During Larry Millete Trial
In a trial with no body and no crime scene, is circumstantial evidence enough to convict? Larry Millete's murder trial continues this week with shocking courtroom revelations. He is accused of killing his wife, 39-year-old mother of three Maya Millete. With cameras banned from the courtroom, 48 Hours correspondent Peter Van Sant and CBS News legal reporter Katrina Kaufman break down the past two weeks of testimony, from texts inquiring about a hitman, to a mysterious freezer wheeled out of the home just two days after she disappeared.
Survivor Finalist Joe Hunter's Fight for Justice
During his time competing on "Survivor," Joe Hunter has been open about seeking justice for the death of his sister Joanna whose death was ruled a suicide. "48 Hours" correspondent Natalie Morales and producer Michelle Fanucci discuss their investigation into Joanna's death and an interview with Hunter who believes Joanna's husband, former pastor Mark Lewis, staged the scene after years of domestic violence. Mark Lewis has not been charged with any crime relating to the death of Joanna.
The Trial of Larry Millete Begins | Case by Case
After years of waiting, Larry Millete's murder trial is underway in San Diego. He is accused of killing his wife, Maya Millete, who disappeared in 2021. The first week has already delivered bombshell testimony. In this episode of "Case by Case," "48 Hours" correspondent Anne-Marie Green and CBS 8 San Diego reporter Kelly Hessedal break down the 2021 disappearance of Maya before diving into the stunning allegations laid out in court–including an alleged affair and emails with online spellcasters.
How a County Clerk Upended the Alex Murdaugh Case
The South Carolina Supreme Court just issued a stunning unanimous ruling overturning the 2023 double murder convictions of Alex Murdaugh. In this episode of "Case by Case", "48 Hours" correspondent Anne-Marie Green and University of South Carolina School of Law professor Colin Miller break down the jury tampering allegations against Becky Hill that sent this notorious case back to square one.