Why built-to-rent communities are becoming popular
With home prices and interest rates remaining stubbornly high, many people who believe they will never be able to afford a home are turning to built-to-rent communities. Kris Van Cleave explains.
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With home prices and interest rates remaining stubbornly high, many people who believe they will never be able to afford a home are turning to built-to-rent communities. Kris Van Cleave explains.
Some cities and states are throwing out single-family zoning to increase density and create more affordable housing.
New rules go into effect this weekend that will change the way homes are bought and sold across country. CBS News senior business and technology correspondent Jo Ling Kent tells us what this means for potential home buyers.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Americans will soon be able to negotiate how much they want to pay realtors in commission as part of a National Association of Realtors settlement with a nationwide group of homeowners. Medora Lee, a money and personal finance reporter with USA Today, joins CBS News with more details.
Starting Aug. 17, new regulations will change how real estate commissions are handled, potentially lowering costs for homebuyers and sellers. Under the new rules, buyers and sellers will have the opportunity to negotiate commissions directly with their agents, a shift that could impact everyone involved in the real estate market.
A larger stock of smaller homes could mean more budget-friendly options for buyers.
Sales of new single-family homes dropped by 11.3% in May, according to a new report from the U.S. Commerce Department, and the National Association of Realtors says home contract signings have hit a record low. Daryl Fairweather, chief economist for Redfin, joined CBS News to discuss the drop in sales.
Millions of Americans are being priced out of home ownership, according to a new study by the Harvard Joint Center for Housing Studies. Chris Herbert, managing editor with the center, joins CBS News with more details on the research.
Millions of U.S. homeowners are spending more than 30% of their monthly income on housing. Here are the hardest hit states.
Four major cities in California were included in a Chapman University study of housing affordability around the world.
As home prices nationwide continue to climb, the federal government is looking into a recent spike in upfront costs associated with buying a house.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
According to the latest data from the National Association of Realtors, the home sales index showed a slump in April. Brianna Crane, a real estate reporter for Axios, joins CBS News with more details for potential homebuyers.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Home sales appear to have fallen in April, according to new data from the National Association of Realtors. CBS News business analyst Jill Schlesinger breaks down the current trends in the real estate market.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.
New Consumer Price Index data indicates inflation slightly slowed in April, but certain costs of living, like gas prices and shelter, are still increasing. CBS News senior business and technology correspondent Jo Ling Kent reports.
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
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.
Some financial experts expect mortgage rates to decline gradually over the coming months. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News with the data behind this projection.
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.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Brothers Jake and Callum Robinson and Jack Carter Rhoad were on a surfing trip to Mexico's Pacific coast in April 2024 when they were shot dead in Baja California.
"We just expected that as soon as this gets in front of a prosecutor actually looking at it and a judge, this is all gonna go away," Karyann Parkinson said.
An Amazon cargo plane overshot a runway at Miami International Airport and crashed into two vehicles before coming to a stop and bursting into flames. Five people were killed.
"It's been a year that I hope we never do it again," said Lander Nicodemus, owner of Torrington Livestock Markets, which auctions about 450,000 head of cattle each year.
"It's been a year that I hope we never do it again," said Lander Nicodemus, owner of Torrington Livestock Markets, which auctions about 450,000 head of cattle each year.
Most major retail stores and grocery chains will remain open on Labor Day, while banks will close.
The average price of regular gas was $4.15 a gallon on Labor Day, well above the Labor Day weekend record of $3.82 from 2012, and diesel was at a new all-time record of $5.90.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
Although worker wages have risen modestly this year, pay is increasing much faster in some metro areas than in others, labor data shows.
U.S. efforts to advance plans to disarm Hamas and open the way for investment into rebuilding Gaza have stalled.
In less than two weeks, the high-energy laser weapon system has taken down 11 drones, coinciding with a 75% drop in drones probing the border, military officials told CBS News.
Alternative for Germany failed to secure an absolute majority in the state legislature to govern alone and overcome the so-called firewall of mainstream parties' refusal to work with AfD.
The suspect "aggressively shoved his way through the crowd" toward Amy Acton, Mahoning County Sheriff Jerry Greene told CBS News.
House Republican Conference Chair Lisa McClain said she is supporting Rep. Max Miller's reelection bid for a third term because "I will support anyone with an R behind their name."
Experts discuss the symptoms, diagnosis and stigma surrounding postpartum psychosis (not to be confused with postpartum depression), a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy.
Postpartum psychosis (not to be confused with postpartum depression) is a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy. Correspondent Faith Salie talks with experts about the symptoms, diagnosis and stigma surrounding postpartum psychosis; and with a mother whose experience of hallucinations and distorted reality soon after giving birth threatened her and her family.
Dawn Jemison started dealing with pelvic pain as a preteen. It took decades to learn why — and to find a solution.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Lindsay Clancy's case is resonating with moms across the U.S. — bringing into focus the spectrum of perinatal mood and anxiety disorders and the lack of resources for many women.
Brothers Jake and Callum Robinson and Jack Carter Rhoad were on a surfing trip to Mexico's Pacific coast in April 2024 when they were shot dead in Baja California.
Pope Leo XIV unveiled the portrait before celebrating Mass with his fellow Augustinian brothers at the Sanctuary of Our Mother of Good Counsel in the medieval village of Genazzano, south of Rome.
U.S. efforts to advance plans to disarm Hamas and open the way for investment into rebuilding Gaza have stalled.
Masked British protesters snarled traffic at a busy passenger ferry port and tried to block buses carrying newly arrived migrants, drawing criticism from virtually all corners.
Prince Harry and Meghan stepped down as senior working members of the royal family in January 2020, and this position, the letter said, "will continue to be fully respected."
Theranos founder Elizabeth Holmes, already serving an 11-year sentence for defrauding investors, is now also the star of a new documentary co-created by an absurdist comedian. CBS News' Lilia Luciano has the story.
Prince Harry and Megan Markle have returned to the U.K., but not to any official royal duties. But just in case there is any hint of confusion, King Charles released a letter of clarification on Monday. CBS News' Holly Williams has details.
Labor Day weekend not only marks the traditional end of summer, but the start of the fall television season. The Hollywood Reporter senior editor Alex Weprin joins CBS News to discuss.
As the dust settled on NYC following the 9/11 attacks, Robert De Niro and producer Jane Rosenthal founded the Tribeca Film Festival as a way to pull Lower Manhattan out of the ashes and help revitalize a shattered city.
As the dust settled on New York City following the 9/11 attacks, Robert De Niro and his longtime business partner, producer Jane Rosenthal, looked for ways to pull Lower Manhattan out of the ashes. The Tribeca Film Festival, which debuted in 2002, has not only successfully launched a new generation of filmmakers; it has also helped revitalize the city in what De Niro called "an act of defiance." Tracy Smith talks with De Niro and Rosenthal about their festival's mission: to use art as an antidote to what they see as traumatic times facing America.
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
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.
At the U.S. Open, artificial intelligence is giving players and fans a new way to experience the tournament.
At this year's U.S. Open, live artificial intelligence insights are bringing the digital world to the court, reshaping the tournament experience. CBS News digital reporter Lauren Fichten has the details.
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.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Brothers Jake and Callum Robinson and Jack Carter Rhoad were on a surfing trip to Mexico's Pacific coast in April 2024 when they were shot dead in Baja California.
"We just expected that as soon as this gets in front of a prosecutor actually looking at it and a judge, this is all gonna go away," Karyann Parkinson said.
A Virginia mother is walking the line between helping a child develop their independence and criminal child neglect, fighting charges of abuse after letting her 5-year-old son walk outside alone. CBS News' Mark Strassmann is following the story.
Theranos founder Elizabeth Holmes, already serving an 11-year sentence for defrauding investors, is now also the star of a new documentary co-created by an absurdist comedian. CBS News' Lilia Luciano has the story.
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
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.
Hurricane Lowell is barreling toward Hawaii, bringing the potential for life-threatening floods. CBS News' Carter Evans is in Kauai with more. Then, Rob Marciano joins with the latest forecast.
There are some unusual jobs out there, but one you've probably never heard of is professional banana ripener. CBS News' Michael George explains what goes into making the perfect banana.
Hospitals are looking to hire as a nationwide nursing shortage is expected to worsen in the coming years, and that opportunity is attracting some workers considering a career change. CBS News' Bradley Blackburn reports.
A Virginia mother is walking the line between helping a child develop their independence and criminal child neglect, fighting charges of abuse after letting her 5-year-old son walk outside alone. CBS News' Mark Strassmann is following the story.
Theranos founder Elizabeth Holmes, already serving an 11-year sentence for defrauding investors, is now also the star of a new documentary co-created by an absurdist comedian. CBS News' Lilia Luciano has the story.