Here's how much wealth you need to thrive, based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
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Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
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 cost of a typical starter home has never been higher. Cristian Benavides has more in "Affordability in America."
Data from the National Association of Realtors shows that 35% of single women ages 18 to 26 are buying homes compared to just 18% of single Gen Z men. However, as a whole, the age group is struggling to keep up with others when it comes to owning a home. Jessica Lautz, the deputy chief economist at the National Association of Realtors, joins "The Daily Report" to discuss.
CBS News business analyst Jill Schlesinger dives into the state of the housing market and offers tips for deciding which home renovations to invest in.
A new CBS News investigation revealed that many Florida homeowners have had their home insurance policies transferred out of the state-run insurance program, into dozens of small, private companies, without their consent or input. CBS News national correspondent Ash-har Quraishi reports.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
President Trump has unveiled two policies aimed at making home ownership more affordable. One is to ban large investors from buying single-family homes and another is for the federal government to purchase $200 billion in mortgage bonds. Collin Allen, executive director of the nonpartisan American Property Owners Alliance, joins to weigh in on the plans.
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
Homeownership feels increasingly out of reach for many American families. A new study found that more than 75% of homes across the U.S. are unaffordable for the average household. CBS News MoneyWatch reporter Megan Cerullo has more.
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.
The American dream feels increasing out of reach as home prices have skyrocketed for years. The latest report from the National Association of Realtors shows the share of first-time home buyers has dropped to 21%. Andres Gutierrez reports from Burbank, California.
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.
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
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 May, there were 34% more sellers than buyers nationally, according to the real estate company Redfin. That is the highest rate since Redfin started gathering data in 2013. Kelly O'Grady reports.
Cities in Texas, Illinois and Florida are ranking among the best places for first-time homebuyers, according to a new report by SmartAsset. CBS News' Errol Barnett has more.
A man in Norway woke up Thursday to find a 440-foot container ship dangerously close to his front doorstep. There were no injuries, and the cause remains unknown.
Less than two weeks from the start of the Atlantic hurricane season, a new study says wind-related hurricane damage for homeowners living in southeastern coastal states could rise substantially in the coming decades. CBS News national correspondent Dave Malkoff has more.
In California, we look into efforts to deal with squatters illegally dwelling on other people’s property. Then, we explore the growing Land Back movement which aims to reconnect indigenous people with their ancestral land. Watch these stories and more on Eye on America with host Michelle Miller.
When a natural disaster strikes, it can create a financial storm for homeowners who have lost everything. Dave Malkoff reports that many are often left temporarily homeless and still obligated to pay their monthly mortgage.
One-third of Americans who rent may not realize their payments don't necessarily contribute to their credit score. Bilt Rewards offers renters the chance to report payments, earn rewards, and track mortgage progress. Founder and CEO Ankur Jain explains a new program that will give homebuyers rewards, too.
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
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.
Due to a nationwide shortage, many prospective homeowners have been unable to get into the home of their dreams. A growing nationwide coalition of pro-housing advocates part of the "YIMBY" movement believe more building density can solve the problem. Ash-har Quraishi explains.