Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Housing Crisis
People turning to BNPL loans to pay for rent, food and other necessities
More consumers are taking out "buy now, pay later" loans to make ends meet, a sign of the U.S. affordability crisis, according to consumer advocates.
A housing alternative right in your own backyard
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home (usually in the backyard) that serve as carriage houses or "granny flats." But as wildfires have displaced residents in the West, ADUs have filled a vital need where housing has proved scant or expensive. Correspondent Lee Cowan looks at the practical and legal challenges to making ADUs available. [Original air date: May 17, 2026.]
See how much renters pay for a 2-bedroom home in 50 U.S. cities
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
More adults moving back home
With wages stagnant, inflation up, and the cost of living increasing, more American adults are seeing their parents as potential roommates as they look to save cash. CBS MoneyWatch reporter Megan Cerullo has more.
Stocks rebound as some tech companies rally
Wall Street saw a big rebound on Thursday, with the Dow and Nasdaq shooting up more than 600 points. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
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.
Bipartisan housing bill becomes law
The largest housing bill in years is now law without President Trump's signature. Ali Bauman reports on what the new housing law will do.
Trump won't sign housing bill over SAVE Act
President Trump announced on social media Friday that he is withholding his signature on a bipartisan housing affordability bill "in protest" because his SAVE America Act has yet to pass the Senate. CBS News' Olivia Rinaldi reports from Washington, D.C.
Starter Homes are a Million Bucks Now
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.
Bipartisan housing bill aims to boost homeownership. Could it work?
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
Trump threatens housing bill signing
President Trump canceled the signing of the bipartisan housing bill, saying he won't sign it until the SAVE America Act passes. CBS News' Aaron Navarro has more.
San Diego mayor on Senate housing bill
The Senate overwhelmingly approved one of the largest pieces of federal housing legislation in the last 20 years on Monday. San Diego Democratic Mayor Todd Gloria, one of the bill's biggest champions, joins "The Takeout" with his reaction.
Senate passes landmark housing affordability bill after bipartisan breakthrough
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Zillow: 242 cities have $1 million starter homes
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.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
How much does becoming a homeowner at 30 boost your net worth?
Hopping on the property train earlier in life can significantly increase your wealth, a recent study found. Here's how much.
Warren breaks down newly-passed housing bill
The Senate on Thursday overwhelmingly passed a bill aimed at lowering housing costs. Democratic Sen. Elizabeth Warren of Massachusetts joins "The Takeout" to break down the legislation.
House hunting? Here's what to know as the spring buying season arrives.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Rival bills want to make homebuying more affordable. Here's how.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Will banning big home investors lower prices? Experts are skeptical.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
At 87, he can't afford his rent without a roommate. He's far from alone.
More than 1 million Americans over 65 lived with roommates they aren't related to in 2024 — a 16% increase from 2019.
87-year-old lives with roommate to help cover rent
More than 1 million Americans over the age of 65 lived with roommates they aren't related to in 2024 -- a 16% increase from 2019. Elaine Quijano spoke to two of them in New York City.
Jane Doe's account of what happened at Cornell fraternity house
Employers added 29,000 jobs in September, missing economic forecasts
FlyDubai captain tells survival story to India's leader: "I was fighting for my life"
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