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.
Housing Crisis
Want to rent a single-family home? Here's where it's most affordable.
With homeownership costs increasingly unaffordable, millions of people are instead renting their piece of the American Dream.
Economy is a 2024 election top voter priority
The economy is the issue voters most care about when thinking ahead to the 2024 presidential elections, according to a CBS News poll. CBS News correspondent Lana Zak met with Georgia voters who are divided on the state of the economy.
What $1.8B ruling means for real estate industry
Earlier this week, a federal jury awarded $1.8 billion in damages against the National Association of Realtors and several real estate companies for finding that they artificially inflated brokerage commissions. Carter Evans takes a look at what the staggering payout could mean for the real estate industry.
Could a housing market recession be looming?
The lack of housing supply in the United States is related to the ongoing spikes in interest rates. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News to explain the mortgage "lock-in effect," which may be keeping homes off the market.
More young adults in the U.S. are living at home with their families
Roughly 45% of Americans ages 18 to 29 are living at home with their families — the highest level in 70 years, new data shows.
Home shortage continues despite building boom
Real estate experts say new apartment construction in the U.S. is now on track to beat a 50-year high, but the new buildings aren't alleviating the housing shortage. A new report from Axios found the majority of these new apartments are concentrated in just 20 metro areas across the country and most of the new units are luxury apartments. Axios real estate reporter Sami Sparber joined CBS News discuss the trend.
Mortgage rates continue to climb — and could soon reach 8%
Fed signaled it might raise its benchmark rate before year's end, which may catapult mortgage rates even higher.
8/24: CBS News Mornings
Democratic challenger chosen for Florida governor's race; Land-value tax could help fix the U.S. housing crisis
Renting a home may be more financially prudent than buying one, experts say
Potential homebuyers need to consider the total cost of a home, including mortgage rates, property insurance, property taxes and maintenance.
Home costs rise on East Coast, fall in West
The nation's housing prices are seeing their first year-over-year decline since 2012. That decline, however, was not felt across the board. While prices fell in cities like Seattle, San Francisco and Las Vegas, home buyers in places like Miami, Chicago and Atlanta were asked to pay more. Wall Street Journal housing reporter Nicole Friedman joins CBS News to break down what's going on in the housing market.
Black couple settles discrimination lawsuit over low home appraisal
The licensed real estate appraiser, who doesn't have to admit any liability in the case, is mandated to attend training sessions on segregation and agree to not discriminate in the future.
Difficult economy and loneliness forces some retirees to move in with family
An estimated 60 million Americans live in households with two or more adult generations, according to numbers from the Pew Research Center.
Gen Z Congressman-elect denied an apartment over "really bad" credit
Maxwell Frost went into debt running for his historic congressional win. It's now making it difficult for him to get a home near the House.
Housing market correction could come soon
Housing prices could see a steep drop soon. Many homes on the market are currently "overvalued" and with higher mortgage rates demand is drying up, causing some economists to predict costs will drop to more realistic levels. Moody's Analytics chief economist Mark Zandi joins "CBS News Mornings" to explain what he thinks will be changing in the housing market over the coming year.
How a land-value tax could help U.S. housing
As the U.S. faces a housing crunch, a land-value tax could reshape how people afford homes and businesses. Daryl Fairweather. chief economist at Redfin and an Insider Business contributor, joins "CBS News Mornings" to discuss her findings.
Rents rising across the U.S.
Rent in the U.S. is rising at the fastest rate in decades. According the Washington Post, the average cost of rent increased 11.3% in 2021. Washington Post U.S. economy reporter Ahba Bhattarai joins CBS News to discuss what is causing the increase and who is most impacted by it.
Dallas Fed warns of housing bubble
The Federal Reserve Bank of Dallas is warning Americans that there could be a housing bubble on the horizon. Sheryl Palmer, chairman, president and CEO of homebuilding business Taylor Morrison, joins CBS News' Tanya Rivero and Nikki Battiste and shares why she disagrees.
Dire U.S. housing shortage isn't only a coastal issue anymore
Home prices are skyrocketing amid a shortage of properties — a crisis spreading to once-affordable towns across the U.S.
This week on "Face the Nation with Margaret Brennan," July 17, 2022
Rep. Adam Kinzinger, former FDA Commissioner Dr. Scott Gottlieb and more appear on "Face the Nation with Margaret Brennan" this Sunday.
MoneyWatch: Average rent up by over $1,000
Across America, the cost of rent is on the rise. Five cities saw average increases of over $1,000 per month from 2021 to 2022. Rent.com Senior Managing Editor Brian Carberry joins "CBS News Mornings" to explain what's driving up costs and what renters can do to save money.
Navigating rent and home price hikes
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the housing affordability crisis, as home prices are up more than 34% over the last two years and rent has increased almost 17% from last year. Schlesinger offers advice for renters who may have a lease coming up soon and for home buyers who are trying to figure out what they can afford.
25 years after 9/11 attacks, America reflects and remembers
Four former presidents were at the World Trade Center memorial site for 9/11 commemorations, while President Trump spoke at the Pentagon.
CIA declassifies dozens of never-before-seen 9/11 documents
The CIA released 71 reports from the months and years leading up to 9/11, providing a new look at what the spy agency told two presidents before the deadly strikes.
Gen. Dan Caine reflects on responding to 9/11: "No doubt" nation was at war
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Live
Diesel hits record $6 a gallon as Iran-backed Houthis take key Red Sea territory
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Exclusive
25 years later, family meets woman who took flight attendant's historic 9/11 call
An American Airlines reservations agent who took Betty Ong's historic 9/11 call recalls the flight attendant's bravery.
Lindsay Clancy juror reveals more about holdout and what swayed her own decision
A mistrial was declared in the murder trial of Lindsay Clancy after jurors could not reach a unanimous decision. One of the jurors shares details on their deliberations in an interview with Gayle King.
First on CBS
Navy sailor appeared on stage at partisan GOP convention
A Navy sailor who was still on active duty as of this week appeared at the Republican midterm convention on Thursday.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Gen. Dan Caine reflects on responding to 9/11: "No doubt" nation was at war
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Chicago rapper Lil Durk acquitted in Los Angeles murder-for-hire plot
A federal jury in Los Angeles has acquitted Grammy-winning Chicago rapper Lil Durk in a murder-for-hire plot targeting another rapper.
Heroes of Flight 93 remembered for their courage 25 years on from 9/11
On Sept. 11, 2001, the passengers and crew bravely decided to storm the cockpit of United Airlines Flight 93, preventing the terrorists who had taken control of the plane from flying it to Washington, D.C.
MoneyWatch
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Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
See how your income tax bracket could change for 2027
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
How lower-paid workers are getting their biggest pay raise in years
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
Record-setting cyclospora outbreak is over, U.S. health officials say
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.
Politics
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Exclusive
An exclusive look aboard the USS George Washington in its role in the Iran war
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Gen. Dan Caine reflects on responding to 9/11: "No doubt" nation was at war
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Ex-CIA official found with $40 million in gold bars in plea deal talks
The court filing did not indicate what charges David Rush could plead to.
Michigan Senate candidates battle over their records on 9/11 at 25-year mark
The candidates in Michigan's closely watched U.S. Senate race, Democrat Abdul El-Sayed and Republican Mike Rogers, have exchanged criticism over their records on the 9/11 attacks.
CIA declassifies dozens of never-before-seen 9/11 documents
The CIA released 71 reports from the months and years leading up to 9/11, providing a new look at what the spy agency told two presidents before the deadly strikes.
HealthWatch
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Trump admin. to send $500 checks to nearly 1 million ACA enrollees
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Record-setting cyclospora outbreak is over, U.S. health officials say
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.
Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
A generation of kids suffers as Trump destabilizes immigrant families
Children in immigrant families are facing multiple health threats from President Trump's policies.
World
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Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
Saudi Arabia's MBS pressed Trump to strike Houthis in Yemen, sources say
Saudi Crown Prince Mohammed bin Salman has personally pressed President Trump to take military action against the Iran-backed Houthis, sources tell CBS News.
Sweden's election could mark major milestone for Europe's populist right
Once shunned over its extremist roots, the Sweden Democrats could enter government for the first time as voters weigh immigration, crime and Sweden's political transformation.
American woman allegedly smuggled drugs for free trip to Japan
One of the women told police that she took the job for the money and because "I was attracted by the fact I could go to Japan for free," Nippon TV reported.
Live
Diesel hits record $6 a gallon as Iran-backed Houthis take key Red Sea territory
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
Entertainment
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Nashville airport one step closer to being renamed for Dolly Parton
The Metro Nashville Airport Authority board voted 6-0 on Friday to begin the process of changing the name and said a final name has not been chosen.
Dolly Parton's sister on Dolly's marriage
Dolly Parton's younger sister sat down with Gayle King for a conversation that included Dolly's makeup routine and her decades-long love affair with her husband Carl.
Sandra Bullock, Lee Pace on "Practical Magic 2"
Sandra Bullock and Lee Pace sat down with Adriana Diaz to discuss "Practical Magic 2," which premieres Friday.
Exclusive
Stella Parton says her sister Dolly was prepared and at peace when she died
Stella Parton gives insight into her sister Dolly Parton's marriage, makeup habits and views on death in an exclusive CBS News interview.
Dolly Parton's sister on star's life, death
Dolly Parton's sister, Stella, sits down with Gayle King for her first interview since Dolly's death to discuss her sister's legendary life. Stella Parton says the country star was "definitely prepared" and at peace when she died last month.
Technology
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Technology
The biggest real-world risks of AI
A number of tech insiders have voiced concerns and given dire warnings in recent days about the rapid growth of AI. CBS News' Jo Ling Kent and Maya Blackstone have more.
Are bioweapons a looming AI threat?
Some tech insiders are sounding the alarm on the dangers of artificial intelligence, which could be used to disable critical infrastructure or create biological weapons. Dr. Céline Gounder weighs in.
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.
AI could "kill us all," researcher says
Two tech insiders are sounding the alarm on artificial intelligence. Former Anthropic researcher Jacob Coxon warns that AI could "kill us all," and now former Google DeepMind researcher Alex Turner warns that society is "just not prepared."
Ex-Anthropic researcher warns AI could grow "smart enough to kill us"
The development of AI "doesn't look that different from say, 'Terminator,' or from science fiction films," Jacob Coxon said.
Science
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First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
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.
Vote on the fattest marmot now
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 plans to launch new space telescope
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.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
Crime
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Man arrested in death of Tasia Fortune, woman found hanging from tree
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
State of al‑Qaeda 25 years after 9/11 attacks
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
New terror threats against U.S. post 9/11
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
Suspects in $6 million romance scam targeting women extradited to U.S.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
American woman allegedly smuggled drugs for free trip to Japan
One of the women told police that she took the job for the money and because "I was attracted by the fact I could go to Japan for free," Nippon TV reported.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
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.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
Dolly Parton: An extraordinary life in pictures
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.
Investigating the death of designer Sylvie Cachay
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 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.
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.
Latest CBS News Videos
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Latest CBS News Videos
9/11: We Remember
CBS News marks 25 years since the 9/11 terror attacks through powerful stories of survival, loss and resilience.
Tony Dokoupil reflects on 9/11
Tony Dokoupil reflects on the legacy of the September 11, 2001, terror attacks, 25 years later.
Caine describes defending U.S. skies on 9/11
On Sept. 11, 2001, then-Maj. Dan Caine was chief of weapons and tactics for the 121st Fighter Squadron at Andrews Air Force Base in Maryland. Caine, now the chairman of the Joint Chiefs of Staff, tells Norah O'Donnell about jumping into action when the second plane hit the World Trade Center.
FDNY family shares their tragic 9/11 experience
Tony Dokoupil tells the story of a New York City Fire Department family that experienced 9/11 through three generations and how they remember the loved one they lost 25 years later.
Woman reunites with baby she saved on 9/11
On Sept. 11, 2001, Darla Stuckey went to work at the New York Stock Exchange like any other morning. Then, moments after the World Trade Center attacks, she had a chance encounter that forever changed her life -- and that of a nine-month-old baby. Lesley Stahl has the story.