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.
Housing Crisis
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.
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.
Jane Doe's account of what happened at Cornell fraternity house
Trump says Europe will release "massive amount" of diesel oil from stockpiles
Gov. Hochul on Cornell: "I will not allow anyone to sweep this case under the rug"
Live
Trump vows Iran war to end "very quickly" as more troops head to Mideast
FlyDubai captain tells survival story to India's leader: "I was fighting for my life"
Employers added 29,000 jobs in September, missing economic forecasts
$1.7 million raised in scheme for Hamas, including from U.S. donors, feds say
Photo of Jane Doe shared in Snapchat group on night of alleged rape
