More homeowners are pulling their properties off the market. Here's why.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
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Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
U.S. home prices are dropping the most in the South and West, according to a new report from Realtor.com.
New data from the National Association of Realtors shows U.S. home sales jumped 4.2% month-over-month in February, though year-over-year there was a slight drop. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Metros in the Midwest and Northeast stole the top slots on this year's list.
The way that real estate agents across the nation get paid has dramatically changed. Home sellers no longer have to offer compensation to the buyer's agent, while commissions could add thousands of dollars for homebuyers hoping to find something affordable. Elise Preston has details.
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.
Although the market remains tight, a rise in inventory could break up clouds for homebuyers, analysts say.
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.
The National Association of Realtors' agreement to resolve all claims against the group by home sellers related to broker commission may lead to homeowners paying a lot less to sell their homes. Tomasz Piskorski, a professor at Columbia Business School, joins CBS News with more.
The powerful National Association of Realtors on Friday agreed to do away with the standard 6% commission rate for home sellers as part of a settlement over multiple lawsuits. The shift means that brokerage fees are expected to drop considerably. Elise Preston examines what this could mean for the industry.
The National Association of Realtors, which represents more than a million real estate agents nationwide, settled a number of lawsuits Friday. One of the conditions of the agreement is that rules on commissions for agents brokering a home sale will be eliminated, meaning that the standard 5% to 6% commission rate could be gone as soon as this summer.
As part of a settlement Friday in a landmark antitrust lawsuit, the National Association of Realtors has agreed to eliminate rules on commissions, meaning buyers and sellers would be able to negotiate fees with realtors.
The U.S. housing market slumped badly last year amid surging mortgage and a dearth of affordable properties, new data shows.
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Annual drop was steepest in Western part of country, where purchases sank more than 30% from a year ago.
In some cities, the milestone income falls way short of a six-figure lifestyle, a SmartAsset analysis shows.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
After the height of the pandemic, data shows more people have moved away from big cities and are heading toward Florida, Texas and the Carolinas. Nadia Evangelou, senior economist and director of real estate research with the National Association of Realtors, joins "CBS News Mornings" to discuss which areas are seeing the biggest population booms.
President Trump's order imposing 10% tariffs came just hours after the Supreme Court struck down a different set of sweeping global tariffs.
President Trump said he was "ashamed of certain members of the court" after the Supreme Court struck down most of his tariffs.
American Express tells CBS News it regrets having had Jeffrey Epstein as a client, as files reveal he used the company to book travel for multiple women or girls.
President Trump says he's considering limited strikes against Iran as negotiations over its nuclear program are underway. Here are some of the figures talking with him about the decision.
Labor Secretary Lori Chavez-DeRemer's husband was banned from the Labor Department building after agency employees alleged he had touched them inappropriately, sources said.
The Trump administration fired an interim top prosecutor in Eastern Virginia almost immediately after he was hired by a panel of judges, deepening the conflict between the DOJ and the judiciary in that region.
The U.S. men's hockey team will face Canada on Sunday for the gold medal. The U.S. men have not won gold in the Olympics since the "Miracle on Ice" team in 1980.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
The driver of the vehicle, a 23-year-old man from Albany, New York, had been reported missing and died of a self-inflicted gunshot wound, police said.
House Speaker Mike Johnson's office has denied a request to have the late Rev. Jesse Jackson lie in honor in the U.S. Capitol Rotunda due to past precedent.
The 5th Circuit Court of Appeals has cleared the way for a Louisiana law requiring poster-sized displays of the Ten Commandments in public classrooms to take effect.
A federal judge who took the extraordinary step of holding a government lawyer in contempt of court earlier this week blasted the Justice Department for its handling of immigration cases on Friday.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
The recall involves 3.4 million pounds of frozen chicken fried rice products shipped to Trader Joe's locations nationwide and to retailers in Canada.
A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
House Speaker Mike Johnson's office has denied a request to have the late Rev. Jesse Jackson lie in honor in the U.S. Capitol Rotunda due to past precedent.
The Trump administration fired an interim top prosecutor in Eastern Virginia almost immediately after he was hired by a panel of judges, deepening the conflict between the DOJ and the judiciary in that region.
The 5th Circuit Court of Appeals has cleared the way for a Louisiana law requiring poster-sized displays of the Ten Commandments in public classrooms to take effect.
A federal judge who took the extraordinary step of holding a government lawyer in contempt of court earlier this week blasted the Justice Department for its handling of immigration cases on Friday.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
Travis Corbitt's struggles to breathe led to his retirement and reliance on an oxygen tank.
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
With his six medals at Milano Cortina, Johannes Høsflot Klaebo has broken and extended the previous record of eight for most career Winter Olympic gold medals.
Sweden, which has won the women's curling competition three times since curling returned to the Olympic program in 1998, beat Canada 6-3.
The U.S. men's hockey team will face Canada on Sunday for the gold medal. The U.S. men have not won gold in the Olympics since the "Miracle on Ice" team in 1980.
Alysa Liu stunned the skating world by retiring at age 16. Two years later, she returned to the ice, and now she's won gold at the Winter Olympics.
President Trump says he's considering limited strikes against Iran as negotiations over its nuclear program are underway. Here are some of the figures talking with him about the decision.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
"Survivor" returns next week for its 50th season and features fan favorite contestants, including "The White Lotus" creator Mike White. He reflects on his time on the reality competition show, saying, "everybody in my business wants the Oscar. It's like you losers like I wanna win Survivor."
"America's Next Top Model" winner Eva Marcille tells "CBS Mornings" that she "was gobsmacked" after watching behind-the-scenes moments from the reality competition show.
Millennial icon Hilary Duff is out with new music for the first time in more than a decade. She spoke to Anthony Mason about her return to performing, the decision to open up about relationships in her music and life as a mother of four.
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
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.
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Meta CEO Mark Zuckerberg testified Wednesday in a civil case over social media addiction allegations that skyrocketing social media use shows how people value the sites and it's not a strategy to keep users addicted. Jo Ling Kent reports.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
New Mexico's attorney general has reopened an investigation into activities at a ranch once owned by convicted sex offender Jeffrey Epstein. CBS News correspondent Ian Lee has more.
The FBI investigated a possible act of terrorism outside of Las Vegas on Friday. This came after a driver armed with guns and explosives attempted to ram his car into a power facility not far from the Hoover Dam. CBS News correspondent Carter Evans has more.
Investigators in the Nancy Guthrie case have turned to genetic genealogy as they try to make the most of potential DNA evidence.
Investigators are combing through evidence and turning to commercial genealogy companies for DNA leads in the search for Nancy Guthrie, who was reported missing on Feb. 1. CBS News' Andres Gutierrez has the latest.
19-year-old college student Sade Robinson went on a first date in 2024 and never returned home. 48 Hours correspondent Anne-Marie Green previews "Sade Robinson and The Secret Beach."
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
A successful fueling test prompts NASA to press ahead toward a March 6 moonshot.
NASA's new boss blasted both Boeing and his own space agency for the botched Starliner flight that left two astronauts stuck in space for months.
Astronauts Barry "Butch" Wilmore and Sunita Williams were expecting to spend eight to 10 days in space. They ended up remaining in orbit for 286 days.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
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Two days after Andrew Mountbatten-Windsor, a former British prince, was arrested and questioned by police on suspicion of misconduct in public office, the investigation into him is expanding.
48 Hours correspondents Anne-Marie Green and Natalie Morales examine the cold case of Mary Kay Heese on Post Mortem. The 17-year-old girl was murdered in Wahoo, Nebraska, in 1969. Here's how the evidence came together to make an arrest over 50 years later.
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
President Trump warned Friday that limited strikes on Iran are possible as he pressures the country to dismantle its nuclear program. The U.S. is continuing to ramp up its firepower in the Middle East, with the aircraft carrier USS Gerald Ford and three other warships entering the Mediterranean Sea on Friday.