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.
Secretary of State Marco Rubio said the U.S. was expecting a response from Iran on a peace proposal Friday, adding, "we'll see what the response entails."
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
Kirk Moore, the Oklahoma principal who tackled a gunman, sits down with CBS News for a network exclusive interview airing Monday on "CBS Mornings."
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
The congressional redistricting referendum was passed by Virginia voters last month and would have given Democrats a more favorable map.
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
Boca Raton is one of the wealthiest cities in Florida, but even along its golden sands, people still get stuck in fiscal undertows.
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
In an exclusive interview with CBS News, former reality star Spencer Pratt addressed his inexperience in politics as he runs for L.A. mayor.
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
U.S. citizens potentially exposed to hantavirus amid the deadly outbreak aboard the MV Hondius cruise ship could be on their way back to the U.S. as soon as next week. Under newly-released plans, a special biocontainment unit in Nebraska is preparing to host at least 17 people for mandatory isolation.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
Global health officials are working to track down passengers who departed a hantavirus-stricken cruise ship weeks ago, including multiple Americans. Meanwhile, for the first time on Thursday, President Trump addressed the response to the deadly outbreak. Tom Hanson has the latest on the cruise ship and Dr. Celine Gounder breaks down what to know about the virus.
After almost a full day of sailing, the hantavirus-stricken cruise ship is slowly closing in on its destination, about 600 nautical miles away from Spain's Canary Islands. Tom Hanson has more details, and Dr. Jon LaPook has more about the virus.
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
One U.K. lawmaker says big election losses for the ruling Labour Party and its main rivals show the de-facto two-party system is "not just dying, it is dead."
State-run media reported that the newly found rough ruby was discovered in mid-April, just after the traditional New Year festival.
On Oct. 30, 1938, CBS News Radio listeners were sent into a frenzy listening to Orson Welles' reading of H.G. Wells' "War of the Worlds," thinking it was a real broadcast detailing an alien invasion. CBS News' Caitlin Huey-Burns introduces the fictional, now-iconic breaking news bulletin.
Australian musician Ben Abraham has worked with multiple singers, from Sara Bareilles to Ben Platt. The singer-songwriter speaks to "CBS Mornings" about the highs and lows of his music journey and how he hopes he can "make a difference" through his art.
UFC president and CEO Dana White joins "CBS Mornings" to break down UFC 328, which is being held this weekend. The main event features undefeated champion Khamzat Chimaev defending his middleweight belt against former champion Sean Strickland.
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
(Warning: Spoilers ahead!) "CBS Mornings" reveals details of the latest "Survivor 50" episode and elimination ceremony, which had another surprise for the castaways.
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
A system that thousands of schools and universities use was offline due to a cyberattack.
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.
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
A CBS News team analyzed the security footage of the White House Correspondents' Dinner shooting. Nicole Sganga breaks down what we learned.
A CBS News visual investigation reveals new details in an alleged assassination attempt on President Trump at this year's White House Correspondents' Dinner.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
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.
The WNBA's 30th anniversary season is officially underway. The Athletic senior writer Anna Costabile joins "The Daily Report" with a preview.
Twenty-four years ago, photojournalist Gilbert Zermeño lost both his mother and sister to hantavirus. After cleaning their house, he was also exposed to rodent droppings and became infected. He joins "The Daily Report" to discuss.
Twenty-six-year-old Ana Duarte said that as a child, she and her mother were homeless in Florida. Now, she has found an apartment for her and her mom. Steve Hartman has the story.
The Pentagon on Friday began releasing hundreds of files on UFOs after President Trump ordered the documents to be made public. CBS News Pentagon reporter Eleanor Watson reviewed the 28 videos in the first batch of files and chose six that stood out to her the most.
The Oklahoma high school principal who tackled an armed former student and prevented a mass shooting was honored for his bravery at Thursday night's Oklahoma City Thunder playoff game. He sat down with Matt Gutman about the moment.