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.
Watch CBS News
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.
White House press secretary Karoline Leavitt said talks between Washington and Tehran were ongoing, hours after Iran's state media said the regime rejected proosals by the Trump administration.
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
A potential deal to end the DHS shutdown has stalled on Capitol Hill after Senate Democrats made their latest counteroffer. Follow live updates.
An internal watchdog report in the Department of Homeland Security identified serious vulnerabilities in TSA's screenings at airports nationwide.
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
"This is the first time I've experienced something like this in my entire life," one traveler said as TSA lines snaked through George Bush Intercontinental Airport.
El Paso, Texas, and Los Angeles, California, had some of the worst air pollution in the U.S. last year, according to a new report.
The Supreme Court ruled that internet service provider Cox Communications cannot be held liable for copyright infringement by its subscribers.
The 31-year-old American matched Austrian downhill great Annemarie Moser-Pröll, who won her six titles in the 1970s.
El Paso, Texas, and Los Angeles, California, had some of the worst air pollution in the U.S. last year, according to a new report.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
First lady Melania Trump argued that humanoids can help children develop critical thinking skills — and robots never get impatient.
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
The Supreme Court ruled that internet service provider Cox Communications cannot be held liable for copyright infringement by its subscribers.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
A judge sharply questioned a lawyer for the federal government on Tuesday over the Pentagon's efforts to cut Anthropic's AI out of its classified systems.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
First lady Melania Trump argued that humanoids can help children develop critical thinking skills — and robots never get impatient.
The Supreme Court ruled that internet service provider Cox Communications cannot be held liable for copyright infringement by its subscribers.
An internal watchdog report in the Department of Homeland Security identified serious vulnerabilities in TSA's screenings at airports nationwide.
A potential deal to end the DHS shutdown has stalled on Capitol Hill after Senate Democrats made their latest counteroffer. Follow live updates.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
El Paso, Texas, and Los Angeles, California, had some of the worst air pollution in the U.S. last year, according to a new report.
Some Iranians who'd hoped for regime change say the realities of the U.S. and Israel's war have been a "rude awakening," and they just want it to stop.
NATO members Estonia and Latvia say Russian drones hit their territory amid one of Moscow's biggest assaults on Ukraine.
D'Artagnan was killed during the siege of Maastricht in 1673. His final resting place has remained a mystery ever since.
The 31-year-old American matched Austrian downhill great Annemarie Moser-Pröll, who won her six titles in the 1970s.
Rocky Carroll, who has played the role of Director Leon Vance on "NCIS" for nearly two decades, joins to discuss the show's 500th episode, which aired Tuesday.
(Alert: Spoilers ahead!) Actor Rocky Carroll, who has played beloved "NCIS" director Leon Vance for 18 season, talks with "CBS Mornings" about a shocking twist in the series in the show's 500th episode and what he would tell his younger self.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
Jury deliberations continue Wednesday in the landmark California social media addiction case. Meanwhile, a jury in New Mexico found Meta violated a consumer protection law by enabling child exploitation. CBS News legal contributor Jessica Levinson has more.
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.
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
Arielle Konig testified that her husband, anesthesiologist Gerhardt Konig, attempted to stab her with a syringe, and when that failed she said he repeatedly bashed her head with a rock during a birthday hike one year ago. Gerhardt Konig has pleaded not guilty to the attempted murder of his wife. Matt Gutman reports.
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
Paul Kovacich's defense team contends that long-suppressed evidence debunks claims that he killed his dog weeks before his wife disappeared.
Arielle Konig took the stand to testify against her husband, anesthesiologist Gerhardt Konig, exactly one year after he allegedly tried to kill her by pushing her off a cliff during a hike in Hawaii.
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
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.
Meta and YouTube were found liable by a jury Wednesday for creating products that led to harmful and addictive behavior by young users. CBS News' Jo Ling Kent and Caroline Polisi break down the case.
A jury on Wednesday found Meta and YouTube liable for creating products that led to harmful and addictive behavior by young users and voted to award $3 million in damages to the lead plaintiff in the case. CBS News' Shanelle Kaul and Jo Ling Kent have more.
A jury has found Meta and YouTube both liable on all charges in a major social media addiction trial. CBS News legal contributor Caroline Polisi has more.
A jury on Wednesday found YouTube and Instagram's parent company, Meta, liable on all charges in a landmark social media addiction trial. CBS News senior business and tech correspondent Jo Ling Kent has more.
The United Arab Emirates announced it intercepted nine Iranian drones on Wednesday. CBS News' Chris Livesay has more.