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.
National Association of Realtors
U.S. home prices are dropping the most in these regions
U.S. home prices are dropping the most in the South and West, according to a new report from Realtor.com.
U.S. existing home sales rise in February
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.
Here are the top zip codes for home sales, according to Realtor.com
Metros in the Midwest and Northeast stole the top slots on this year's list.
Realtors react to new commission rules
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.
Realtor group agrees to cut commissions. Here's the financial impact.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
New rules for buying a home
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.
U.S. home prices reach record in June, despite deeper sales slump
Although the market remains tight, a rise in inventory could break up clouds for homebuyers, analysts say.
Pending home sales index slumps in April
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.
Changes to real estate agent commissions
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.
Settlement could change how homes are bought, sold
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.
Why home buying could be cheaper soon
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.
Realtor group agrees to eliminate commission rules
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.
Home sales slowed to a crawl in 2023. Here's why.
The U.S. housing market slumped badly last year amid surging mortgage and a dearth of affordable properties, new data shows.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Homebuying season off to tepid start, with drop in March sales
Annual drop was steepest in Western part of country, where purchases sank more than 30% from a year ago.
Here's what a $100K salary is really worth across the U.S.
In some cities, the milestone income falls way short of a six-figure lifestyle, a SmartAsset analysis shows.
Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
More Americans move to the South
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.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much the president paid in taxes on his crypto windfall.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Olympian David Hearn charged with destruction of property at Reflecting Pool
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
Live
U.S.-Iran talks pause for ayatollah's funeral after claims of progress
Negotiations between Iran and the U.S. will pause for a week for the funeral of Iran's slain supreme leader, but Trump, and mediators, say there's been progress.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
Former CDC official: RFK Jr.'s response to measles "not based on science"
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
Maps show this July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
Celeb planners on how MSG could become Taylor Swift's perfect wedding venue
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
U.S.
More U.S.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
This week on "Sunday Morning" (July 5)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
Kennedy Center selling $25,000 ticket package to watch D.C. July 4th fireworks
The Washington, D.C., fireworks show, which is sponsored by the Trump-backed organization Freedom 250, is not slated to begin until 10:30 p.m. or 11 p.m.
MoneyWatch
More MoneyWatch
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much President Trump paid in taxes on his crypto windfall.
StubHub accused of failing to deliver pricey World Cup tickets
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Employers added 57,000 jobs in June, far below forecasts
June's payroll gains were much lower than the 100,000 new hires that economists had predicted.
Politics
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Former CDC official: RFK Jr.'s response to measles "not based on science"
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
Kennedy Center selling $25,000 ticket package to watch D.C. July 4th fireworks
The Washington, D.C., fireworks show, which is sponsored by the Trump-backed organization Freedom 250, is not slated to begin until 10:30 p.m. or 11 p.m.
Olympian David Hearn charged with destruction of property at Reflecting Pool
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
FBI orders field offices to send analysts to Atlanta for election probe
The FBI is asking for analysts to help evaluate thousands of records for a "priority" investigation ordered by FBI Director Kash Patel.
HealthWatch
More HealthWatch
Why tick season is expected to be worse than normal
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
World
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Man who sold land for Kushner-backed Albania resort facing criminal probe
A man who sold land for a controversial, Jared Kushner-backed luxury development in Albania is suspected of money laundering and drug trafficking.
Security guard rescued from rubble 8 days after Venezuela earthquakes
Hernan Gil was brought out on a stretcher as elated rescuers cheered and hugged each other. He was loaded into a waiting ambulance and driven away.
Catholic Church excommunicates 6 bishops from ultra-conservative society
The Vatican says bishops from the ultra-conservative Catholic SSPX society were automatically excommunicated after ignoring Pope Leo's plea for unity.
"Once-in-a-generation" expedition launched to survey 2 legendary shipwrecks
Researchers will travel to the bottom of the North Atlantic to survey two legendary shipwrecks, once tied to a pair of iconic 19th-century polar explorers.
Live
U.S.-Iran talks pause for ayatollah's funeral after claims of progress
Negotiations between Iran and the U.S. will pause for a week for the funeral of Iran's slain supreme leader, but President Trump, and mediators, say there's been progress.
Entertainment
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Entertainment
Swift-Kelce wedding festivities kick off
Wedding celebrations are getting underway at Madison Square Garden as pop superstar Taylor Swift and Super Bowl champion Travis Kelce prepare to celebrate their wedding. CBS News' Jo Ling Kent has more.
Sources: Swift-Kelce rehearsal dinner underway
Taylor Swift and Travis Kelce's rehearsal dinner is underway at Madison Square Garden, according to two law enforcement officials directly familiar with the security planning. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
Taylor Swift, Travis Kelce announce donations
Taylor Swift and Travis Kelce announced Thursday that they donated $26 million to 20 charities, hours before people began arriving at Madison Square Garden for a 100-person rehearsal dinner. Jo Ling Kent has more.
Taylor Swift and Travis Kelce donate $26 million ahead of wedding
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
StubHub accused of failing to deliver pricey World Cup tickets
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
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Science
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Crime
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Crime
Olympian charged over alleged D.C. vandalism
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Man charged over Reflecting Pool vandalism
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. Nicole Sganga reports.
Daredevil couple facing charges
The two daredevils who climbed the spire of the Empire State Building in New York on Wednesday are facing a litany of criminal charges. According to prosecutors, the man told police he just wanted to "do something special" for his engagement. But now, Angela Nikolau says police have taken her ring as evidence. Tom Hanson reports.
Friend on the Empire State Building climbers
The couple that scaled the Empire State Building made a court appearance on Thursday, facing charges of reckless endangerment, criminal mischief, burglary and base jumping. Anna Martinez, one of their close friends, joins CBS News to discuss.
FBI investigating legitimacy of Nancy Guthrie ransom notes
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Space
More Space
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Latest Galleries
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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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
Exclusive interview: Scott Bessent
Treasury Secretary Scott Bessent speaks with CBS News' Kelly O'Grady about stock donations for Trump accounts, the war in Iran, President Trump's $1.4 billion in crypto earnings and more.
Almost 1 year after Camp Mystic tragedy
Saturday marks one year since the catastrophic flooding that swept through Camp Mystic in Texas. Raging river water flooded the camp for young girls, killing 25 campers, two counselors and the camp's executive director. CBS News' Jason Allen reports.
Legal questions in trans athletes case
This week, the Supreme Court upheld state bans on transgender athletes in girls' and women's sports. CBS News legal contributor Jessica Levinson answers some constitutional questions about the case.
Job growth slowed in June, falling short of expectations
Hiring in the U.S. slowed in June, falling short of expectations, according to the Labor Department. CBS News producer Emily Pandise has more.