Home prices across the U.S. hit an all-time high
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
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Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
Starter homes now cost $1 million in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated. Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts and pricey trips pile up. And Andrew, a new dad, wants to know whether now is the right time to buy term life insurance. Have a money question? Email askjill@jillonmoney.com.
The typical non-homeowner household earns about $7,000 less than what's needed to buy an entry-level home, according to LendingTree.
The number of metropolitan areas around the country with basic homes worth at least $1 million has tripled since 2020.
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Housing affordability is improving as more homeowners list their properties, according to data from Zillow.
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
A New York Times piece published last week takes a look at the hidden costs of downsizing, including higher interest rates and unexpected factors in a changing real estate market. Claire Wolters, the author of the story, joined CBS News to discuss.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
There are four metro areas across the U.S. where the median cost for a mansion is less than $1 million.
A recent Harvard University study found the median home price of nearly $400,000 is almost five times the average income, but three times is considered affordable -- a ratio that has skewed sharply since COVID-19. Kelly O'Grady reports.
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
In May, there were 34% more sellers than buyers nationally, according to the real estate company Redfin. That is the highest rate since Redfin started gathering data in 2013. Kelly O'Grady reports.
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the housing market.
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
Real estate giant Compass is suing the digital home-buyer marketplace Zillow over what it's calling the "Zillow ban." James Rodriguez, a real estate reporter for Business Insider, breaks down the dispute.
Real estate company Compass claims Zillow is illegally undermining competition by banning property listings if they don't appear on Zillow within 24 hours.
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
Congress was granted many powers under Article I of the Constitution. Nonetheless, lawmakers have ceded much of their authority to the president – and Washington has been plagued by gridlock.
In addition to the two U.S. service members killed, a third is missing in action, U.S. Central Command said.
A severe weather threat is in effect from the Ohio Valley through the Mid-Atlantic and Northeast.
One person was killed and 16 others wounded in the overnight Russian attack on Kyiv, local authorities said.
Boston police are investigating the discovery Saturday of a dead body that was found at a property that is owned by the husband of Congresswoman Ayanna Pressley.
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
Influencer brothers Andrew and Tristan Tate have been arrested by federal authorities Saturday in Miami.
U.S. forces launched a new round of airstrikes against Iran Saturday evening at the direction of President Trump following the deaths of two U.S. service members.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
At 79, Ronald Gould, a federal judge on the Ninth Circuit Court of Appeals in Seattle, shoulders a full caseload despite living with progressive multiple sclerosis – a condition he faces with grit and a healthy dose of humor.
FIFA rules state that World Cup matches must be played on natural grass. For this year's tournament, scientifically-engineered sod (that can withstand playing conditions and differing climates) was deployed in stadiums with artificial turf.
Forty-eight nations competed in the largest FIFA World Cup in history and two are left standing, with Spain in search of its second World Cup title and Argentina shooting for back-to-back championships.
Spain will face Argentina in the 2026 FIFA Men's World Cup final match on July 19. Here's how and when to watch the soccer game.
When Spain and Argentina face off Sunday in the World Cup final, it will mark just the second meeting between the two sides in the tournament's history, and their first in 60 years.
Target said it received 23 reports of the sandal's pearls falling off the shoe.
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
Congress was granted many powers under Article I of the Constitution. Nonetheless, lawmakers have ceded much of their authority to the president – and Washington has been plagued by gridlock.
Boston police are investigating the discovery Saturday of a dead body that was found at a property that is owned by the husband of Congresswoman Ayanna Pressley.
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
Homeland Security Secretary Markwayne Mullin sent letters to four states alleging that a combined 250,000 noncitizens were registered to vote. Elections experts caution that could be a significant overcount.
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.
Studies show that having a positive outlook about aging, and having good social networks, can have positive health benefits, from preventing memory loss to a longer life expectancy. Actor Ted Danson presents "Sunday Morning" viewers with advice on how to embrace aging.
One New York couple depleted their retirement and savings accounts, paying out-of-pocket for healthcare, before they were able to access Medicaid funds.
One New York couple depleted their retirement and savings accounts, paying out of pocket for healthcare before they were able to access Medicaid funds. They are among many Americans facing the same challenges. Jericka Duncan has the story.
A cyclospora outbreak, which has sickened thousands of people nationwide, is believed to have been traced to contaminated lettuce from Mexico supplied by produce giant Taylor Farms. Ian Lee has the latest.
One person was killed and 16 others wounded in the overnight Russian attack on Kyiv, local authorities said.
As the 2026 World Cup draws to an end, take a look back at the memorable 2022 final match between Argentina and France.
Forty-eight nations competed in the largest FIFA World Cup in history and two are left standing, with Spain in search of its second World Cup title and Argentina shooting for back-to-back championships.
Spain will face Argentina in the 2026 FIFA Men's World Cup final match on July 19. Here's how and when to watch the soccer game.
When Spain and Argentina face off Sunday in the World Cup final, it will mark just the second meeting between the two sides in the tournament's history, and their first in 60 years.
In this web exclusive, singer-songwriter Shania Twain, then performing at Wembley Stadium in London, talked with correspondent Seth Doane about the cathartic experience of creating her autobiographical new album, "Little Miss Twain."
Shania Twain grew up dirt poor in rural Ontario, and as a child sang country songs in bars. Throughout family hardships, divorce, and losing her voice to Lyme disease, and despite not signing a record contract until her late 20s, Twain became the top-selling female country artist of all time. She talks with correspondent Seth Doane about her biographical new album, "Little Miss Twain," in which she reflects on her life with a smile.
"Sunday Morning" remembers some of the notable figures who left us this week, including Oscar-winning actress Brenda Fricker ("My Left Foot"), and Sam Neill, star of the blockbuster "Jurassic Park."
Carol Bove's bent and warped steel sculptures tower above visitors to the artist's retrospective at New York's Guggenheim Museum. Correspondent Faith Salie talks with Bove about how her artwork invites museum-goers into an environment of curiosity and playfulness.
For the first time in what seems like forever, there has been a rush to see a new blockbuster on a really big screen, as Christopher Nolan's epic "The Odyssey" arrived in theaters this weekend. Noel Brennan has more.
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
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.
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
A young mother disappears. Investigators say her husband contacted spellcasters to put a hex on his wife so she wouldn't leave him. "48 Hours" contributor Jonathan Vigliotti reports.
A California mother disappears without a trace – did her husband try to have a hex put on her so she wouldn't leave him?
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
The ICE officer who shot and killed a Maine man has a history of violent behavior, the Associated Press reports, citing interviews with family and court records. CBS News' Camilo Montoya-Galvez has the latest.
Ronald L. Fischer, who was featured on "America's Most Wanted," fled Rhode Island during his criminal trial for first-degree sexual assault in 2005.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
In this web exclusive, singer-songwriter Shania Twain, then performing at Wembley Stadium in London, talked with correspondent Seth Doane about the cathartic experience of creating her autobiographical new album, "Little Miss Twain."
Shania Twain grew up dirt poor in rural Ontario, and as a child sang country songs in bars. Throughout family hardships, divorce, and losing her voice to Lyme disease, and despite not signing a record contract until her late 20s, Twain became the top-selling female country artist of all time. She talks with correspondent Seth Doane about her biographical new album, "Little Miss Twain," in which she reflects on her life with a smile.
In 1965, Marco Houpe was just 15 months old when he was injured in a fire, with third-degree burns over 85% of his body. Wynola Wayne, then a young trainee nurse at her Columbus, Ohio hospital's burn unit, helped save his life. Recently, when Wayne retired after nearly six decades as a nurse, it was no ordinary farewell party, as Houpe made plain. Steve Hartman reports.
"Sunday Morning" remembers some of the notable figures who left us this week, including Oscar-winning actress Brenda Fricker ("My Left Foot"), and Sam Neill, star of the blockbuster "Jurassic Park."
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.