Hundreds of U.S. cities now have starter homes that cost $1 million
The number of metropolitan areas around the country with basic homes worth at least $1 million has tripled since 2020.
Real Estate
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
This factor may determine whether you get rich. You don't control it.
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.
The 10 most affordable U.S. cities to buy a home
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Home prices are dropping in one-third of U.S. cities. Here's where.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Rival bills want to make homebuying more affordable. Here's how.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
Mortgage rates fall below 6% for the first time since 2022
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
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.
Will banning big home investors lower prices? Experts are skeptical.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Why now is a good time to start house-hunting
Housing affordability is improving as more homeowners list their properties, according to data from Zillow.
What Trump's 50-year mortgage plan could mean for homebuyers
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
Hidden costs of downsizing to a smaller home
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 declares bankruptcy for second time in less than a year
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
Here's where you can buy a mansion for less than $1 million
There are four metro areas across the U.S. where the median cost for a mansion is less than $1 million.
First-time homebuyers face affordability crisis
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.
Inside the housing market slowdown
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
What downturn in housing market means for buyers
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.
Trump floats eliminating federal capital gains tax on home sales
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the housing market.
Investors are purchasing more U.S. homes, as would-be buyers are priced out
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
What's behind the Compass-Zillow dispute?
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.
Compass sues Zillow over its "Zillow ban," alleging antitrust breach
Real estate company Compass claims Zillow is illegally undermining competition by banning property listings if they don't appear on Zillow within 24 hours.
U.S. home sale prices reach record of almost $400,000, report finds
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
These interior paint colors could boost your home's sale price by $2,600, Zillow says
Home sellers take note: The color of your kitchen and bedroom could boost your home's sale price.
Company gives $10 million in holiday bonuses
A Maryland real estate company had an extraordinary surprise for its employees at its holiday party this year. Small envelopes revealed that St. John Properties gave its workers $10 million, divided among them. Everyone got a bonus, from maintenance workers to receptionists to vice presidents. The average award was $50,000, and the highest was $270,000, based on how long they'd all been working there. The bonus was for meeting a massive expansion goal.
The secret of burial plots: "Location! Location! Location!"
Luke Burbank talks with Baron Chu, a broker of burial plots, and visits the Hollywood Forever Cemetery in Hollywood, Calif., where pricey chunks of real estate are sold to starry-eyed customers seeking status and a view, from six feet under. (This story originally aired on April 15, 2018)
U.S. official says talks will resume after Iran threatens to walk away
Iran launched drone and missile attacks targeting Kuwait and Bahrain on Sunday after the U.S. and Iran traded attacks earlier over the weekend.
Videos show U.S. rescue team pull mother, baby from rubble in Venezuela
Hundreds of U.S. search and rescue workers are on the ground in Venezuela after deadly quakes struck the South American nation.
Dangerous heat wave impacting large swathes of the U.S. this week
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
Kaine says guardrails on Pentagon firings could see bipartisan support
Sen. Tim Kaine said guardrails on Pentagon firings could see bipartisan support in Congress, following a string of high-level officers exiting the military during the second Trump administration.
5 nursing students among 11 killed in French skydiving plane crash
Mayor Mathieu Klein said the victims "died in full view of their loved ones, who were preparing to film the tandem skydives."
3 firefighters killed, 2 injured fighting wildfires near Colorado-Utah border
The U.S. Wildland Fire Service said the firefighters had been part of an interagency response to the Knowles and Gore fires near the Colorado-Utah border.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Mass graves of dog remains found at Northern California animal rescue
The Humboldt County Sheriff's Office said they found 600 dog collars in an area where they suspect dozens of dogs were killed.
Alan Jackson gives emotional farewell concert
Five years ago, Alan Jackson shared that he has a degenerative nerve condition that affects his balance called Charcot-Marie-Tooth disease, which he was first diagnosed with a decade prior.
U.S.
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Full transcript of "Face the Nation with Margaret Brennan," June 28, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sens. Bill Cassidy and Tim Kaine join Margaret Brennan.
Dangerous heat wave impacting large swathes of the U.S. this week
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
Alan Jackson gives emotional farewell concert
Five years ago, Alan Jackson shared that he has a degenerative nerve condition that affects his balance called Charcot-Marie-Tooth disease, which he was first diagnosed with a decade prior.
Kaine says guardrails on Pentagon firings could see bipartisan support
Sen. Tim Kaine said guardrails on Pentagon firings could see bipartisan support in Congress, following a string of high-level officers exiting the military during the second Trump administration.
Douglas Brinkley on America at 250: History tells us hoping for unity is not futile
In these fiercely-polarized times, the presidential historian reminds us that Americans' freedom has been tested – and has survived – much worse.
MoneyWatch
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Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Nude portrait by Amedeo Modigliani sets record at auction
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple and Microsoft are raising their prices as chip costs soar
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Politics
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Delaware Sen. Chris Coons injured in Sussex County car crash
Delaware Sen. Chris Coons was injured in a crash that involved several vehicles in Sussex County Sunday afternoon, he announced on social media.
Full transcript of "Face the Nation with Margaret Brennan," June 28, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sens. Bill Cassidy and Tim Kaine join Margaret Brennan.
Kaine says guardrails on Pentagon firings could see bipartisan support
Sen. Tim Kaine said guardrails on Pentagon firings could see bipartisan support in Congress, following a string of high-level officers exiting the military during the second Trump administration.
Transcript: Sen. Tim Kaine on "Face the Nation with Margaret Brennan," June 28, 2026
The following is the transcript of an interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 28, 2026.
Exclusive
Cassidy accuses RFK Jr. of building public health "upon a foundation of lies"
Republican Sen. Bill Cassidy said of HHS Secretary Robert F. Kennedy Jr., "If you build public health upon a foundation of lies, then you're going to have the absence of adequate public health."
HealthWatch
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Mom gets answers after fighting for diagnosis: "Something's wrong"
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
World
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Pakistan says its security forces killed 29 militants along Afghan border
Pakistani security forces Sunday carried out an intelligence-based ground operation along the Pakistan-Afghanistan border, followed by "calibrated strikes."
Transcript: Sen. Tim Kaine on "Face the Nation with Margaret Brennan," June 28, 2026
The following is the transcript of an interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 28, 2026.
5 nurses among 11 killed in French skydiving plane crash
Mayor Mathieu Klein said the victims "died in full view of their loved ones, who were preparing to film the tandem skydives."
Israel moves to formally recognize Armenian WWI deaths as a genocide
The step, which still needs approval in Parliament, reflects deteriorating ties between Israel and Turkey.
Videos show U.S. rescue team pull mother, baby from rubble in Venezuela
Hundreds of U.S. search and rescue workers are on the ground in Venezuela after deadly quakes struck the South American nation.
Entertainment
More Entertainment
Alan Jackson gives emotional farewell concert
Five years ago, Alan Jackson shared that he has a degenerative nerve condition that affects his balance called Charcot-Marie-Tooth disease, which he was first diagnosed with a decade prior.
Songbook: James Taylor sings "Moon River"
Six-time Grammy-winning singer-songwriter James Taylor, whose choices of essential American songs include the 1961 hit "Moon River," performs Henry Mancini's tender song of heartbreak for "Sunday Morning" viewers. Accompanying Taylor are Kevin Hays on keyboards, Jon Suters on bass, and Nick Halley on percussion. [Check out the complete "Sunday Morning" Essential American Songbook at cbsnews.com/songbook.]
Larry David on "Life, Larry, and the Pursuit of Unhappiness"
The comic icon behind "Curb Your Enthusiasm" brings his own perspective to America's storied past in a new HBO sketch comedy series – finally making use of his history major from college.
Extended interview: Larry David
In this web exclusive, Larry David talks with longtime friend and collaborator Susie Essman about his new HBO sketch comedy series, "Life, Larry, and the Pursuit of Unhappiness."
Larry David on "Life, Larry, and the Pursuit of Unhappiness"
Larry David brings his own comic perspective to America's storied history in the new HBO sketch comedy series, "Life, Larry, and the Pursuit of Unhappiness." He talks with Susie Essman about finally making use of his history major from college, and how he took comments from one of the show's producers, former President Barack Obama.
Technology
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Technology
How trains drove American history
The transcontinental railroad changed just about everything in America: transportation, communications, commerce, cities, politics, even our perception of time. Correspondent David Pogue visits Steamtown National Historic Site, in Scranton, Pa., home to Big Boy, the biggest functioning steam train in the world, to learn how trains helped define an expansive America.
California creates AI job trend tracker
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
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.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Apple, Microsoft announce price hikes
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
Science
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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.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
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.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Crime
More Crime
Detective believes 6-year-old's mother was killed in next room while he slept
For most of his life, Reggie Reed has wondered who murdered his mother Selonia Reed decades ago in Hammond, Louisiana. A fresh look at the evidence ultimately implicated the man he called his "rock" — Reginald Reed Sr., the man who lovingly raised him.
Michigan parents charged with murder after boy found to be 250+ pounds
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Billionaire Leon Black testifies on Epstein
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Mistrial ruled in Palisades Fire arson case
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Space
More Space
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.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
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.
6/28/2026: Betting on War; The Looting of Cambodia
First, high win rate of bets on military operations a likely sign of insider trading. Then, a report on Cambodia tracking down looted antiquities.
World Cup knockout round gets underway
Canada beat South Africa 1-0 Sunday as the World Cup's knockout stage kicked off. Shanelle Kaul has more.
McDonald's 35-foot fried apple pie
Noel Brennan takes a look at some of the history of fast food in the United States and visits a 35-foot fried apple pie at a McDonald's on Route 66.
Union Pacific Big Boy tours the U.S.
As part of America's 250th birthday celebration, Union Pacific is sending Big Boy, the largest, heaviest and most powerful steam locomotive in the world, across the country. Ian Lee reports.