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.
Real Estate
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)
The Vessel: Thomas Heatherwick's oversized public art structure
It's the centerpiece of the largest and most expensive private real estate development in American history: "Vessel," a 150-foot-tall sculpture in the middle of Hudson Yards, a new 16-building complex on the West Side of Manhattan. The honeycombed flight of fancy, made of 154 flights of stairs, was conceived by 49- year-old British designer Thomas Heatherwick, who has put his stamp on some of the most provocative buildings and public projects around the world. Anthony Mason reports.
Venice
In 1980, the sights and sounds in Venice Beach, California, were a celebration of sex, exhibitionism, and self-promotion. Morley Safer walked the boardwalk and found a metaphor for America in the parade of short shorts and roller skates.
Starchitect
Bjarke Ingels is young, Danish and the current star of the world's architectural scene, handling over 60 major projects including the Googleplex and Two World Trade Center. Morley Safer reports.
LA still recovering from January wildfires
California is still rebuilding after January's deadly wildfires as officials paint a grim picture of the upcoming fire season. Rick Caruso, real estate developer and former Los Angeles mayoral candidate, joins "America Decides" with an update on where recovery efforts stand.
Exclusive
Trump pardon recipients face congressional probe over "pay-to-play" questions
Democrats are investigating clemency recipients who may have obtained favorable treatment from Trump or his advisers.
Live
Trump threatens Iran strikes, says it's too soon for new direct talks
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Jeffrey Epstein's possible suicide note released by judge
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Trump promised cheaper drugs. Some prices dropped. Many others shot up.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Blanche: Obama's concerns about DOJ targeting Trump critics are "extraordinarily rich"
Acting Attorney General Todd Blanche denied to CBS News that the Justice Department is engaging in a retribution campaign against President Trump's critics, pushing back on criticism from Barack Obama.
Judge denies Fulton County's request to return 2020 ballots seized by FBI
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
Rudy Giuliani out of ICU after hospitalization for pneumonia
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
3 evacuated from hantavirus cruise as Spain says it will dock in Tenerife
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Suspect arrested in Oklahoma party shooting that killed 1, injured 22
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people wounded.
U.S.
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Hottest U.S. gas prices in years leave drivers feeling burned
Americans on tight budgets are getting hit especially hard by surging fuel costs. forcing some to make hard choices.
Exclusive
Trump pardon recipients face congressional probe over "pay-to-play" questions
Congressional Democrats are investigating clemency recipients who may have obtained favorable treatment from Trump or his advisers "through intermediaries, financial contributions, or other forms of influence."
Jeffrey Epstein's possible suicide note released by judge
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Judge denies Fulton County's request to return 2020 ballots seized by FBI
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
Suspect arrested in Oklahoma party shooting that killed 1, injured 22
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people injured.
MoneyWatch
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That discount at the pharmacy counter may pack hidden costs
The new TrumpRx program relies partly on connecting consumers with discount coupons offered by drugmakers. For insured patients, though, using a coupon can prove dicey.
Hottest U.S. gas prices in years leave drivers feeling burned
Americans on tight budgets are getting hit especially hard by surging fuel costs. forcing some to make hard choices.
Trump promised cheaper drugs. Some prices dropped. Many others shot up.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
iPhone owners could get up to $95 from a new Apple settlement
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
Food manufacturer Cento is committing "tomato fraud," lawsuit alleges
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Politics
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Blanche says immigrants who committed fraud to become U.S. citizens should worry
The acting attorney general is touting the administration's stepped-up denaturalization efforts.
Trump promised cheaper drugs. Some prices dropped. Many others shot up.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Exclusive
Trump pardon recipients face congressional probe over "pay-to-play" questions
Congressional Democrats are investigating clemency recipients who may have obtained favorable treatment from Trump or his advisers "through intermediaries, financial contributions, or other forms of influence."
Rudy Giuliani out of ICU after hospitalization for pneumonia
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
Jeffrey Epstein's possible suicide note released by judge
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
HealthWatch
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That discount at the pharmacy counter may pack hidden costs
The new TrumpRx program relies partly on connecting consumers with discount coupons offered by drugmakers. For insured patients, though, using a coupon can prove dicey.
Trump promised cheaper drugs. Some prices dropped. Many others shot up.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
What's the hantavirus risk to the public?
A deadly strain of hantavirus broke out aboard a cruise ship for the first time, with more than 150 people on board. With three deaths among eight confirmed cases so far, Dr. Céline Gounder discusses the wider risks.
What's next for those aboard cruise ship?
Investigators are racing to control a deadly outbreak of hantavirus, the first ever recorded on a cruise ship. More than 140 people are still on board, including 17 Americans. Tom Hanson reports.
3 evacuated from hantavirus cruise as Spain says it will dock in Tenerife
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
World
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3 evacuated from hantavirus cruise as Spain says it will dock in Tenerife
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
13-year-old student kills 2 women at school in Brazil
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Live
Trump threatens Iran strikes, says it's too soon for new direct talks
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
3 killed in U.S. strike on suspected drug boat in eastern Pacific, Pentagon says
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
Trump pauses Project Freedom in Strait of Hormuz to see if Iran deal can be struck
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
Entertainment
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Entertainment
How Ted Turner transformed media
Ted Turner, who died on Wednesday at age 87, was a global media titan. Amol Sharma, a financial editor for The Wall Street Journal, joins CBS News with more insight.
How Ted Turner changed TV
Media mogul and CNN founder Ted Turner has died at 87, according to a statement from Turner Enterprises. Michael Schneider, Variety's executive editor of TV, joins with more.
Anthony Mason launches YouTube show
CBS News' Anthony Mason is launching a new YouTube show called "Alchemy with Anthony Mason." It's a long-form interview program celebrating artists and the creative process.
Obama tells Colbert what he worries about in today's politics
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Nathan Lane on fulfilling lifelong dream
Actor Nathan Lane, who stars in the play "Death of a Salesman," was nominated for his seventh Tony Award. He spoke to "CBS Mornings" about why it was a lifelong dream for him to star in the play and his personal connection to his character.
Technology
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Technology
Autonomous cars to be ticketed in California
Autonomous cars in California will no longer be immune to traffic tickets once a new law takes effect in July. CNET editor-at-large Scott Stein joins CBS News to discuss this and other top technology stories of the day.
iPhone owners could get up to $95 from a new Apple settlement
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
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.
Employers are demanding AI skills. What's the best way to learn them?
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
OpenAI co-founder's diary surfaces in Musk trial
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
Science
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Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Crime
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Crime
Possible Epstein suicide note released
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.
Retired special forces soldier accused of shooting wife in Tennessee found dead
Craig Berry, 53, was found dead on Wednesday of an apparent gunshot wound, the Stewart County Sheriff's Office said.
Driver accused of chasing child on sidewalk
A woman in Washington state is accused of trying to run over a child on an e-bike. Police say she later attempted to break into a home. The child was not harmed in the incident and the woman is now facing felony charges.
New development in Lynette Hooker case
Authorities are looking for the owners of a sailboat as they continue to investigate the disappearance of Lynette Hooker, the American who went missing in the Bahamas while sailing last month. Cristian Benavides reports.
13-year-old student kills 2 women at school in Brazil
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
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.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
Latest Galleries
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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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
5/6: CBS Evening News
Health officials work to contain deadly hantavirus outbreak on cruise; President Trump threatens Iran with more attacks if it doesn't agree to a deal.
Former CNN president on Ted Turner's life
Ted Turner, a businessman and philanthropist who launched CNN, died on Wednesday at 87. Jonathan Klein, the president of CNN from 2004 to 2010, joins "The Daily Report" to remember Turner's life.
Trump calls Iran conflict a "skirmish"
President Trump touted U.S. actions against Iran on Wednesday. The comments came one day after he paused the Project Freedom initiative to guide ships through the Strait of Hormuz to allow peace negotiations to move forward. CBS News' Holly Williams reports, and Samuel Helfont, an associate professor of strategy and policy at the Naval War College, has more.
Breaking down Spirit's liquidation process
A lawyer for bankrupt Spirit Airlines said the rising cost of fuel "engulfed" the airline, drained its liquidity, and derailed its restructuring efforts. There's a sense of urgency to expedite the liquidation process because lawyers say it would benefit creditors and customers. Bob Allen, managing editor of Nomadic Aviation Group, which handles private flight operations for the aircraft leasing industry, joins "The Daily Report" to discuss.
Possible Epstein suicide note released
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.