Here's how much home prices have jumped from last year
Some U.S. cities are seeing even steeper increases, although economists expect prices to level off later this year.
Real Estate
Zillow Gone Wild, bringing unreal real estate to your screen
The social media site is helping make the most outlandish properties on the popular online real estate marketplace – from towering castles to underground bunkers – go viral.
Mortgage rates top 5% — and loan applications are taking a hit
The average 30-year home loan rate hasn't topped 5% in more than a decade, according to Freddie Mac data.
Federal Reserve warns of "brewing U.S. housing bubble"
Economists say the pandemic housing boom is showing "signs of exuberance" akin to the boom of the early 2000s.
Surging mortgage rates are pricing people out of buying a home
Rate on a 30-year mortgage has jumped to 4.4%, quashing dreams of homeownership for many Americans.
How the pandemic rewrote rules of commercial real estate
"It is absolutely what we would call a tenant's market in most markets around the U.S.," one expert said.
Buyers return to ARMs as mortgage rates jump above 4%
With rates at their highest point since 2019, some buyers are turning to adjustable-rate mortgages for affordability.
Pandemic impact on commercial real estate
A shift to remote work during the COVID-19 pandemic emptied out offices across the U.S., but companies are now bringing their workers back. However, the real estate market for offices is in a whole different place than it was before the pandemic. Crain's New York Business editor-in-chief Cory Schouten joins CBS News to discuss how small businesses and tenants have the upper hand.
The best places to live in the U.S. in 2022
Did your city make the cut?
New U.K. law puts oligarchs under pressure
Russian oligarchs in the U.K. are coming under increasing pressure from both international sanctions and a new British law that aims to increase transparency in real estate purchases. CBS News foreign correspondent Imtiaz Tyab reports on some of the U.K.'s notorious oligarchs and their stately homes.
A record number of homes are now worth $1 million or more
Real estate prices surged during the pandemic, with 1 in 12 homes now worth at least $1 million, a new analysis finds.
Asking price for typical U.S. home nears $400,000, a record high
First-time buyers face "challenging conditions" and affordability concerns, a real estate economist said.
For most Americans, owning a home is now a distant dream
As housing prices soar, owning a home in the U.S. "is a signifier of the upper class now," one real estate economist says.
A lost check and a found purpose
Many homeless people are haunted by drug addiction, mental illness or a criminal past. Elmer Alvarez knows those demons all too well. But when he found a check for $10,000, he knew he had to track down the woman it belonged to. Now, they’re teaming up to help others. Steve Hartman has their story "On The Road."
Preserving the Thain Family Forest
A small, old-growth forest found inside the New York Botanical Garden is one of the last remnants of what New York was like before New York City existed. It's survived everything from war to farming to real estate development. Now, it now faces a new threat. Michael George has more.
Zillow projects increase in home prices next year
On the heels of a hot housing market in 2021, Zillow says it expects home prices to increase 11% in 2022. Kunal Lunawat, managing partner and co-founder of real estate technology-focused fund Agya Ventures, joins CBSN's Elise Preston to discuss.
Climate change impacts Great Lakes coastline
It's not just the U.S. coasts experiencing climate change. Communities along the shores of the Great Lakes are seeing it too. Ben Tracy has more for CBS News' series Eye on America.
The 10 top housing markets of 2022: Think Boise, not Big Apple
The hottest real-estate markets next year are likely to be smaller cities with greater affordability, Realtor.com says.
U.S. in need of 2.2 million construction workers
The nationwide shortage of homes for sale is being driven, in part, by a severe shortage of builders. The construction industry says more than 2 million new workers will be needed over the next three years to meet demand. Mark Strassmann takes a look.
The full episode of the CBS Evening News from December 26, 2013
The first indication of how much Americans spent on holiday shopping shows lower-than-expected figures. According to MasterCard SpendingPulse, retail shopping was up 2.3 percent, less than the 3.9 percent the National Retail Federation projected; and, Chicken farmer and romance novelist Catherine Elliott's latest works are aimed at a new audience: chickens.
Zillow to cut 25% of staff as it closes house-flipping service
CEO concedes that forecasting housing prices is much harder than the real estate firm expected.
How coronavirus affects the housing market
The housing market has taken a hit since the start of the coronavirus pandemic, but there is hope now that some states are reopening. Jonathan Vigliotti takes a look.
Infrastructure risk: Floods could wipe out 25% of U.S. roads
Roads, hospitals, water treatment plants also in danger of becoming inoperable. "It's just bonkers," one researcher said.
Mortgage payments are increasingly unaffordable for homebuyers
The typical homebuyer must now spend almost a third of income toward their housing costs, the highest since 2008.
How past housing discrimination is still affecting families today
The typical Black family has only a fraction of the wealth of the average White family, and many experts say real estate is the root of the problem.
Live
July 4th celebrations mark America's 250th birthday. Follow live updates.
Americans are celebrating 250 years of independence this Fourth of July with events including the largest fireworks display in history.
Taylor Swift and Travis Kelce married in ceremony officiated by Adam Sandler
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Trump warns of "communist menace" in speech at Mount Rushmore
The president kicked off the 250th anniversary of July 4th with a patriotic speech at Mount Rushmore where he warned of a resurgence in communism.
Live
Mourners chant for revenge as dayslong funeral of Iran's slain leader begins
The flag-draped casket of Ayatollah Ali Khamenei was put on display in Tehran with millions expected to attend his dayslong funeral.
Trump pardons pollution violators prosecuted for "fixing their car"
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
250 essential American songs to mark nation's birthday
What are the essential American songs? To mark the nation's 250th birthday, we asked that question to Sunday Morning's familiar faces, from performers to artists and writers to community leaders.
CBS to host "The Great American Block Party 250" special on July 4
CBS will host a primetime special celebrating America's 250th birthday on Saturday, July 4, with exclusive performances and the largest fireworks show in history.
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.
3 children dead after boat capsizes on Wisconsin lake during severe storm
Three children died on Geneva Lake in Wisconsin after a boat capsized during a severe storm Friday, Lake Geneva police said.
U.S.
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Live
July 4th celebrations mark America's 250th birthday. Follow live updates.
Americans are celebrating 250 years of independence this Fourth of July with events including the largest fireworks display in history.
6 presidential speeches that shaped American history
These six presidential speeches are some that have most reverberated through the ages, and whose impacts are still felt today.
Trump warns of "communist menace" in speech at Mount Rushmore
The president kicked off America's 250th anniversary celebrations with a speech at Mount Rushmore where he warned of a resurgence in communism.
Family-owned company prepares to put on the largest fireworks display in history
When the sun goes down on Independence Day, the skies of Washington, D.C., are expected to fill with a record-setting 850,000 individual fireworks for a 40-minute spectacle like no one has seen before.
After 10 years, one man's mission to preserve WWII veterans' legacy continues
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
MoneyWatch
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More than 100,000 fireworks recalled ahead of July 4
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
How to save money on air conditioning as electric bills climb
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
Here's who won — and lost — under Trump's "big, beautiful bill"
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
What's open and closed on July 3 and July 4? See which stores are operating.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
Politics
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6 presidential speeches that shaped American history
These six presidential speeches are some that have most reverberated through the ages, and whose impacts are still felt today.
Trump warns of "communist menace" in speech at Mount Rushmore
The president kicked off America's 250th anniversary celebrations with a speech at Mount Rushmore where he warned of a resurgence in communism.
Trump announces pardons for pollution violators prosecuted for "fixing their car"
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Trump gifted lavish ring from Belgian diamond group that won tariff relief
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Inside the security operations for July Fourth celebrations in D.C.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
HealthWatch
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1 symptom leads to dad's cancer diagnosis: "I was like, 'Wait, what?'"
Eric Dillon thought the pain in his shoulder was a minor injury. It took two years to get the real answer.
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.
World
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Trump gifted lavish ring from Belgian diamond group that won tariff relief
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Prince William appears on "New Heights" podcast ahead of Swift-Kelce wedding
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
Venice mayor proposes new dynamic pricing tourist fee
The mayor of Venice says the city is seeking government approval to introduce a form of dynamic pricing to deal with tourism costs.
Ukrainian woman named suspect in Monaco bombing
The suspect was initially identified as a heavily built person appearing to be male, but Interpol now says it is looking for a 39-year-old Ukrainian woman.
40 killed when speeding, overcrowded bus tumbles into Pakistan ravine, officials say
A speeding bus plunged from a highway into a rocky ravine in Pakistan, killing 40 people and injuring eight others in one of the deadliest road accidents in recent years, officials said.
Entertainment
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Empire State Building lights up for Taylor Swift and Travis Kelce's wedding
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce married
Taylor Swift and Travis Kelce are officially married, according to Swift's publicist. Jo Ling Kent reports.
Fans gather in NYC for Taylor Swift's wedding
New York has been waiting for Taylor Swift, as the pop icon may be preparing to marry NFL star Travis Kelce at Madison Square Garden on Friday night. Carlos Greer, a senior reporter at Page Six, joins CBS News to discuss.
World awaits news on Taylor Swift's wedding
Taylor Swift fans are awaiting news on her highly anticipated wedding to football player Travis Kelce. CBS News' Jo Ling Kent reports from New York City.
Prince William appears on "New Heights" podcast ahead of Swift-Kelce wedding
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
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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The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
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.
3 futurists predict what America will be like in the centuries ahead
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
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.
Crime
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Crime
Trump announces 6 new pardons
The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.
Trump considering pardons and clemency
President Trump is considering pardons for a group of people convicted of emissions and clean-air-related violations and has discussed potential clemency for Sean "Diddy" Combs, according to sources familiar with his plans. CBS News' Nikole Killion reports.
Trump weighing Diddy clemency, sources say
President Trump is considering pardons for a slew of individuals, including potential clemency for disgraced music mogul Sean "Diddy" Combs and some offenders with pollution-related convictions, sources say. CBS News' Olivia Rinaldi reports.
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.
Space
More Space
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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.
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
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.
Influential presidential speeches
These excerpts capture some of the most impactful speeches by U.S. presidents from the 20th and 21st centuries.
A look at America 250 security efforts
Saturday's Fourth of July celebration on the National Mall is the first tagged as a "national special security event," meaning a law enforcement presence akin to a Super Bowl or an inauguration. Nicole Sganga has more.
Young man aims to preserve WWII stories
Every Fourth of July marks the loss of more veterans of World War II. Steve Hartman met a young man who is racing against time to preserve their stories.
Attempting the largest fireworks display ever
A company called Pyrotecnico will attempt the biggest fireworks show in history in Washington, D.C., on the Fourth of July. Tony Dokoupil gets the exclusive on how.