Homes are unaffordable in 4 out of 10 U.S. counties
Across the U.S., homes are "getting closer to becoming unaffordable in most counties," one real estate expert said.
Real Estate
Home prices surge to record highs
U.S. home prices were up by nearly 24% in May compared to last year, the highest surge in more than two decades. Erin Sykes, the chief economist for Nest Seekers International, joins CBSN's Lana Zak to discuss.
Existing home prices hit record high in May
The National Association of Realtors says existing home prices hit a record high in May, with the median price topping $350,000 for the first time. It was also the biggest one-year jump in more than 20 years. Meg Oliver has the details.
Home prices skyrocket during pandemic
Desperate buyers, record-low interest rates, low inventory and cash-rich investors are driving real estate prices up across the country. Carter Evans has the story.
Real estate prices shattering records across U.S.
Desperate buyers, record-low interest rates and more are driving prices up — nationally, 19% higher.
The Great Reshuffling: How the real estate market exploded
As the pandemic shifted our work lives into working-from-home lives, a migration away from expensive metropolitan areas has stoked competition for houses in smaller cities, like Boise, Idaho – a trend, experts say, we'll be living with for some time.
What first-time homebuyers need to know
Preparation is key with heightened competition and pandemic-fueled market factors.
Navigating pandemic-era real estate market
Buying a home for the first time can be complicated, and adding in current pandemic-era market factors like low inventory, low mortgage rates and increasing demand could lead to even more headaches. Daryl Fairweather, a chief economist at the real estate brokerage Redfin, joined "CBSN AM" with tips on how to navigate the competitive market.
Homebuyers facing challenges in hot market
A shortage of homes for sale continues to boost prices by double digits across the country. Those looking to buy are being pushed to extremes to win bids. CBS MoneyWatch reporter Aimee Picchi joins CBSN AM to discuss.
Climate gentrification
Harvard professor Jesse Keenan joins CBSN to discuss his study on what he calls climate gentrification: homes in low-risk areas are rapidly gaining more value than properties in high-risk areas that are considered prime real estate.
Hackers steal down payments
Hackers are posing as realtors and stealing down payments by accessing email accounts. Julie Watts reports on home buyers who have lost thousands of dollars from such scams.
Why May is a great time to sell your home
Home prices are jumping, with prices up more than 12% compared with a year ago — here's the best time to sell.
Sneak peek: Serial Confessions
The shocking confessions of Todd Kohlhepp -- a real estate agent-turned-serial killer and the stunning rescue video of a woman he held hostage in a shipping container. David Begnaud and Peter Van Sant report Saturday, June 23 at 9 p.m. ET/PT on CBS.
The 10 hottest U.S. real estate markets in 2017
The cities forecast to have the fastest home price appreciation may surprise you, as some major U.S. areas lag
Trump's conflicts of interest
Donald Trump's campaign says figuring out how to transfer the family real estate business to his children is a top priority. The Trump Organization is a privately-held company that has always answered to him and not shareholders. But with his shareholders now the American people, Trump's massive portfolio presents unprecedented conflicts of interest. Julianna Goldman reports.
Mini White House for auction
You might be able to live in the "White House" without even being elected president. A 13,000 square-foot home built to look just like the Executive Mansion goes off for auction on Oct. 6. Vinita Nair reports.
Property is a pandemic obsession — especially in smaller cities
Americans are buying homes in cities like Austin, Texas and Boise, Idaho as they seek more space amid still-low interest rates.
Housing Market Fears
CBS News' Jill Schlesinger explains new concerns over how private equity firms are handling mortgages.
Fiat Chrysler is expediting a recall for vehicles with confusing gear shifts following the death of actor Anton Yelchin
Fiat Chrysler is expediting a recall for vehicles with confusing gear shifts following the death of actor Anton Yelchin. CBS MoneyWatch's Jill Wagner has that story and more.
As the jobs market continues to recover and Americans are rebuilding their nest eggs
As the jobs market continues to recover and Americans are rebuilding their nest eggs, more people are in a position to buy a home. Jill Schlesinger reports when you should bite the bullet.
Real estate heir Robert Durst is going to serve 7 years in prison for a weapon charge in Louisiana
Real estate heir Robert Durst is going to serve 7 years in prison for a weapon charge in Louisiana. However Durst still faces a murder charge in California. Erin Moriarty joins CBSN's Josh Elliott with the latest.
Hundreds of years after an Italian bumped into America, Americans are now traveling to the tiny Italian village of Guardia Sanframondi
Hundreds of years after an Italian bumped into America, Americans are now traveling to the tiny Italian village of Guardia Sanframondi, where they are snatching up houses for as little as $15,000 - and the locals are rolling out the welcome mat. Allen Pizzey reports.
In January, about a third of the homes on the market sold in less than a month
In January, about a third of the homes on the market sold in less than a month. The median price rose more than eight percent, year over year, because of low inventory and high demand. But that doesn't mean you can relax if you're looking to sell. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss real estate strategy.
Two San Francisco nuns are hoping for a financial miracle
Two San Francisco nuns are hoping for a financial miracle. Due to rent hikes and the city's gentrification, they could be forced to close the soup kitchen they’ve run for almost a decade. Mireya Villarreal reports.
How to navigate a competitive housing market
Competition in the U.S. housing market is fierce this spring, with surging demand and record-low inventory. CBS News business analyst Jill Schlesinger joins CBSN to discuss how sellers and buyers can be prepared.
Live
Iran war's "core strategic objectives are nearing completion," Trump says
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Trump says Iran war will wrap up "very shortly," but warns of more strikes in coming weeks
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
Supreme Court casts doubt on Trump's order to end birthright citizenship
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
Trump, GOP leaders unveil plan to end DHS shutdown
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
Federal government appealing order releasing 5-year-old from immigration custody
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
A COVID variant called "Cicada" is spreading. Here's what to know.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
DNC and top Democratic leaders sue Trump over mail-in voting executive order
A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting — including by creating lists of citizens who are eligible to vote.
Exclusive
DHS scraps Noem policy requiring secretary's review of all contracts above $100K
The Noem policy meant the secretary was required to personally sign off on thousands of DHS contracts.
U.S.
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Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Americans say this is their "magic number" to retire comfortably
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
Ted Bundy's DNA linked to death of Utah teen in 1974, sheriff's office says
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
How high could oil and gas prices go if the Strait of Hormuz remains closed?
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
Trump says Iran war will wrap up "very shortly," but warns of more strikes in coming weeks
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
MoneyWatch
More MoneyWatch
Americans say this is their "magic number" to retire comfortably
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
How high could oil and gas prices go if the Strait of Hormuz remains closed?
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
Elon Musk's SpaceX files confidential initial public offering
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
Will the Iran war slow U.S. hiring? Economists say risks are rising.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey says it will shift back to classic Reese's recipe after backlash
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
Politics
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DNC and top Democratic leaders sue Trump over mail-in voting executive order
A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting — including by creating lists of citizens who are eligible to vote.
Trump admin. lifts sanctions on Delcy Rodriguez, Venezuela's acting president
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
Federal government appealing order releasing 5-year-old from immigration custody
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
State Department overhauls Foreign Service Officer Test
The State Department announced Wednesday that it is modifying the Foreign Service Officer Test to reflect the foreign policy goals of the Trump administration.
Trump says Iran war will wrap up "very shortly," but warns of more strikes in coming weeks
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
HealthWatch
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HealthWatch
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
A COVID variant called "Cicada" is spreading. Here's what to know.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
State health plan for foster kids threatened 8-year-old's cancer care
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Hockey player diagnosed with Stage IV cancer at 26: "It was surreal"
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
World
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Magnitude 7.4 earthquake in Indonesia's Molucca Sea sets off small tsunami
Indonesia, a vast archipelago of more than 280 million people, sits on major seismic faults and is frequently hit by earthquakes.
Trump admin. lifts sanctions on Delcy Rodriguez, Venezuela's acting president
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
Trump says Iran war will wrap up "very shortly," but warns of more strikes in coming weeks
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
Activist ship's collision with krill trawler called "deliberate attack"
A video shows the moment when the M/V Bandero, operated by the Captain Paul Watson Foundation, steams toward the stern of the fishing vessel.
Exclusive
U.S. commandos in Ecuador for mission targeting alleged narco-terrorists
American commandos joined Ecuadorian troops in a joint mission aimed at dismantling a suspected criminal hub along the country's coast.
Entertainment
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Entertainment
Kenan Thompson on new children's book
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Crew that flew Apache helicopters near Kid Rock's house suspended
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift sued for trademark infringement
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone talks new season of "Euphoria"
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
Taylor Swift sued for trademark infringement over "The Life of a Showgirl"
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
Technology
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Technology
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
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.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Company tries to make flying car of the future
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
Science
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Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Artemis II launches into orbit as NASA begins historic moon mission
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
Snowy owl, cheetah among 40 species granted international protection
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
Everything to know about NASA's Artemis II moon mission
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice hits lowest winter level as heat records are shattered worldwide
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Crime
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Ted Bundy's DNA linked to death of Utah teen in 1974, sheriff's office says
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
Baby in stroller killed in apparent stray-bullet shooting in Brooklyn
A child was being pushed in a stroller at Moore and Humboldt streets in East Williamsburg on Wednesday when she suffered a gunshot wound to the head, police said.
Kentucky Powerball winner arrested again
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.
Son of Hawaii doctor testifies at trial
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Luigi Mangione lawyers seek to postpone trial
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
Space
More Space
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Artemis II launches into orbit as NASA begins historic moon mission
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
How to watch the Artemis II launch
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Smooth countdown continues for Artemis II moon mission
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown begins for long-awaited Artemis II moon mission
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
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
More Latest CBS News Videos
Latest CBS News Videos
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
Takeaways from Trump's Iran war address
President Trump addressed the nation about the Iran war Wednesday night, saying that the U.S. would complete its mission there "very shortly." CBS News' Ed O'Keefe remarks on the president's remarks and J.D. Simkins, editor-in-chief of the Military Times and Defense News, joins with analysis.
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
Trump addresses nation on Iran
President Trump addressed the nation Wednesday night about the Iran war. Tony Dokoupil anchored CBS News' special report.
Trump addresses U.S. on Iran war
President Trump sought to assure Americans that the conflict with Iran would be brief compared to other wars in U.S. history and insisted that gas prices would go down quickly. Nancy Cordes reports.