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.
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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.
Roads, hospitals, water treatment plants also in danger of becoming inoperable. "It's just bonkers," one researcher said.
The typical homebuyer must now spend almost a third of income toward their housing costs, the highest since 2008.
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.
Wall Street had its worst day since May amid fears that a Chinese real estate company could default, and that the Federal Reserve could begin ending stimulus measures it enacted during the pandemic.
More frequent flooding due to severe weather events has become a major concern in many American cities, but an NPR investigation found that the U.S. Department of Housing and Urban Development has been selling homes in flood zones without fully disclosing the risk to buyers. A spokesperson for the agency told the outlet it requires people who buy these homes to get flood insurance if they want a mortgage backed by the department. Meanwhile, the federal government is spending millions of dollars to move people out of these flood-prone areas. Huo Jingnan, an assistant producer with the NPR investigations team, joins CBSN to discuss.
Millions of renters with little or no credit record have been shut out of the American dream of home ownership. That could soon change.
Millions of people left major cities in 2020 during the pandemic shutdown, but now many are returning. The real estate markets are skyrocketing, with Manhattan real estate brokers reporting the number of sales surging to the highest level in six years. Michael George reports.
U.S. News & World Report's real estate editor Devon Thorsby joins “CBS This Morning” to discuss the top places to live in the U.S. She shares what real estate trends from the pandemic are here to stay.
House-hunters are bidding up prices amid a scarcity of properties, driving up residential real estate costs.
Across the U.S., homes are "getting closer to becoming unaffordable in most counties," one real estate expert said.
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.
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.
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.
Desperate buyers, record-low interest rates and more are driving prices up — nationally, 19% higher.
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.
Preparation is key with heightened competition and pandemic-fueled market factors.
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.
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.
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 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.
Home prices are jumping, with prices up more than 12% compared with a year ago — here's the best time to sell.
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 cities forecast to have the fastest home price appreciation may surprise you, as some major U.S. areas lag
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.
The United Arab Emirates' Abu Dhabi National Oil Company said one of its ships was targeted while transiting the strait on Saturday.
A 29-year-old expectant mother is in hiding, concerned that she will be deported at any moment after the Trump administration ended the Temporary Protected Status program for hundreds of thousands of Haitian migrants.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Since the start of Russia's full-scale invasion of Ukraine, there have been various cases of Ukrainian drones straying into NATO airspace.
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
The total is also the eighth-largest Powerball jackpot in the game's history.
The former San Francisco 49ers star running back spoke in a prerecorded video message while he sat on stage wearing his gold jacket at Tom Benson Stadium on Saturday.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
C.C. Opanowski says it's still difficult to process the fact that a person she once loved was convicted of murder. She hopes that others can learn from her story.
A 29-year-old expectant mother is in hiding, concerned that she will be deported at any moment after the Trump administration ended the Temporary Protected Status program for hundreds of thousands of Haitian migrants.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Companies receiving billions in refunds for U.S. tariffs struck down by the Supreme Court should return money to consumers, Sen. Elizabeth Warren said.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Democratic incumbents in safe districts in New York and Colorado have been ousted so far this year by primary challengers.
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
The measure was approved in a 90 to 6 vote and now goes to the House.
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Some older Americans find themselves at a loss when it comes to managing healthcare expenses after retirement starts. Jill Schlesinger has tips on how to stay healthy after retiring.
One year after a massive stroke nearly incapacitated him, Todd Meiklejohn is opening up about his experience.
Perinatal psychiatrist Dr. Uruj Kamal Haider and Kriti Lodha joined a special edition of "Healthful" to talk more about mental health conditions, including postpartum psychosis.
Since the start of Russia's full-scale invasion of Ukraine, there have been various cases of Ukrainian drones straying into NATO airspace.
Measuring less than 4 centimeters and known as the "spring frog," the dark green-spotted amphibians were observed in San Lorenzo de Tarrazu.
Drone sightings over civilian and cargo airports have been reported more frequently.
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
British Columbia declared a state of emergency Saturday after a fast-moving wildfire destroyed homes and forced more than 20,000 people to flee their communities.
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Never Gonna Die."
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Tiger Blood."
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Heavy Eyes."
Todd Blanche is confirmed as attorney general, fires blaze in Europe and the U.S., plus Houndmouth plays Saturday Sessions.
On this edition of CBS 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.
Meta, the parent company of Facebook, Instagram, WhatsApp and others, must pay nearly $1 billion after a court found the social media giant to have put children and teen users at risk. A New Mexico judge ruled that Meta must pay $567 million into a fund to pay for harm prevention and awareness, in addition to $375 million in civil penalties previously decided by a jury.
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.
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Meta, the tech giant that operates Facebook, Instagram, WhatsApp and other platforms, faces another financial penalty for allegedly failing to keep kids safe. A New Mexico judge has ordered Meta to pay $567 million for its failure to warn the public about the dangers its products pose to children.
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
C.C. Opanowski says it's still difficult to process the fact that a person she once loved was convicted of murder. She hopes that others can learn from her story.
Three people were killed during a shooting that began at an In-N-Out restaurant in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, police said. Investigators have now released security footage as they probe the motive for the shooting.
Driving like a "Grand Theft Auto" player in real life is both illegal and highly dangerous, police warn. Kris Van Cleave went on a ride-along to see what the California Highway Patrol is dealing with.
Police have released surveillance and body camera footage revealing new details about the shooting at an In-N-Out in Twin Falls, Idaho, that killed three people. Carter Evans has more.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
A young woman mourns her uncle's murder … and questions whether the convicted killer was the only one involved. "48 Hours" contributor Nikki Battiste reports.