For Sale: "Gargantuan" NYC mansion, home to Epstein horrors
The asking price for the property on Manhattan's Upper East Side is as massive as the home itself: $88 million.
Real Estate
Pending home sales skyrocket in May
The nation's pending home sales jumped a record 44.3% in May, according to the National Association of Realtors. It's the highest one-month gain in the history of the index, which began in January 2001. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain how the pandemic is impacting the housing market and why home prices remain high despite record low mortgage rates.
Some realtors stop using term "master bedroom"
Other industries are also removing the word "master" from their vocabularies, as it has roots in racism
Redlining and its legacy
Beginning in the 1930s, the practice of "redlining" by banks and real estate agents denied many people of color around the U.S. access to home loans. Federal laws now ban such mortgage discrimination, but some housing advocates say it has taken new forms.
Home buying amid coronavirus restrictions
Although most of the country should be reaching the peak season for purchasing a new home, coronavirus restrictions have dealt a blow to the real estate market and forced realtors to find other ways to show properties to clients. Barry Petersen speaks to a Denver couple who own their own real estate firm about how they are reaching buyers.
Are Airbnb-style rentals making it harder to buy a home?
Lake Placid residents say rise in short-term rentals is taking homes off the market for locals.
California governor orders state to use vacant land for homeless
Gov. Gavin Newsom has also kickstarted a $750 million fund to tackle the state's ever-expanding homelessness crisis.
Average family can't afford to buy a home in 71% of country
Progress seen as mortgage rates fall and some incomes rise, but home prices expected to jump another 2.2% next year.
Company gives employees $10 million bonus: "Totally blown away"
When the employees at St. John Properties attended their annual holiday party none of them could predict what was inside of the red envelope handed out to each person.
The 100 most expensive zip codes in the U.S.
The priciest real estate markets around the country are clustered in 11 states, with one region predominant
The million-dollar home isn't the mansion it used to be
Spending $1 million on a house can get you 5,000 square feet in the South -- or a condo in San Francisco a fifth that size
Taxpayers at risk for U.S. homes threatened by climate change
Big banks are offloading risky mortgages in coastal areas to government-backed Fannie Mae and Freddie Mac
Nearly $1 billion lost to real estate fraud
When Dana Palmieri got an email asking her to wire almost $11,000 for closing costs, she thought it was coming from her lawyer
Why house flipping may be starting to flop
The number of homes being flipped is down — so, too, is the average profit on flipped homes, latest numbers show
668,000 Florida homes at risk from Hurricane Dorian
Property losses could range as high as $150 billion, while most homeowners in storm's path lack flood insurance
Who will get Jeff Epstein's hundreds of millions of dollars?
His death makes it harder for his victims to prove guilt and collect damages through the civil courts alone
Amazon offering up to $5,000 for buying a home
Amazon is expanding into real estate, with the retailer offering customers devices and services when a deal closes
Americans still think they can make money flipping houses
Many people say real estate is a better investment than stocks, bonds or gold—the real numbers show otherwise
Jackie Kennedy Onassis Martha's Vineyard home for sale
Caroline Kennedy has decided to sell the Martha's Vineyard home once owned by her mother, Jacqueline Kennedy Onassis
Climate change could deliver a $4 trillion hit to the financial system
Physical damage would have much broader impacts on finance than many suspect, warns the world's biggest money manager
Average Americans can't afford a home in 70 percent of the country
Depleted home supply, partly thanks to a building slowdown, has put housing out of reach in most of the country
U.N. blasts Blackstone Group for worsening the U.S. housing crisis
The private equity fund and other large investors are accused of turning a human right into a profit machine
Family money now behind 1 in 5 home purchases
If the "Bank of Mom and Dad" were a mortgage lender, it would be the seventh biggest in the country
Rising seas slash homes values by $15.8 billion
Ocean City, New Jersey, lost the most home value among cities in 17 states along the Altantic and Gulf coasts
Getting houses ready for their closeup
Home stylist Meridith Baer has the touch – and a proven track record – for staging homes on the market
Live
Oil prices surge as Trump reportedly mulls pre-midterms strikes on Iran
Isaias becomes first hurricane of 2026 Atlantic season, threatens Gulf Coast
Cornell frat member "didn't do anything ... to be remorseful about," attorney says
Exclusive
Newly obtained footage shows Iran attack on major U.S. post in Kuwait
First on CBS
Trump aide's daughter pictured with pro-Russia politician
Feds investigate if accused Chinese agent had help in the U.S.
Nicolas Maduro, wife face torture charge in new U.S. indictment
FlyDubai co-pilot bashed women in thousands of "manosphere" X posts
First on CBS