Here's where it's toughest for the middle class to find an affordable home
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
Real Estate
1/14/2024: Commercial Real Estate; Master of the Mind
First, how empty offices spell trouble for landlords. And, a look at how a neurosurgeon is targeting Alzheimer's and addiction.
8 U.S. cities where you must earn at least $100,000 to live comfortably
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
Eye on America: Starter home struggles
In Texas, we examine how a shortage of millions of homes for sale is driving up demand and squeezing out families looking to purchase starter homes. And in Massachusetts, we hear from members of the sandwich generation, whose responsibilities taking care of multiple generations of their family have come at a cost to their retirement savings. Watch these stories and more on Eye on America with host Michelle Miller.
Why many potential buyers have been scared away from Florida's condo market
Owners of older South Florida condominiums have seen a surge in special assessment fees for safety upgrades in response to a state law passed following the 2021 Surfside partial building collapse.
Florida condo owners have unsellable homes
After a new state law passed following the Surfside condominium collapse in 2021, some say additional costs are turning away buyers. Skyler Henry reports.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
CEO expects home building prices to rise
With back and forth from the Trump administration on tariff plans, some home builders and buyers are raising concerns about the long-term impact on the housing industry. President and CEO of the National Association of Home Builders Jim Tobin joins "The Daily Report" with his perspective. After that, CBS News journalists ask Americans their top questions about tariffs. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
11/20: CBS News Mornings
Remembering Rosalynn Carter; MoneyWatch reports U.S. real estate commissions among highest in the world.
Why more Americans are leaving the cities
As rising mortgage costs make homeownership in big cities out of reach, Americans are flocking to exurbs—smaller towns on the outskirts of major metropolitan areas. Zillow's chief economist, Skylar Olsen, joins us to discuss the growing trend, with monthly mortgage payments nearly doubling from 2020 to 2024. Many are opting for exurbs, where housing is more affordable, yet still within commuting distance of major cities.
Homelessness jumped to a new record this year as housing costs soared
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
Real estate broker Alexander brothers charged with sex trafficking
Real estate brokers Oren and Tal Alexander and their brother Alon are facing sex trafficking charges in New York.
Wealthy real estate brokers arrested
Real estate brokers Oren and Tal Alexander and their brother, Alon, have been indicted on charges of sex trafficking. CBS News' Shanelle Kaul reports on the federal investigation.
How Trump's economic agenda could affect mortgage rates in 2025
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Has life in the U.S. become too political? You can buy a house in Italy for $1.
A village in Sardinia is trying to entice politics-weary Americans to buy cheap homes in Italy.
TurboTenant Streamlines Real Estate Investing
TurboTenant is the free, all-in-one property management platform that helps real estate investors make their rental business more successful. Place properties on top listing websites, screen tenants, create leases and collect rent all in one place.
Here's how much Donald Trump is worth, from his DJT stock to real estate
Donald Trump is still a billionaire, but his net worth has fluctuated sharply this year along with the value of one of his main investments.
What to know about estate planning
A new survey shows the number of Americans with a will has decreased by 6% from last year, even though the majority say having a will is important. CBS News business analyst Jill Schlesinger explains what to know about estate planning and your will.
Walmart is selling a tiny house for less than $16,000
Walmart's prefab house includes space for a bedroom, living room, bathroom, dining room and kitchen, but appliances are sold separately.
"Mornings Memory": 1979's tough market
In today's tough housing market, homebuyers face high mortgage rates — but it's not the first time. A CBS News report from 1979 shows a young family in Chicago struggling with even steeper rates of 11%. Here's a look back at how history is repeating itself.
Vance says immigration is causing a housing crunch. Here's what to know.
In Tuesday's vice presidential debate, Sen. JD Vance claimed that housing in the U.S. "is totally unaffordable" due to immigrants. Here's what to know.
Minnetonka realtor bridging language gaps to build opportunities, sell homes
A Minnetonka realtor is using his Spanish-speaking ability to build generational wealth for other immigrants.
How one first-time homebuyer spent three years searching for a house
The real estate market is especially tough for first-time homebuyers like Shruti Chauhan, who has been hunting for years.
What can revive the American starter home?
Americans are increasingly unable to afford starter homes in many cities across the U.S. Among the problems, there's a shortage of about 5 million homes for sale or rent, and that's driving up prices. Mark Strassmann reports on the crisis and what's being done to try to fix it.
Some Americans not confident on homebuying
A CBS News poll found that some Americans are not confident they will ever reach the American Dream. CBS News correspondent Nancy Chen breaks down why.
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.
Ted Turner, media tycoon who founded CNN, dies at age 87
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
Lutnick's testimony in Epstein probe earns harsh criticism from Democrats
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
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.
Kentucky Derby winner skipping Preakness Stakes, won't make Triple Crown run
The last time a horse won the Triple Crown was in 2018.
U.S. to press allies to bolster counterterrorism efforts under new strategy
A new counterterrorism strategy, signed by President Trump on Tuesday, seeks to crack down on Islamist terror groups, drug cartels and violent domestic political groups.
Kash Patel, local sheriff clash over handling of Nancy Guthrie case
Kash Patel is placing blame on local officials in Arizona over their handling of the investigation into the disappearance of Nancy Guthrie, but the Pima County sheriff says some of the FBI director's claims are inaccurate.
Feds charge man who allegedly shot at Secret Service agent on National Mall
The Justice Department charged a Texas man who allegedly fired his gun toward a Secret Service agent and wounded a bystander on the National Mall.
Exclusive
Shapiro reelection campaign adds $3.6 million to war chest
Democratic Gov. Josh Shapiro raised $3.6 million over five weeks, an aide said.
U.S.
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Kentucky Derby winner skipping Preakness Stakes, won't make Triple Crown run
The last time a horse won the Triple Crown was in 2018.
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.
FBI searches office of Virginia lawmaker who helped lead redistricting effort
An FBI spokesperson said in a statement that an investigation is ongoing and there is no threat to public safety.
Feds charge man who allegedly shot at Secret Service agent on National Mall
The Justice Department charged a Texas man who allegedly fired his gun toward a Secret Service agent and wounded a bystander on the National Mall.
U.S. to press allies to bolster counterterrorism efforts under new strategy
A new counterterrorism strategy, signed by President Trump on Tuesday, seeks to crack down on Islamist terror groups, drug cartels and violent domestic political groups.
MoneyWatch
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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.
Gas prices top $4.50 a gallon, reaching highest level since July 2022
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
Ted Turner, media tycoon who founded CNN, dies at age 87
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
Fruit-flavored e-cigarettes for adults OK'd by FDA in major shift under Trump
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Politics
More Politics
FBI searches office of Virginia lawmaker who helped lead redistricting effort
An FBI spokesperson said in a statement that an investigation is ongoing and there is no threat to public safety.
Exclusive
Shapiro reelection campaign adds $3.6 million to war chest
Democratic Gov. Josh Shapiro raised $3.6 million over five weeks, an aide said.
Feds charge man who allegedly shot at Secret Service agent on National Mall
The Justice Department charged a Texas man who allegedly fired his gun toward a Secret Service agent and wounded a bystander on the National Mall.
U.S. to press allies to bolster counterterrorism efforts under new strategy
A new counterterrorism strategy, signed by President Trump on Tuesday, seeks to crack down on Islamist terror groups, drug cartels and violent domestic political groups.
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.
HealthWatch
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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.
Fruit-flavored e-cigarettes for adults OK'd by FDA in major shift under Trump
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
What we know about cruise hantavirus outbreak
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
How hantavirus may have spread aboard a cruise ship
A hantavirus outbreak on the MV Hondius cruise ship has killed three people and infected multiple others, officials said.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
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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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.
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.
Coinbase to lay off 700 workers as crypto company embraces AI
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
Pennsylvania suing Character AI, claims chatbot posed as medical professional
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
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
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.
Antisemitic graffiti found across NYC
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
Manhunt underway for former soldier
In northern Tennessee, a retired Special Forces soldier is accused of shooting his wife and then using his training to disappear into the woods. Nicole Valdes reports.
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
Trump on prospects of Iran deal: "Very possible"
President Trump on Wednesday spoke to reporters about the prospects of a final deal with Iran, saying U.S. officials have had "very good talks over the last 24 hours."
FBI raids Virginia State Sen. Lucas' office
The FBI raided the office of Virginia State Sen. L. Louise Lucas on Wednesday, who was a key proponent of the state's latest redistricting effort. CBS News' Jake Rosen has the latest.
Ro Khanna on Lutnick testimony about Epstein
Commerce Secretary Howard Lutnick testified Wednesday before the House Oversight Committee about the Jeffrey Epstein investigation. California Democratic Rep. Ro Khanna called the testimony "embarrassing." CBS News' Taurean Small has the latest.
Expert on Trump's Project Freedom pause
President Trump said the U.S. was pausing Project Freedom in the Strait of Hormuz for a short period as the shaky ceasefire with Iran holds. Mark F. Cancian, a senior adviser for the Defense and Security Department at the Center for Strategic and International Studies, joins with more.
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.