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.
Real Estate
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.
Man sues realtor he claims withheld Bezos' identity in $79M home sale
Businessman Leo Kryss alleges he wouldn't have shaved $6 million from his mansion's sale price if he had known Bezos was buyer.
Mortgage rates fall to lowest since April 2023. Here's where they're headed.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
DOJ alleges RealPage enabled price-fixing on rents
The Justice Department has filed an antitrust lawsuit against RealPage, a property management software provider, alleging it enabled collusion among landlords to inflate rents for millions of Americans. Jo Ling Kent has details.
What to know about RealPage antitrust lawsuit
The Justice Department filed an antitrust lawsuit against real estate software company RealPage Friday with federal regulators accusing the company of colluding with landlords to raise the rents on millions of Americans. CBS News senior business and technology correspondent Jo Ling Kent has more.
Real estate market, interest rates shift
The real estate market in the U.S. may see some movement when the Federal Reserve Board makes a decision on potentially cutting interest rates in September. CBS News contributor J.D. Durkin has more.
Realtors react to new commission rules
The way that real estate agents across the nation get paid has dramatically changed. Home sellers no longer have to offer compensation to the buyer's agent, while commissions could add thousands of dollars for homebuyers hoping to find something affordable. Elise Preston has details.
Impact of new real estate commission rules
New rules that will impact real estate agents, homebuyers and sellers will take effect this weekend as part of a groundbreaking antitrust settlement earlier this year. Under the new rules, it will now be standard practice to negotiate commissions with agents. Jo Ling Kent examines the changes.
New rules set to shake up real estate market
New rules go into effect this weekend that will change the way homes are bought and sold across country. CBS News senior business and technology correspondent Jo Ling Kent tells us what this means for potential home buyers.
Realtor group agrees to cut commissions. Here's the financial impact.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
A record number of U.S. homes are now worth $1 million or more
Many million-dollar properties are no longer considered luxury homes, with almost 1 in 10 U.S. houses costing at least that.
What to know about new real estate rules
Starting Aug. 17, new regulations will change how real estate commissions are handled, potentially lowering costs for homebuyers and sellers. Under the new rules, buyers and sellers will have the opportunity to negotiate commissions directly with their agents, a shift that could impact everyone involved in the real estate market.
Mortgage rates starting to come down
Mortgage rates are finally starting to come down, which is giving some homeowners a bit of relief. But many looking to buy could still face unaffordable prices and a tight market. Elise Preston has more.
Zombie mortgages come back to haunt homeowners
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
How zombie mortgages haunt homeowners
Zombie debt refers to long-forgotten or old debts that resurface, often with accumulated interest and fees, threatening the financial stability of unsuspecting homeowners and sometimes leading to foreclosures. CBS News national consumer correspondent Ash-har Quraishi reports.
California mom had no idea she owed thousands
Teresa modified her home mortgage back in 2009 during the financial crisis, and thought she was making payments on her second mortgage every month. She's discovered she's overdue on thousands of payments for this "zombie debt," and fears losing her home.
Man says zombie mortgage led to foreclosure
Jose Arzate of Santa Maria, California, says he was taken by surprise when sheriff's deputies evicted him. He says he never knew he owed tens of thousands of dollars in "zombie mortgage" debt.
Veteran could lose home due to zombie mortgage
Laverne Simmons of Inglewood, California, says she never got bills for a decade-old debt. Now this "zombie mortgage" could cost her the home she loves.
Biden administration says it wants to cap rent increases at 5% a year
The Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
Arizona's Maricopa County sees spike in evictions
Since March 2023, Maricopa County, Arizona, has led the nation in eviction filings, with one Phoenix judge hearing as many as 500 eviction cases a month. It's part of an affordable housing crisis attributed to rising rents. Kris Van Cleave explains.
Growing divide in Wyoming as billionaires send prices sky-high
Teton County's $108,000 median income is still not enough to afford the $7 million average cost for a home in Jackson Hole.
How property owners are dealing with squatters
Squatters' rights were designed to make sure vacant property didn't go to waste, but many property owners say the laws are hurting them and preventing them from clearing out their own land. Carter Evans takes a look at what's being done about the issue.
Mortgage closing fees are in the hot seat. Here's why feds are looking into them.
As home prices nationwide continue to climb, the federal government is looking into a recent spike in upfront costs associated with buying a house.
First on CBS
U.S. launches largest-ever effort to denaturalize citizens accused of fraud
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
Live
Iran and Israel say attacks halted after Trump tells both to "stop 'shooting'"
Iran and Israel declare a halt to fighting as President Trump says both are seeking an "immediate ceasefire" after a major escalation in the 101-day war.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
U.S. bars entry of FIFA World Cup referee from Somalia
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Raman defeats Pratt to face Bass in L.A. mayoral election, CBS News projects
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
Judge voids Trump's $100,000 fee for new H-1B visas
U.S. District Judge Leo Sorokin ruled in favor of a group of 20 states that challenged President Trump's new $100,000 visa fee.
Pentagon updates religious codes after criticism from Mormons
On Friday, the Pentagon cut the number of religious affiliation codes from over 200 to 31 to help military chaplains streamline religious support services.
Russia bans Bill Browder's teen son after he exposes alleged crypto scheme
Russia sanctioned Alexander Browder, son of financier-turned-activist Bill Browder, after he unveiled an alleged cryptocurrency money laundering network.
South Florida reports feeling shaking from earthquake off coast of Cuba
An earthquake off Cuba was felt across parts of Florida, but Miami officials reported no major injuries, significant damage or tsunami threat.
U.S.
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U.S. bars entry of FIFA World Cup referee from Somalia
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Former NY Knick, NJ Sen. Bill Bradley says Trump "second fiddle" at Game 3
"The people are there to see these two teams play," Bill Bradley said of President Trump's plan to attend Game 3 of the NBA Finals on Monday night.
OpenAI says it filed confidential IPO as it positions itself for AI arms race
Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
MoneyWatch
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OpenAI says it filed confidential IPO as it positions itself for AI arms race
Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.
How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
Nearly half of Americans say they're worse off financially than a year ago
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Working remotely can hurt people's mental health, research finds
Although working remotely offers flexibility, it also takes a toll on people's mental health, experts said.
Politics
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U.N. court chief prosecutor suspended over sexual misconduct allegations
Embattled International Criminal Court chief prosecutor Karim Khan was suspended after the court's oversight body referred him for disciplinary proceedings.
President Trump booed by MSG crowd prior to Game 3 of NBA Finals
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
Raman defeats Pratt to face Bass in LA mayoral election, CBS News projects
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
U.S. bars entry of FIFA World Cup referee from Somalia
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Former NY Knick, NJ Sen. Bill Bradley says Trump "second fiddle" at Game 3
"The people are there to see these two teams play," Bill Bradley said of President Trump's plan to attend Game 3 of the NBA Finals on Monday night.
HealthWatch
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HealthWatch
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a treatment for diabetes, GLP-1 drugs have been found also to help patients significantly reduce weight. More than 30 million people in the U.S. have had their lives changed by GLP-1 medications. But there have also been troubling side effects reported. Correspondent Tracy Smith talks with experts who say the drugs might prove useful in treating other diseases associated with obesity (including cancer); and with patients who have taken GLP-1 drugs and experienced widely varying reactions.
A breakthrough for Type 1 diabetes treatment
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
World
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U.N. court chief prosecutor suspended over sexual misconduct allegations
Embattled International Criminal Court chief prosecutor Karim Khan was suspended after the court's oversight body referred him for disciplinary proceedings.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Russia bans Bill Browder's teen son after he exposes alleged crypto scheme
Russia sanctioned Alexander Browder, son of financier-turned-activist Bill Browder, after he unveiled an alleged cryptocurrency money laundering network.
Pope Leo denounces what he calls "scourge" of sexual abuse by Catholic clergy
Pope Leo XIV denounced the "scourge" of sexual violence by Catholic clergy and called for a "culture of care" in the Church ahead of an expected private meeting with victims in Spain.
Live
Iran and Israel say attacks halted after Trump tells both to "stop 'shooting'"
Iran and Israel declare a halt to fighting as President Trump says both are seeking an "immediate ceasefire" after a major escalation in the 101-day war.
Entertainment
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Entertainment
Expert on UAPs, Spielberg's "Disclosure Day"
Garry Nolan, a professor of pathology at Stanford University School of Medicine and the executive director of the board for The Sol Foundation, joins CBS News 24/7 to discuss Steven Spielberg's new movie, "Disclosure Day," and its exploration of the existence of aliens on Earth.
Biggest winners from the 79th Tony Awards
CBS News New York's Dave Carlin breaks down the biggest wins and performances from the 79th Tony Awards.
Steven Spielberg talks "Disclosure Day"
Oscar-winning director Steven Spielberg talks to CBS News about his 34th feature film, "Disclosure Day," which explores what would happen if all of the evidence about UFOs and alien life was released to the entire world and proved we are not alone. He also discusses his opinion on aliens, saying they "have been here and they are here."
Highlights from the Tony Awards
At Broadway's biggest night, "Schmigadoon!" took home the award for best musical. Meanwhile, "Arthur Miller's 'Death of a Salesman'" won six Tony Awards, the most of the night. Jamie Wax has more on the winners and top moments.
Tony Awards honor "Schmigadoon!" and more. See the full winners list.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Technology
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How to buy SpaceX shares as its blockbuster IPO readies for liftoff
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
Can an AI agent cover for you while you're at the beach?
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
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.
Tackling job search struggles
LinkedIn's latest workforce report found hiring rates are nearly 5% lower than a year ago. Catherine Fisher, a LinkedIn career expert, explains how job applicants can break through the market, using AI when applying and more.
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Science
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Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
Crime
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Crime
Court appearance for fake boarding pass suspect
A man appeared in a Houston courtroom Monday after he was removed from a United Airlines flight last month for allegedly getting on the plane with a fake boarding pass. Jason Allen reports.
Chaos after mass shooting at Ohio festival
At least 12 people were injured during a mass shooting at the Old West End Festival in Toledo, Ohio, officials say. CBS News' Jonah Kaplan reports.
12 hurt in "gunfight" at Ohio festival, police say
Twelve people were injured, two of them critically, in what police are calling a "gunfight" that broke out at the Old West End Festival in Toledo, Ohio, on Saturday. Jonah Kaplan reports.
5 people stabbed at Penn Station, Amtrak police say
Six people, including the suspect, were taken to the hospital after a stabbing incident at New York City's Penn Station on Sunday evening.
The Plot to Eliminate Alyssa Burkett
A toxic couple orchestrates an elaborate plan to kill a mother. "48 Hours" correspondent Peter Van Sant reports.
Space
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Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
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.
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.
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?
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
Francesca Hong on her run for Wisconsin governor
Wisconsin state representative and self-described democratic socialist Francesca Hong launched what many would consider a long-shot candidacy for Wisconsin governor last year. But early polls show her as one of the frontrunners ahead of the Democratic primary on August 11. Hong joined CBS News to discuss her campaign.
Apple unveils new child safety features
Apple unveiled new child safety features for its devices at its annual Worldwide Developers Conference in Cupertino, California, Monday. CBS News senior business and tech correspondent Jo Ling Kent has more.
Latest details on Trump denaturalization effort
The Trump administration says it is moving forward with what it calls the largest-ever effort to use its power to revoke U.S. citizenship. CBS News immigration correspondent Camilo Montoya-Galvez has more.
6/8: The Takeout with Major Garrett
Iran and Israel say they've halted military operations after weekend flare-up; Trump attends NBA Finals game at Madison Square Garden.
6/8: CBS Evening News
Millions in central U.S. facing severe weather threats after weekend of storms; Inside Trump's visit to the NBA Finals.