Analyst explains decline in housing sales
Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins "CBS News Mornings" to discuss the latest.
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Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins "CBS News Mornings" to discuss the latest.
Baltimore family sues appraiser and mortgage lender after their home was allegedly undervalued because they are Black.
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
"The momentum of economic recovery has slowed," a government spokesperson said.
Almost 1 in 7 listed properties have seen a recent price drop — double the rate from a year earlier.
Rising interest rates are affecting nearly every aspect of the U.S. economy and the mortgage refinancing boom of 2021 seems to be the latest casualty. Axios markets correspondent Matt Phillips joined CBS News' Anne-Marie Green and Vladimir Duthiers to talk more about the end of that boom and how it might impact the housing market.
"All they care about is raising the rent because they only care about the money," said one disabled resident.
Home prices are skyrocketing amid a shortage of properties — a crisis spreading to once-affordable towns across the U.S.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
Nick and Meghan Lucido were in debt and sold everything. Then, they decided to invest in a shed from Home Depot as their temporary home – and it proved to be fruitful.
Until recently, only residents of Ukraine's Donetsk, Luhansk, Zaporizhzhia and Kherson regions were eligible.
Home prices in Las Vegas have dropped for the first time in over two years. According to the Las Vegas Review Journal, increasing mortgage rates and decreasing home sales are causing the trend. Eli Segall, a real estate reporter for the Las Vegas Review Journal, joins CBS News' Jamie Yuccas to discuss.
Mortgage rates dropped for the second week in a row, but that didn't revive demand for potential homeowners. Danielle Hale, chief economist for Realtor.com, joined CBS News' Tanya Rivero and Elaine Quijano to discuss.
With "more supply and somewhat less demand, the housing market is rebalancing," said one analyst.
Price of a previously occupied house hits new heights even as would-be buyers struggle with high prices and mortgage rates.
Nationally, some housing markets are even seeing home prices starting to drop.
Borrowing costs for a typical home loan surged a day after the Federal Reserve hiked its benchmark rate.
Interest on a standard 30-year home loan is 5.23%, up from less than 3% a year ago, according to Freddie Mac.
Across America, the cost of rent is on the rise. Five cities saw average increases of over $1,000 per month from 2021 to 2022. Rent.com Senior Managing Editor Brian Carberry joins "CBS News Mornings" to explain what's driving up costs and what renters can do to save money.
With the Federal Reserve introducing the steepest interest rate increase since 2000, prospective home owners are struggling to adjust. U.S. housing prices are up nearly 40% since March 2019, forcing many Americans out of their communities. Mark Strassmann has more.
Economist Mark Zandi says now isn't the best time to buy a home, with most housing markets showing signs of overheating.
A food pantry, located in an area of Nashville where developers keep scooping up properties, was forced to close.
Average interest rates on a 30-year fixed mortgage are nearly 2 percentage points higher than a year ago.
Some U.S. cities are seeing even steeper increases, although economists expect prices to level off later this year.
The social media site is helping make the most outlandish properties on the popular online real estate marketplace – from towering castles to underground bunkers – go viral.
The two helicopter pilots were uninjured. After the retaliatory strikes were announced, President Trump said, "I believe the response should be very strong, very powerful."
The House passed Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
The trial of Karmelo Anthony centered on whether he acted in self-defense when he fatally stabbed Austin Metcalf at a Frisco ISD track meet in 2025.
It's the seventh time this session that a discharge petition has secured the necessary 218 signatures to force a vote on legislation.
Bill Pulte will begin serving as acting director of national intelligence in a week and a half, President Trump said, effectively standing by his decision to name the housing regulator and Trump loyalist.
In an interview airing on "CBS Sunday Morning," Vice President JD Vance said the U.S. will reach a deal with Iran before November's midterm elections.
A new analysis warns a proposed FEMA overhaul by a Trump-appointed panel would limit access to disaster aid for survivors, shifting the burden to state and local agencies amid hurricane season.
Maine Democrat Graham Platner is seeking to make the nomination official to take on Republican Sen. Susan Collins in November.
The two crew members were rescued by a sea drone in the first such operation ever carried out by the U.S. military, officials told CBS News.
It's the seventh time this session that a discharge petition has secured the necessary 218 signatures to force a vote on legislation.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
From August 2025 to March 2026, an immigrant detention facility at Fort Bliss Army base suffered a host of serious incidents, including two deaths that were investigated by the Government Accountability Office.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
The U.S. being a host country for the World Cup generates interest among fans, but less so among those who are not soccer fans.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
Many Americans spend decades saving for retirement, but lack a plan for using that money once they stop working, a new survey finds. Here's what to know.
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
It's the seventh time this session that a discharge petition has secured the necessary 218 signatures to force a vote on legislation.
Bill Pulte will begin serving as acting director of national intelligence in a week and a half, President Trump said, effectively standing by his decision to name the housing regulator and Trump loyalist.
A new analysis warns a proposed FEMA overhaul by a Trump-appointed panel would limit access to disaster aid for survivors, shifting the burden to state and local agencies amid hurricane season.
From August 2025 to March 2026, an immigrant detention facility at Fort Bliss Army base suffered a host of serious incidents, including two deaths that were investigated by the Government Accountability Office.
In an interview airing on "CBS Sunday Morning," Vice President JD Vance said the U.S. will reach a deal with Iran before November's midterm elections.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
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.
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.
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.
In an interview airing on "CBS Sunday Morning," Vice President JD Vance said the U.S. will reach a deal with Iran before November's midterm elections.
Researchers have discovered dozens of headless human skeletons in a ditch in Slovakia, which they believe date back 7,000 years.
Several retired U.S. generals and the former director of a U.S. intelligence agency told CBS News they believe Ukraine now has the upper hand in the war with Russia.
Afghanistan's Taliban rulers deny shooting at protesters and claim no women or girls have been arrested because they're all following strict dress code rules.
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
"Marshals" actor Logan Marshall-Green joins CBS News 24/7 Mornings to discuss his recent work on "The Odyssey," "Boiúna: Legend of the Amazon" and "Killing Castro."
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.
CBS News New York's Dave Carlin breaks down the biggest wins and performances from the 79th Tony Awards.
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."
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.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
Apple is rolling out an update with new parental controls to help navigate screen time and keep kids safe. Jo Ling Kent explains the changes.
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.
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.
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
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.
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Nick Reiner, who's accused of killing his parents, Rob and Estelle Reiner, last December, wants a judge to order the release of money from his trust fund. Carter Evans reports.
Emotions were high after a jury in Texas found 19-year-old Karmelo Anthony guilty of murder in the fatal stabbing of 17-year-old Austin Metcalf at a high school track meet last year. Immediately after the verdict, tension erupted outside the courthouse. Jonah Kaplan reports.
A jury on Tuesday found Karmelo Anthony, 19, guilty of murder for the 2025 stabbing of 17-year-old Austin Metcalf at a Texas track meet. CBS News correspondent Jonah Kaplan reports.
Karmelo Anthony was convicted of murder Tuesday for the 2025 stabbing of 17-year-old Austin Metcalf at a Texas track meet. CBS News Texas reports.
Decarlos Brown Jr, the man accused of fatally stabbing Ukrainian refugee Iryna Zarutska on a Charlotte, North Carolina, light rail train, has been ruled incompetent for trial "at this time." CBS News correspondent Shanelle Kaul has more.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
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.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
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.
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.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
Beef is so expensive right now that barbecue joints are losing money on brisket and trying to steer customers to other choices. CBS News' Jason Allen reports.
Nick Reiner, who's accused of killing his parents, Rob and Estelle Reiner, last December, wants a judge to order the release of money from his trust fund. Carter Evans reports.
Voters headed to the polls in Nevada, South Carolina, North Dakota and Maine, which features a nationally-watched U.S. Senate race. As Democrats try to win back the Senate in November, their candidate in Maine has admitted to a sexting scandal and is now fighting off allegations from several former girlfriends. Caitlin Huey-Burns has more.
Emotions were high after a jury in Texas found 19-year-old Karmelo Anthony guilty of murder in the fatal stabbing of 17-year-old Austin Metcalf at a high school track meet last year. Immediately after the verdict, tension erupted outside the courthouse. Jonah Kaplan reports.