Fewer Americans own homes than thought, new Fed search finds
Only about 53% of Americans own homes, or about 12 percentage points lower than previous data has shown, the study found.
Watch CBS News
Only about 53% of Americans own homes, or about 12 percentage points lower than previous data has shown, the study found.
The typical non-homeowner household earns about $7,000 less than what's needed to buy an entry-level home, according to LendingTree.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Submissions will be included in City Manager Kimberly Tolbert's May report to the City Council.
The request comes as questions continue to swirl around transparency in the City Hall decision‑making process.
"I feel that we have had an extremely dishonest conversation with the public to this point."
Duvall, who starred in "The Shining" and worked consistently with director Robert Altman, died at 75 years old on July 11.
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
Homeowners could get up to $5,000 up front for agreeing to use MV Realty as their agent when or if they decided to sell their home.
A mansion in Prosper that Colorado Buffaloes football coach and former Dallas Cowboy Deion Sanders built and owned for many years is on the market. The home is for sale for $5.5 million.
Fans of the movie Dazed and Confused can purchase a piece of the film for just under $1 million.
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
Real estate brokers Oren and Tal Alexander and their brother Alon are facing sex trafficking charges in New York.
The Dallas real estate developer who faced federal bribery charges for his involvement with members of the Dallas City Council pleaded guilty Tuesday, according to the U.S. Attorney for the Northern District of Texas.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many million-dollar properties are no longer considered luxury homes, with almost 1 in 10 U.S. houses costing at least that.
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.
A new study has found that more than 18 million Americans are living in homes that stretch their budgets far beyond what's financially healthy.
The company says there will be a public memorial at a later date.
Experts say wages simply have not kept up with the rising cost of homeownership. Now, buyers need to earn about $110,000 to afford the median home price.
The presidents of two realty associations in North Texas said negotiating a commission with a real estate agent doesn't require a lawsuit in Texas. Commissions have always been up for hammering out.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.
Family members and local leaders shared emotional reflections on her personality, passions, and the impact she had on those around her.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
A new regional partnership aims to reduce dangerous driving and gather data that could shape future roadway safety efforts across North Texas.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Family members and local leaders shared emotional reflections on her personality, passions, and the impact she had on those around her.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
A new regional partnership aims to reduce dangerous driving and gather data that could shape future roadway safety efforts across North Texas.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
The reversal comes just weeks after an I-Team investigation showed contention over the disciplinary process.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
In 1991, a Plano girl was kidnapped and sexually assaulted. The same thing happened 8 years later in Dallas. Investigators found the same DNA on both victims.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
On Saturday, Saudi Crown Prince Mohammed bin Salman spoke with Mr. Trump and cautioned him against conducting a fresh round of strikes on Iran, CBS News learned.
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Democratic Texas state Rep. Ramon Romero Jr. of Fort Worth speaks with Jack Dink about immigration policy, including Republican efforts to end birthright citizenship for so-called "birth tourists," or people who come to the U.S. in order to give birth. They also discussed data centers and the midterm elections.
Texas Lt. Gov. Dan Patrick spoke with Jack Fink at a Republican event in Sherman about the upcoming midterm elections and his proposals for property tax relief, among other topics.
Republican Rep. Brandon Gill of Flower Mound speaks with Jack Fink about his proposal to revoke birthright citizenship for children whose parents enter the U.S. illegally for the purpose of giving birth.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The illness may take up to 14 days to incubate.
Dangerous heat is sending more people to the ER. Here's where North Texas outdoor workers can get free hydration kits.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Cuban alleges Patrick Dumont has engaged in "adversarial business practices."
During every U.S. World Cup match, 18-year-old Aaron Dotson was selling patriotic gear in downtown Dallas.
FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.
Romo was arrested in Wisconsin last week, accused of operating a vehicle while intoxicated.
The pressure is rising on FIFA President Gianni Infantino to ditch a $20 billion privatization plan, but soccer's governing body is doubling down and criticizing the media.
Allisha Gray scored five of her 25 points in the closing seconds and the Atlanta Dream overcame a 15-point deficit to beat the Dallas Wings 82-81 on Wednesday night in the first game for both teams since the All-Star break.
Yandy Diaz and Ryan Vilade homered in the first inning and five pitchers combined for a four-hitter as the Tampa Bay Rays beat the Texas Rangers 3-0.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.