Here's how much you need to earn to afford a home in 97 U.S. cities
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
Home Prices
Thinking of an adjustable-rate mortgage? Here are 3 questions to ask.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
California home — complete with meth lab — selling for $1.55 million
"Home has not been cleared of contamination and will be transferred to the new buyer in its current state," the listing says.
Couples turn to wedding registry to help save money to buy a home
A rising number of couples are using their wedding registry to ask for down payment donations, according to The Knot.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Top White House adviser maps out Biden's economic agenda
Jared Bernstein, Council of Economic Advisers chairman, joins CBS News' chief election & campaign correspondent Robert Costa to discuss President Biden's new economic plan, which Mr. Biden unveiled Wednesday in Chicago.
Rent is falling across the U.S. for the first time since 2020
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
This shade of gray can add $2,500 to the value of your home
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
California home prices drop
Even though home prices are dropping, there are more buyers than available homes. CBS News' Carter Evans spoke with buyers in Northern California, where homes are still among the most expensive in the country.
Less than a quarter of U.S. homes are affordable for average buyers
Shortage of properties and high housing costs can make it hard for middle-income Americans to become homeowners.
Frustrated coastal home buyers contend with low inventory, high demand
Home buyers in many U.S. coastal areas are advised to prepare to settle, bring cash offers and close quickly.
Home prices fall across U.S.
According to Redfin, the median home sale price in April was down roughly 4% from last year. That's a decline of nearly $18,000. This follows record-high prices during the pandemic. James Rodriguez, a senior real estate reporter at Insider, joins CBS News to discuss.
Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
U.S. home prices are falling in the West but rising in the East
Home values in Seattle fell 7.5% last month but rose 8.3% in Buffalo, New York, a new report shows.
Housing market cools amid prime season
Peak homebuying season is near, but it may not be as fruitful for buyers or sellers. Realtor.com executive news editor Clare Trapasso joins "CBS News Mornings" to discuss.
Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
U.S. homes see decline in value, report finds
A new report from Redfin found that homeowners are seeing a significant decline in their home values, dropping a total of $2.3 trillion between June and December of 2022. Taylor Marr, deputy chief economist at Redfin, joins CBS News to discuss the report.
Fed hikes interest rates by a quarter-point
As it continues efforts to combat inflation, the Federal Reserve on Wednesday increased interest rates by a quarter-point. In a statement, the Fed said that further hikes are likely.
More Americans move to the South
After the height of the pandemic, data shows more people have moved away from big cities and are heading toward Florida, Texas and the Carolinas. Nadia Evangelou, senior economist and director of real estate research with the National Association of Realtors, joins "CBS News Mornings" to discuss which areas are seeing the biggest population booms.
Here's how much renting will cost you versus buying a home
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
As Fed hikes interest rates, home prices dip
Home prices are on a decline as the Federal Reserve continues to raise interest rates to tame inflation. Skylar Olsen, chief economist at Zillow, joined CBS News' Catherine Herridge to discuss how rising interest rates are affecting the housing market and what homeowners and home buyers should do.
An alarming number of 2022 homebuyers are already underwater
Hundreds of thousands of homeowners who bought properties this year owe more than their homes are worth.
ICE officer relieved of duties after videos show him shoving woman to ground
An ICE officer who was captured on video pushing a woman to the ground outside an immigration court in New York City has been relieved of his duties.
Sinclair says it will bring back "Jimmy Kimmel Live!" on its stations
Sinclair said it will return "Jimmy Kimmel Live!" to the air on its stations Friday after it had preempted the show.
Former FBI Director James Comey indicted on 2 counts
President Trump's Justice Department has brought criminal charges against James Comey, indicting him on two counts, though a federal grand jury rejected one count.
Breaking
NYC mass shooting gunman had CTE, medical examiner finds
The gunman in the deadly Midtown Manhattan shooting, Shane Tamura, wrote about the brain disease CTE in a note obtained by investigators.
Israel's Netanyahu addresses U.N. as some delegates walk out
As Israel's Prime Minister Benjamin Netanyahu began speaking at the U.N. General Assembly in New York, dozens of people walked out of the room in protest.
Assata Shakur dies in Cuba after decades on the run
Assata Shakur, also known as Joanne Chesimard, was convicted of murdering a state trooper in 1973 and escaped prison in 1979.
Coast Guard releases image of alleged drug boat on fire after seizures
The Coast Guard says it seized nearly 30,000 pounds of cocaine from alleged drug boats in recent weeks.
Survivor of flesh-eating bacteria says she has "more appreciation" for life
As flesh-eating bacteria cases rise across the U.S., an Alabama woman is sharing her story of surviving Vibrio and the year-long recovery ahead.
House Judiciary Democrats launch probe of Virginia U.S. attorney's ouster
Former U.S. Attorney Erik Siebert resigned a week ago. On Thursday, former FBI Director James Comey was indicted.