There are only four U.S. cities where renters can afford to buy
Most renters have been priced out of nearly all major U.S. cities, including once-affordable places like Salt Lake City.
Most renters have been priced out of nearly all major U.S. cities, including once-affordable places like Salt Lake City.
Economists had predicted a sharp decline in U.S. housing prices this year, but the latest data shows an increase.
However, State Farm will continue to offer personal auto insurance policies in California, the company said.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
The 10 most expensive homes were all sold in the last four years, and their owners range from a venture capitalist to a car dealer.
Eagle Mountain, founded in 1948, was a bustling company village for Kaiser Steel Mine until its closure in the '80s.
Whether it's a 40,000-square-foot compound with an elevator in the bathroom, or a 200-sq.-ft studio with office space hidden in the closet, home is a place that holds a huge space in our psyche.
Nearly one-third of the U.S. has seen a drop in the price of homes for sale since the start of 2023. CBS News' Errol Barnett and Lana Zak are joined by Alcynna Lloyd, economy reporter for Insider, to discuss the trend.
Title 42, the pandemic-era border policy, ends today; drop in commercial property values could impact U.S. pension plans.
With many jobs going remote since the start of the COVID-19 pandemic, many office buildings remain empty. Many of those buildings were financed by loans from regional banks, and as their valuations have gone down, this has in turn contributed to the major Wall Street hit those bank stocks have taken. Carter Evans has more.
A new analysis of millions of home and condo sales pinpoints when homeowners should sell to maximize their profit.
Renters in more affordable cities can get 1,000 square feet more for their money than people in pricey metros.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
Victor Calanog, the head of commercial real estate economics for Moody's Analytics, joins Errol Barnett and Roxana Saberi to discuss the lasting effect the pandemic has had on commercial real estate. He details rising office space vacancy, what's shifted for storefronts, and more.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Baby boomers are outbuying and outbidding millennials in the U.S. housing market. Senior real estate reporter with Insider, James Rodriguez, joined CBS News to break down the trends among homebuyers.
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.
Home values in Seattle fell 7.5% last month but rose 8.3% in Buffalo, New York, a new report shows.
The gap between renting an owning is the largest it's been in more than 15 years, an industry analysis found.
New data shows home flipping in the United States is still popular, but last year the practice saw its lowest profits since 2008. CBS MoneyWatch reporter Khristopher Brooks joins Errol Barnett and Elaine Quijano to discuss the trends.
Buying, fixing and selling a home for a quick buck is still possible, but it's not as easy as it used to be.
The Federal Reserve will announce its interest rate decision after several recent bank failures have shaken the industry. The housing industry will be one of the most impacted by the decision. Ed O'Keefe reports.
The Federal Reserve will announce its rate decision after several recent bank failures have shaken the industry. Real estate has been among the most impacted sectors. Ed O'Keefe reports.
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.
Ramsey's mysterious death in 1996 gained worldwide attention, but the case remains unsolved.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
The Florida governor went on a whirlwind campaign tour through Iowa, New Hampshire and South Carolina this week.
Footage from the accident site showed bodies lined up on tracks and the injured being shifted to hospitals while rescuers desperately looked through the overturned and jumbled metal train compartments.
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September.
Tupelo Fire Department Sergeant Michael Moody confirmed the deaths to CBS News.
Rights groups have condemned the government crackdown, which has included arbitrary arrests and restrictions on social media.
It was the first deadly exchange of fire along the Israel-Egypt border in over a decade.
The father is also a person of interest in the disappearance of the mother, who was last seen in 2019, authorities said.
Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September.
The Florida governor went on a whirlwind campaign tour through Iowa, New Hampshire and South Carolina this week.
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
The father is also a person of interest in the disappearance of the mother, who was last seen in 2019, authorities said.
Tupelo Fire Department Sergeant Michael Moody confirmed the deaths to CBS News.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
A report of U.S. job cuts showed roughly 5% of job losses in May were due to AI technology.
Allstate and others say thousands of natural disasters in recent years have made the state too expensive to cover.
AI has a place in the profession, but is currently limited in its capabilities, a Texas judge said.
The symbolic vote on executives' multi-million dollar pay packages comes amid an ongoing writer's strike.
The Florida governor went on a whirlwind campaign tour through Iowa, New Hampshire and South Carolina this week.
With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.
The recording — from a July 2021 meeting at Trump's golf club in Bedminster, New Jersey — is a crucial piece of evidence that prosecutors obtained in recent months.
The Republican National Committee also set the rules for the first GOP primary debate of the 2024 presidential cycle.
The Biden-Harris campaign plans to make addressing gun violence a key focus of President Biden's reelection effort.
Companies hid evidence of PFAS' link to dead dogs, enlarged livers and birth defects, according to researchers.
Sweden, which has the lowest rate of smoking in the Europe Union, is close to declaring itself "smoke free."
At least 102 were hospitalized in December, nearly double an earlier peak.
The warnings - in English and French - include "poison in every puff," "tobacco smoke harms children" and "cigarettes cause impotence."
The decline in births is "a very small difference" from the year before.
Rights groups have condemned the government crackdown, which has included arbitrary arrests and restrictions on social media.
It was the first deadly exchange of fire along the Israel-Egypt border in over a decade.
Footage from the accident site showed bodies lined up on tracks and the injured being shifted to hospitals while rescuers desperately looked through the overturned and jumbled metal train compartments.
Images broadcast on local stations showed smashed train compartments torn open with blood-stained holes of twisted metal, and scores of passengers lying beside the tracks.
CIA Director William Burns traveled secretly to Beijing last month, becoming the most senior U.S. official to visit China since the U.S. shot down a Chinese surveillance balloon.
Lyricist Cynthia Weil, who with her husband Barry Mann was half of one of the most successful songwriting teams in New York's fabled Brill Building, and who wrote or co-wrote hits for such artists as Neil Diamond, Linda Ronstadt and Lionel Richie, died June 1, 2023, at age 82. In this "Sunday Morning" profile that aired February 8, 2015, Weil and Mann talk with correspondent Rita Braver about their love-hate competition with Carole King (dramatized in the musical "Beautiful"), and about creating such classics as "On Broadway" and "You've Lost That Lovin' Feelin'."
British band "The Heavy" is known for their unique blend of blues, gospel and soul music. Their work has been featured in countless TV shows, movies and video games, and now they're out with their sixth studio album. Here is The Heavy with "I Feel the Love."
British band "The Heavy" is known for their unique blend of blues, gospel and soul music. Their work has been featured in countless TV shows, movies and video games, and now they're out with their sixth studio album. Here is The Heavy with "Hurricane Coming."
British band "The Heavy" is known for their unique blend of blues, gospel and soul music. Their work has been featured in countless TV shows, movies and video games, and now they're out with their sixth studio album. Here is The Heavy with "Feels Like Rain."
The star of the improv show and longtime partner of DC Young Fly reportedly died in Miami on Wednesday.
Artificial intelligence will likely remake the workplace. A recent analysis from Goldman Sachs looked at the global impact, and found that AI could replace 300 million full-time jobs. Futurist Martin Ford joined CBS News to discuss the jobs he believes AI likely won't take, and what you can do if you're concerned your job may be replaced.
It's important to practice good "cyber hygiene" to prevent hackers, and even employees, from accessing sensitive information.
Financial watchdog urges consumers who keep funds with a digital app to transfer the money to an insured bank account.
In a new documentary, CBS Reports explores the unleashing of artificial intelligence, a rapidly evolving technology. Entrepreneur João Santos, who created AIsthetic, an apparel company using CHatGPT as the CEO, joins CBS News.
Owner of Facebook and Instagram could bar users in the state from sharing news over bill requiring tech companies to pay news publishers.
In the last century, only two wolverines were spotted in California.
Arizona is limiting new construction around Phoenix as the state's water supply continues to dwindle. State officials say there isn't enough groundwater for housing construction that's already been approved. CBS News senior national and environmental correspondent Ben Tracy has more.
A litter of six red wolf pups, a highly endangered species of which there are only about two dozen in the wild, was born at the Great Plains Zoo in South Dakota on Thursday.
The Atlantic hurricane season has officially begun and forecasters are already watching some activity in the Gulf. CBS News senior weather and climate producer David Parkinson joins with a preview of the season, and national correspondent Manuel Bojorquez investigates Florida's flood insurance crisis.
Officials say it "looks weird," and could have been an accident - or a protest over new environmental restrictions on diesel trucks hauling heavy loads.
See the details of the bizarre case.
The Hollywood Police Department has also issued arrest warrants for two other suspected gunmen.
The shooting happened in the same county where a sheriff was shot to death in 2013.
A man killed at least three people during a violent rampage in the Northern California cities of Milpitas and San Jose, police said.
Seven inmates escaped, but most were recaptured within hours. The remaining escapee should be considered "armed and dangerous," police said.
In a first of its kind event, the European Space Agency on Friday livestreamed images of Mars in what it called an opportunity "to get as close as it's currently possible" to the Red Planet.
Around the world, people can catch a sweet treat in the night sky this weekend.
Up until Friday, all images seen of the planet were technically of its past.
A new launch target was not announced, but Boeing officials said a flight this year is still feasible. In theory.
Scientists first made a brightness map of the exoplanet, then a temperature map of the atmosphere.
See the details of the bizarre case.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
Vero Beach Police investigators focused on cellphone tower pings and surveillance footage cameras to catch a man who murdered his former girlfriend.
The artificial intelligence revolution has arrived. AI tools such as ChatGPT offer the power to transform fields like business, art, medical research and more. But this technology also brings ethical uncertainty and peril. CBS Reports explores the unleashing of this still rapidly evolving creation and some of the possible dangers.
Two people were killed when a small plane crashed and caught fire near an airport in Tupelo, Mississippi, on Saturday.
Some U.S. company leaders are calling for their remote workers to return to the office. Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September. Carter Evans has more.
Peter Henrikson, a carpenter from Minnesota, is using his woodworking skills to help rebuild Paris' famous Cathedral of Notre Dame four years after a fire tore through the roof of the historic structure.
June is Pride month, a celebration of LGBTQ life. But after years of hard-won civil rights gains for the LGBTQ+ community, there is a backlash that includes violence and tests of corporate commitment. Elise Preston has more.