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Homes are unaffordable in 80% of larger U.S. counties, analysis finds
Across much of the U.S., owning a home now requires spending more for housing than experts generally recommend.
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Across much of the U.S., owning a home now requires spending more for housing than experts generally recommend.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
In Hollywood, there are several projects to bring affordable housing to those who need it.
As housing prices continue to rise, new data highlights how hard it can be to afford a home in some parts of the U.S.
Rose for the ninth straight month
The latest innovation in homebuilding is being touted as a game changer that could end up revolutionizing the construction industry.
We devote the entire half hour to the HOA crisis in South Florida and elsewhere in the state.
We devote the entire half hour to the HOA crisis in South Florida and elsewhere in the state. As the cost of insurance rises, HOAs have been forced to raise fees putting a financial squeeze on homeowners. Corruption is also a concern after leaders of the Hammocks HOA were accused of theft and fraud to the tune of two million dollars. Florida now has the HOA Bill of Rights but critics say its protections don't go far enough. We hear from homeowners from four South Florida HOAs, Miami-Dade State Attorney Kathy Fernandez Rundle and State Rep. Juan Carlos Porras of Miami-Dade County who plan on introducing a stronger HOA Bill of Rights in the upcoming legislative session.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
But people in states at risk of extreme weather, like Florida, are seeing much larger increases.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
"Home has not been cleared of contamination and will be transferred to the new buyer in its current state," the listing says.
Despite the housing crisis facing South Floridians, there are still thousands of unoccupied homes in Miami.
As 2023 draws to an end, it is clear that South Florida's real estate market continues to change but what is unclear is what direction it will take.
Everything about financing a home purchase surged last year
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Prices rose in the Northeast, Midwest, and South but were unchanged in the West
July's housing figures reverse a five month trend of falling home prices.
After nine months of leading metro areas across the country in year-over-year increases in home prices, Miami fell out of the top spot in May
June is National Homeownership Month and with rising interest rates and home costs, getting to own a home is becoming more and more costly.
It was a horrifying Tuesday morning for one woman rollerblading in Miami Beach.
The fight happened after the Copa America final, when some members of the Colombian delegation were denied access to the stadium field.
"This didn't just happen in the last couple of weeks," said a nurse at the Miami VA Medical Center.
Check out our top picks for the biggest and best deals from the Amazon Prime Day 2024 sale, happening right now.
Shopping for an e-readers to catch up on your summer reading? Grab an Amazon Kindle on sale during Prime Day.
It was a horrifying Tuesday morning for one woman rollerblading in Miami Beach.
The fight happened after the Copa America final, when some members of the Colombian delegation were denied access to the stadium field.
"This didn't just happen in the last couple of weeks," said a nurse at the Miami VA Medical Center.
The Florida primary election is less than six weeks away
Pino was accused of hiring men to threaten and attack his estranged wife and her sister.
The American Automobile Association said this is a dangerous time of year for young drivers.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
The Florida primary election is less than six weeks away
The lawsuit claims seven South Florida state House districts and three congressional districts are unconstitutionally gerrymandered.
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.
"The political rhetoric in this country has gotten very heated. It's time to cool it down. We all have a responsibility to do that," President Biden said.
Following a shooter's attempt to kill former President Trump, conspiracy theories, digitally altered images and misinformation spread across social media platforms.
Jim DeFede speaks with Mo Saunders, the estranged aunt to Democrat Joe Saunders, who is also running for the same seat.
DeFede said the incident has become an "inflection point" for the country in how we talk about politics.
"I support the chairman's call for an investigation," Rep. Jared Moskowitz, a Democrat from Florida, told CBS News Miami.
Jim DeFede reacts to the assassination attempt on former president Donald Trump during his rally in Pennsylvania.
Jim DeFede interviews Democrat Joe Saunders, who now finds himself with a last-minute challenger, his aunt Maureen Saunders Scott, who is demanding to be on the ballot as Moe Saunders.
Nationwide, the CDC says the COVID virus level in wastewater is now "high" for the first time since last winter.
Tahjana Lewis suffered burns to her chest, arms and legs, according to a recent lawsuit the Connecticut woman filed.
One product contained 16 different metals, with researchers calling for rules requiring manufacturers to test tampons.
The CDC says several states are seeing "consistent increases in COVID-19 activity" this summer.
Hatch has received two reports of people being shocked after plastic on the product's AC power adapter came off.
Check out our top picks for the biggest and best deals from the Amazon Prime Day 2024 sale, happening right now.
Shopping for an e-readers to catch up on your summer reading? Grab an Amazon Kindle on sale during Prime Day.
Some of your favorite streaming channels are on sale for 99 cents for Amazon Prime Day today.
Snag a discounted laptop by shopping these fantastic Windows and Apple MacBook deals during Amazon Prime Day.
During Amazon Prime Day, start thinking about saving on popular back-to-school items for students with these deals.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
"90210" stars like Jennie Garth and Brian Austin Green paid tribute, and Alyssa Milano commented on her "complicated relationship" with Shannen Doherty.
Shannen Doherty had been battling cancer since 2015.
Colombia coach Néstor Lorenzo was critical of the extended halftime planned for Sunday night's Copa America final to allow a concert by Shakira.
Richard Simmons devoted his life to making people sweat with his "Sweatin' to the Oldies" workout videos.