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US home prices fall by largest annual rate in more than a decade
The median existing home price was $396,100 last month, down from 3.1% from a year ago
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The median existing home price was $396,100 last month, down from 3.1% from a year ago
The average renter in Miami must make a six-figure salary to avoid being classified as rent burdened, according to a new report from researchers at Florida Atlantic University and two other schools.
Miami continued to top other metro areas nationally in home-price increases in March when compared to a year earlier, according to a report released Tuesday.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Home prices went up slightly in February.
Guests: Eileen Higgins/MIAMI-DADE COUNTY COMMISSIONER
City of Oakland Park commissioners want to help keep home prices within the reach of people in their community.
Trish Christakis reports those who can afford homes, who are making over six figures, still aren’t purchasing because of the steep prices and they don’t think it's worth the investment because of the record high mortgage rates.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
The Atlanta area was the third-highest
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
The Miami area had a 21 percent year-over-year increase
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
The latest figures showed that home prices surged over 20% since March of last year.
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He is expected to speak at the Republican National Convention in Milwaukee.
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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.
He is expected to speak at the Republican National Convention in Milwaukee.
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
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.
He is expected to speak at the Republican National Convention in Milwaukee.
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.
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.
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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.