Rents fall nationwide for third straight month as demand cools
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
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Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
A new analysis of listings in 97 of the most populous U.S. metropolitan areas found that just 15.5% of homes for sale last year were affordable for the typical household.
Despite the so-called "Great California Exodus" that has seen residents leave the state in droves, mostly because of the high cost of living, there are plenty of people bucking the trend and making their way to the Bay Area.
Sacramento city leaders are calling it a big win for more permanent supportive housing in downtown Sacramento. But the price tag to bring this affordable housing to market is eye-popping.
It may not look like much now, but a small army is digging into a project to bring affordable permanent housing to some of their own in Stockton.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
California Gov. Gavin Newsom has signed a law to fast-track low-income housing on surplus land owned by nonprofit colleges and religious institutions.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
The Oak Rose Apartments would be a three-story building with 67 units located on vacant land along Elk Grove Boulevard in the historic Old Town District. Many people who live and work in the neighborhood oppose the plan.
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
A plan to add more affordable housing to the area is feeling the pressure in more ways than one. We're talking about water pressure. It's simply not strong enough and that's keeping one major Sacramento project from letting new residents flow on in.
The State of California is doing its part to help meet a goal of 2.5 million new housing starts by 2030. One plan is to turn empty office buildings into affordable housing.
Finding a way to keep people in their homes and keep rent down — it's a complicated proposal amid a challenging financial market with increasing interest rates. Now, Sacramento city leaders are trying to tackle the issue.
What once defined housing for those below the poverty line is now becoming housing for an increasingly shrinking middle class in California.
According to a recent study from Redfin, there are only four major U.S. markets where it's cheaper to buy a home than rent, and Sacramento isn't one of them. In fact, it's toward the top of the list with cities like Denver and San Diego.
It's a new idea for one of the oldest blocks in Sacramento.
A new poll shows a staggering percentage of people living in the capital region struggle to make ends meet.
Supporters say in order to keep educators in the classroom, you first have to keep them in the community.
Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue.
Rents are surging from coast to coast. A recent report found more than half of renters saw an increase in the past year.
A new affordable housing bill in California may make its way to the governor's desk.
You've probably seen the construction of new housing projects popping up all across Sacramento. It's coming at a time when the city is facing a critical shortage of affordable places to live. Many people are having a tough time trying to purchase an affordable home.
In the city of Stockton, on any given night, an estimated 140 veterans are forced to sleep on the streets. On Thursday, the city celebrated a new housing community dedicated to cutting that number down.
California has not effectively used surplus properties owned by the state to help alleviate the affordable housing crisis, according to an audit that recommends agencies hire more staff and accelerate the rate at which parcels are offered for development.
A groundbreaking held Tuesday morning for affordable housing on 44th Street won't be confined to just a few homes.
Deputies responded to the scene at Freedom Park Drive and 34th Street, and said they learned three people had been in an argument before the shooting.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
A big rig driver is accused of taking off from the scene of a crash that killed two people on Highway 99 near Lodi on Tuesday, authorities said.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
A security guard was arrested in connection with the deadly shooting of a burglary suspect at a cannabis warehouse earlier this month, police said on Wednesday.
More people have been sickened after eating poisonous mushrooms in Sacramento County, public health officials say.
Could high-speed buses could one day make trips across the state much faster. A Caltrans study is looking for answers.
Deputies responded to the scene at Freedom Park Drive and 34th Street, and said they learned three people had been in an argument before the shooting.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
For music producer Derek Sample, his wife was diagnosed with stage 3 cancer the day the fires broke out. They are now displaced, even though their home survived because of the toxins that rendered their home unlivable.
Sacramento City Council candidate Jenn Chawla has condemned what she said were separate incidents of her campaign signs being vandalized with racist slurs.
A new needle exchange pilot program at the Sacramento Public Library is drawing backlash from some neighbors who say they are concerned about the safety of families and children.
Sacramento city leaders are continuing negotiations over how to close a $66 million budget deficit, with councilmembers signaling support for preserving several community programs even as difficult cuts loom ahead.
Sacramento police are investigating a stabbing that they say left a woman in critical condition Tuesday evening in South Natomas.
The California Department of Transportation, better known as Caltrans, is studying whether high-speed buses could one day make trips across the state much faster.
Many Pacific Gas and Electric customers are without power on Sunday as planned de-energizations start over critical fire weather.
Forecasters issued warnings to Northern California residents about widespread gusty winds and high fire danger as well as beach hazards during the weekend.
Top gubernatorial candidates faced off in a debate hosted Thursday by CBS News California and the San Francisco Examiner.
California Gov. Gavin Newsom unveiled his final budget proposal Thursday.
Harrison Bader hit a grand slam that capped an eight-run eighth inning and the San Francisco Giants beat the sloppy Athletics 10-1 in 25-35 mph winds.
Casey Schmitt hit two home runs and drove in three, Trevor McDonald struck out five in 6 2/3 innings, and the San Francisco Giants beat the Athletics 6-4.
Nick Kurtz homered for a third straight game, hitting a go-ahead three-run shot in the fifth inning and the Athletics beat the San Francisco Giants 5-2 on Friday night.
Jordan Walker had a solo homer and drove in the go-ahead run in the ninth inning to lead the St. Louis Cardinals to a 5-4 win over the Athletics.
Nick Kurtz hit a grand slam, J.T. Ginn pitched six innings of one-run ball and the Athletics beat the St. Louis Cardinals 6-2 on Wednesday night.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
Longtime Congresswoman Doris Matsui is facing a real challenge for the first time in her elected career, as Sacramento City Councilmember Mai Vang is running for California's 7th Congressional District.
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
For music producer Derek Sample, his wife was diagnosed with stage 3 cancer the day the fires broke out. They are now displaced, even though their home survived because of the toxins that rendered their home unlivable.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A West Park High School sophomore is celebrating the end of the school year and a second chance at life after suffering a sudden cardiac arrest during band class last month.
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.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Marlee Ginter reports on the possible transformation of Mather Airport into a trade hub.
Madisen Keavy reports on the Stockton State of the City.
More people have been sickened after eating poisonous mushrooms in Sacramento County, public health officials say.
A big rig driver is accused of taking off from the scene of a crash that killed two people on Highway 99 near Lodi on Tuesday, authorities said.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.