Biden administration says it wants to cap rent increases at 5% a year
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 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.
Purportedly won in a bet, the Bay Area's only private island a short distance from the Richmond-San Rafael Bridge is up for sale with an asking price of $25 million.
While real estate prices in California and the San Francisco Bay Area continue to shatter records, there is one Bay Area city that is bucking that trend for now.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
A new report shows homebuyers in Modesto, are paying 30% more for their new homes than what they're worth.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The landmark deal, if approved by a court, could cause real estate fees to drop by as much as 30%, experts say.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Single ladies are setting a new trend in the Sacramento region. They're part of a growing number of people purchasing homes for the first time.
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
An unincorporated San Joaquin County community near Tracy is the most competitive real estate market in the state, according to data from Redfin.
Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.
In a new ranking, California cities topped the list of the most expensive places to live in the US.
It may seem paradoxical, but the aging boomer population is sparking more demand for housing, Barclays said.
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
Vallejo is making a name for itself on the housing market.
Homebuyers are continuing to struggle with rising mortgage costs as interest rates are now the highest they've been in more than 20 years.
Homebuyers are continuing to struggle with rising mortgage costs as interest rates are now the highest they've been in more than 20 years.
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
Sacramento once had one of the hottest real estate markets in the country, but today, people looking to purchase homes are struggling.
However, State Farm will continue to offer personal auto insurance policies in California, the company said.
Eagle Mountain, founded in 1948, was a bustling company village for Kaiser Steel Mine until its closure in the '80s.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
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.
An early morning shooting in midtown Sacramento has left one man dead and another injured.
The Colorado Rockies beat the San Francisco Giants 4-3 on Saturday night.
A group of Vallejo residents gathered Saturday to ask the state for protection of a stretch of Highway 29 that runs straight through town.
Two teens were arrested after police chased a stolen vehicle from Yolo County into Solano County overnight, police said.
Evacuations are underway as a wind-driven fire has burned about 2,300 acres near the Lake and Colusa county line on Saturday afternoon, officials say.
An early morning shooting in midtown Sacramento has left one man dead and another injured.
Evacuations are underway as a wind-driven fire has burned about 2,300 acres near the Lake and Colusa county line on Saturday afternoon, officials say.
A home invasion turned quickly into a trip to the hospital for a 29-year-old suspect, not yet identified by police, when he came face-to-face with a father whose protective instincts kicked right in.
The Colorado Rockies beat the San Francisco Giants 4-3 on Saturday night.
A first-of-its-kind city ordinance aims to help the South Lake Tahoe community be safer and more fire resilient.
Weeks after the City of Sacramento said it was cracking down on illegal backyards, CBS13 has learned it has not even started taking any action.
We got a look at some newborns on display at the Sacramento Zoo and how a baby boom there could help protect some species from extinction.
A man and child died in a fire at an apartment complex in south Sacramento, officials said Monday.
On this first day of the Republican National Convention, Donald Trump supporters are in solidarity like never before.
Thousands of music fans braved the heat to help celebrate the opening of a new outdoor Sacramento concert venue. Here's a look at the site and what's being done to keep people cool.
In a Sierra foothills town where the California gold rush began, Black families are seeking restitution for land taken from their ancestors for a state park.
A new team of young volunteers is being trained to help reduce the threat of wildfires and respond when they grow out of control.
A new artificial turf surface at the Oakland Athletics' temporary home in Sacramento will have a hydration element because of summer heat at the open-air ballpark.
Banking services from Patelco Credit Union halted following a ransomware attack have been mostly restored although questions about customers' personal information remained.
Convicted murderer Scott Peterson is back in court on Tuesday in a new effort to prove his innocence.
The Colorado Rockies beat the San Francisco Giants 4-3 on Saturday night.
Brent Rooker hit a 3-run homer, Lawrence Butler had a bases-clearing double and the A's beat the Angels 8-2 on Saturday.
Max Schuemann hit a three-run homer, JJ Bleday and Shea Langeliers both added two-run shots and the A's beat the Angels 13-3 Friday night
Jake Cave hit a go-ahead three-run home run in the eighth inning in the Rockies' 7-3 victory over the Giants on Friday night.
A's executive Sandy Dean has told the Las Vegas Stadium Authority that the club does not expect to spend the entire $380 million in public money allocated to build a new stadium.
It was the pair's first event together since they became the GOP's nominees at the Republican National Convention in Milwaukee.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
The University of California Board of Regents are banning employees from posting political statements on the homepages of university websites, saying such comments could be interpreted as the university's official view.
Many questions remain about the possible motive and political views of the 20-year-old who tried to assassinate former President Donald Trump.
Former President Donald Trump is slated to accept the GOP's nomination for president on the fourth and last day of the Republican National Convention.
A warning of a Listeria monocytogenes outbreak affecting 12 states, including Pennsylvania, New Jersey and New York, was issued by the CDC Friday afternoon linking infections to sliced meat at deli counters.
At least 36 have been hospitalized after eating the mushroom "edibles."
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
14 students from a Tokyo high school were rushed to a hospital after eating chips marketed as "so spicy that they might cause you pain."
A UC Davis researcher spoke about what causes heart failure, what fixes it, and how that could be different for men and women.
The Sears department store in Stockton, a longtime staple of the community, will be closing next month.
Neighbors in Sacramento's Land Park say that in the battle over retail theft statewide, law enforcement officials and retail giant Target have worked to clean up a store location on Riverside Boulevard that had become overwhelmed by crime.
A new California law is designed to protect consumers against excessive or undisclosed costs on purchases. However, Gov. Newsom signed a last-minute exemption for the restaurant industry.
The SUV was supposed to be shipped from Idaho to Yuba City within three days. The dealer kept changing the delivery date, blaming a shipping issue. With his baby's due date approaching, Deandre Hobbs grew impatient.
Popular restaurant chain Rubio's Coastal Grill announced it was shuttering dozens of locations across the state, and now employees say they are having trouble cashing their final paychecks.
It was an emotional day in court for many who lived through the shootout and Abril's later escape.
Instead of facing trial for attempted murder, the Pasadena doctor accused of trying to kill his wife and kids by driving their Tesla off a cliff was released on Monday.
Emails obtained by CBS News California Investigates reveal the Governor's Chief of Staff did not want to negotiate with the initiative coalition unless they agreed to postpone their ballot measure until 2026.
Amid concerns that some felony defendants could be misusing California's Mental Health Diversion Court to have their violent crimes dismissed, a CBS News California investigation found that there is no reliable data to indicate how successful the state program is.
In response to a CBS News California Investigation, California lawmakers are demanding answers from Caltrans and considering legislation to fix Caltrans' damage claim process.
Sizzling hot temperatures are cooking much of the Sacramento Valley and Northern California this week, so it is only natural to reach for the thermostat to flip on your air conditioner for some cooling and comfortable relief.
Laura Allen says after months of trying to get her father's military service records from the Veterans Administration, she still didn't have them.
At least one DoorDash customer says he will only use the delivery app when he is hungry - and not for electronics.
As more and more Americans struggle to save money these days, we found a 45-day challenge to save $1,000.
The SUV was supposed to be shipped from Idaho to Yuba City within three days. The dealer kept changing the delivery date, blaming a shipping issue. With his baby's due date approaching, Deandre Hobbs grew impatient.
Evacuations are underway as a wind-driven fire has burned about 2,300 acres near the Lake and Colusa county line on Saturday afternoon, officials say.
Mandatory evacuations were issued after two fires broke out in Placer County on Friday evening.
Three homes were destroyed in a fire that burned more than 100 acres in San Joaquin County on Friday afternoon, Cal Fire said.
Jessie Fischer's Airbnb rental off Highway 140 was one of those homes flattened by the fire on the Fourth of July.
The Pay Fire in El Dorado County that broke out Saturday afternoon got dangerously close to multiple neighborhoods, but firefighters were able to stop it from destroying any homes.
More than one hundred customers came out to celebrate the grand reopening of a restaurant that's been around for seven decades.
Pursuing higher education can be challenging for any college-bound student and for former foster youth, doing it alone can seem impossible.
A celebration at Sacramento Charter High on Thursday as college-bound seniors announced their campus of choice and 95% were accepted into four-year schools.
A bank employee in Lodi has some big bragging rights. He's never missed a day of work in his 47 years on the job and now he's getting ready to retire.
Meet Frannie the dog, Instagram's newest fitness influencer.
A man who was at the scene of a deadly shooting in Sacramento's midtown neighborhood shared what he saw.
As of Saturday night, the Ridge Fire in Lake and Colusa counties has burned 2,300 acres and is 10% contained.
Here's a look at the weather forecast Saturday afternoon.
A suspect wanted in a burglary of a Sacramento business has been detained after he barricaded himself in a big rig on Saturday afternoon, police said.
A wind-driven fire has burned about 300 acres near the Lake and Colusa county line on Saturday afternoon, Cal Fire says.