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Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
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The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
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.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
Prospective Bay Area home buyers are in a tough spot as mortgage rates hit a two-decade high, leaving some prospective home buyers re-evaluating their dreams.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Some real estate experts say that in the current financial climate, renting a home in the U.S. may be more financially responsible than buying one, due to a variety of factors, including mortgage rates and maintenance costs. Carter Evans has details.
With inflation finally falling from last year's record highs, the Federal Reserve declined to raise key interest rates for the first time in 15 months. Natalie Brand reports on how the move will affect consumers and whether we could see more rate hikes in the future.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
The Federal Reserve made its most aggressive move yet to tamp down inflation Wednesday, by raising the interest rate by three-quarters of a percentage point.
An elderly woman died of her injuries after being pushed into an oncoming BART train in San Francisco Monday night and a suspect was arrested, the transit agency said.
A ransomware attack at Dublin-based Patelco Credit Union may prevent customers from accessing banking services for days or weeks, the company said.
A prolonged heat wave descended on the Bay Area Tuesday, with expected record-breaking temperatures creating dangerous conditions across the region.
It's a welcome number for the candidate, who caused widespread concern among Democrats after his debate performance
The heat is on in the South Bay with temperatures expected to exceed 100 degrees, and people are finding creative ways to beat the heat.
An elderly woman died of her injuries after being pushed into an oncoming BART train in San Francisco Monday night and a suspect was arrested, the transit agency said.
A ransomware attack at Dublin-based Patelco Credit Union may prevent customers from accessing banking services for days or weeks, the company said.
A prolonged heat wave descended on the Bay Area Tuesday, with expected record-breaking temperatures creating dangerous conditions across the region.
The heat is on in the South Bay with temperatures expected to exceed 100 degrees, and people are finding creative ways to beat the heat.
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.
An elderly woman died of her injuries after being pushed into an oncoming BART train in San Francisco Monday night and a suspect was arrested, the transit agency said.
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.
In recent years, the number of whales swimming in San Francisco Bay has increased dramatically, often with tragic results.
Authorities in San Francisco may have killed a coyote that bit a 5-year-old girl at the San Francisco Botanical Garden last week.
San Francisco firefighters responded to a small grass fire in McLaren Park Sunday night that was sparked by a firework.
Contra Costa County will see its highest tax assessment roll in its history in 2024-25, the county said Monday.
The Alameda County Fire Department on Monday demonstrated just how fast fireworks can spark grass fires, warning East Bay residents of the dangers presented by the coming holiday heatwave.
Oakland police are investigating two homicides from Saturday evening and early Monday morning.
Richmond police say a man wanted for a June homicide on Richmond Parkway was arrested in Nebraska last week.
The owner of a boba tea shop in Concord said he was threatened by police for inviting car enthusiasts to join opening festivities.
The heat is on in the South Bay with temperatures expected to exceed 100 degrees, and people are finding creative ways to beat the heat.
The oldest continental soccer tournament, Copa America, has brought waves of excitement to the Bay Area.
The California Highway Patrol and Cal Fire responded to the scene of a propane truck fire on southbound U.S. Highway 101 Monday afternoon near Morgan Hill that closed lanes of the freeway for hours, according to authorities.
Police in San Jose on Monday confirmed four additional arrests in connection with violent sideshow activity near Santana Row last month that injured two people including a responding officer, according to authorities.
Santa Clara County fire crews are reminding residents that fireworks, even Safe and Sane ones, are illegal in the county.
A red flag warning in Marin County has residents in the region on high alert.
A motorist died following a two-vehicle collision early Thursday morning near Petaluma, according to the California Highway Patrol.
Authorities in Ukiah are holding a man on $1 million bail who had failed to register as a sex offender and allegedly tried to attack a woman, police said Wednesday.
Police in Santa Rosa are searching for a woman suspected in a Thursday morning stabbing.
A Sacramento resident was arrested earlier this month on suspicion of participating in stealing and fraudulently depositing checks issued by the Novato Unified School District.
The oldest continental soccer tournament, Copa America, has brought waves of excitement to the Bay Area.
Beloved Golden State Warriors guard and legendary Splash Brother Klay Thompson will be headed to Dallas as part of a multi-team sign-and-trade deal, according to reports.
Enter for your chance to win a Family 4-Pack of tickets to the Oakland Ballers game on Friday, August 2, vs. the Northern Colorado Owlz.
Matt Chapman homered and drove in three runs and the Giants hit a season-high 10 doubles to rout the Dodgers 10-4 on Sunday.
Brandon Pfaadt pitched six innings of one-run, ball helping the Diamondbacks beat the Oakland A's 5-1 on Sunday.
An elderly woman died of her injuries after being pushed into an oncoming BART train in San Francisco Monday night and a suspect was arrested, the transit agency said.
Oakland police are investigating two homicides from Saturday evening and early Monday morning.
Police arrested a man suspected in two armed robberies within minutes of each other Sunday in San Mateo County.
Police in San Jose on Monday confirmed four additional arrests in connection with violent sideshow activity near Santana Row last month that injured two people including a responding officer, according to authorities.
Richmond police say a man wanted for a June homicide on Richmond Parkway was arrested in Nebraska last week.
Some critics believe the rapid rise of artificial intelligence is going to pose a major energy problem for the future.
National data shows the number of hospice patients in the U.S. is growing so fast that there aren't enough chaplains to provide patients with the spiritual care they're looking for at the end of their lives.
Robotaxi service Waymo on Tuesday announced its autonomous vehicles would be available for rides to anyone in San Francisco who downloads the company's app.
General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license.
Tesla has been ordered to correct ongoing air quality violations at its electric vehicle manufacturing plant in Fremont, regulators said Tuesday.
With an mpox (aka monkeypox) outbreak ongoing in Africa, global health experts are warning people at higher risk of contracting the virus to take precautions.
Cones, chocolate bars and gummies sold nationwide found to contain toxic levels of chemical found in some mushrooms.
Personal protective equipment will be distributed to dairy and poultry farmworkers in San Mateo County to protect against the H5N1 virus, county health officials said Wednesday.
National data shows the number of hospice patients in the U.S. is growing so fast that there aren't enough chaplains to provide patients with the spiritual care they're looking for at the end of their lives.
Almost 400 water systems serving nearly a million Californians don't meet state requirements for safe and reliable drinking water supplies.
It's a welcome number for the candidate, who caused widespread concern among Democrats after his debate performance
Contra Costa County will see its highest tax assessment roll in its history in 2024-25, the county said Monday.
Former President Donald Trump is trying to overturn his recent felony conviction in the New York "hush money" criminal case.
The Supreme Court's landmark decision ruled that Trump is immune from prosecution for official acts he took while in office.
The Supreme Court on Monday ruled that former President Donald Trump is entitled to immunity from federal prosecution for official actions he took while in office.
Public health officials came armed with a serious message for Pride Month: Get vaccinated against mpox.
Thousands of people gathered on Sunday in downtown San Francisco to celebrate the annual Pride Parade supporting the LGBTQ community.
The colorful festivities of the 2024 San Francisco Pride Parade were featured as part of the CBS SF special "Hope Love Pride -- A Celebration" being streamed and broadcast Sunday morning.
San Francisco's Civic Center Plaza became a colorful, upbeat festival hub Saturday on the final weekend of Pride Month in the city
Amid calls to bow out, a defiant President Biden is digging in, holding campaign events and fundraisers this weekend in New York and New Jersey. Taurean Small reports.
Los Angeles-based all-female Sabbath cover act Black Sabbitch brings their uncanny recreation of the British heavy metal pioneers to the Rickshaw Stop in San Francisco this Saturday.
The colorful festivities of the 2024 San Francisco Pride Parade were featured as part of the CBS SF special "Hope Love Pride -- A Celebration" being streamed and broadcast Sunday morning.
A band whose literally incendiary live show has earned them a reputation as a can't miss act, masked instrumental surf outfit Daikaiju returns to the Bay Area Thursday for an afternoon Fourth of July show at the Ivy Room.
Pride month activities in San Francisco culminate this weekend with the SF Pride Parade and Celebration taking over Market Street and Civic Center Plaza.
The Stern Grove Festival continued its 87th season of free concerts at San Francisco's Sigmund Stern Grove Sunday afternoon but you didn't have to have a ticket to enjoy the music live.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Tuesday 7 a.m. news update from KPIX
Jessica Burch shows the extent of the prolonged heat wave hitting the Bay Area this week. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Captain Jonathan Baxter with the San Francisco Fire Department joins to discuss how the team is preparing for the Fourth of July and battling the heat. (07-02-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Kelsi Thorud reports on the high temperatures expected in the South Bay. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Max Darrow reports on an unusual property in San Francisco Bay that is on the real estate market.
More than three million people in the US live with epilepsy, according to the CDC. One Santa Rosa filmmaker is working to make sure they are seen and heard.
A San Pablo no-kill shelter that's considered a last resort for animals is scrambling to find an affordable new home quickly.
A San Francisco man has helped his nonprofit take fundraising to the next level so that more underserved children can build life skills while playing sports.
Being in the foster care system can be tough for children, and it often doesn't become easier once they age out. But there are people trying to help them succeed.
A Mill Valley man known for his public art projects that bring his neighbors together is being honored for providing gifts to his community.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.