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New homes are getting smaller. Here's what homebuyers can expect.
A larger stock of smaller homes could mean more budget-friendly options for buyers.
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A larger stock of smaller homes could mean more budget-friendly options for buyers.
Sales of new single-family homes dropped by 11.3% in May, according to a new report from the U.S. Commerce Department, and the National Association of Realtors says home contract signings have hit a record low. Daryl Fairweather, chief economist for Redfin, joined CBS News to discuss the drop in sales.
Millions of Americans are being priced out of home ownership, according to a new study by the Harvard Joint Center for Housing Studies. Chris Herbert, managing editor with the center, joins CBS News with more details on the research.
Millions of U.S. homeowners are spending more than 30% of their monthly income on housing. Here are the hardest hit states.
Four major cities in California were included in a Chapman University study of housing affordability around the world.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
As home prices nationwide continue to climb, the federal government is looking into a recent spike in upfront costs associated with buying a house.
According to the latest data from the National Association of Realtors, the home sales index showed a slump in April. Brianna Crane, a real estate reporter for Axios, joins CBS News with more details for potential homebuyers.
Home sales appear to have fallen in April, according to new data from the National Association of Realtors. CBS News business analyst Jill Schlesinger breaks down the current trends in the real estate market.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.
New Consumer Price Index data indicates inflation slightly slowed in April, but certain costs of living, like gas prices and shelter, are still increasing. CBS News senior business and technology correspondent Jo Ling Kent reports.
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.
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.
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
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.
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
Some financial experts expect mortgage rates to decline gradually over the coming months. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News with the data behind this projection.
Will mortgage rates drop and home prices finally fall in 2024? Chen Zhao, who leads the economics team at Redfin, shares some early predictions for the housing market in 2024.
Sky-high mortgage rates that scared off some potential home-buyers this year are slowly starting to drop. Rates are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief financial analyst at Bankrate, joined CBS News to discuss how much lower rates might go.
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.
An end to the interest rate hike cycle may be in sight with inflation cooling. Al Root, a senior writer at Barron's, breaks down how the rate hike pause could positively impact your retirement savings plans.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
Homeowners spent a median $22,000 on renovations last year, a sharp increase from the $14,000 spent in 2018.
Former President Donald Trump looked on Tuesday night as his onetime rivals for the nomination lined up to support him.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
The FBI is investigating whether the shooter was a politically motivated homegrown domestic violent extremist, and investigators are combing through his background.
U.S. intelligence recently detected an Iranian plot against former President Donald Trump, two U.S. officials tell CBS News.
Former U.N. Ambassador Nikki Haley and Florida Gov. Ron DeSantis endorsed former President Donald Trump at the Republican National Convention in Milwaukee.
Naomi Pomeroy, an award-winning chef who helped put Portland on the map as a culinary destination, was 49 years old.
Mayor Anne Hidalgo declare the Seine river "exquisite" after taking a long-promised dip to show its water is safe for the Paris Olympics.
Britain's King Charles III donned a ceremonial crown and robe to give a speech opening the U.K.'s first left-leaning parliament in 14 years.
The armorer on Alec Baldwin movie "Rust" filed to have her involuntary manslaughter conviction overturned, days after Baldwin's trial over a fatal on-set shooting collapsed due to withheld evidence.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Here's how much EssilorLuxottica is paying for Supreme, the skate brand with a cult following.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
Federal transportation officials say $5 billion will be devoted to replacing or improving aging bridges in 16 states.
Caitlyn Mai underwent cochlear implant surgery with her insurer's approval, expecting it would be covered in full. Then she started getting the bills.
Here's how much EssilorLuxottica is paying for Supreme, the skate brand with a cult following.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
Caitlyn Mai underwent cochlear implant surgery with her insurer's approval, expecting it would be covered in full. Then she started getting the bills.
Gambling ends and the doors close Wednesday at The Mirage, which changed the face of Las Vegas. It's slated to resurface in 2027 as the Hard Rock Las Vegas.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Former President Donald Trump looked on Tuesday night as his onetime rivals for the nomination lined up to support him.
Thousands of officers from multiple jurisdictions are in Milwaukee providing additional security for the convention.
Former U.N. Ambassador Nikki Haley and Florida Gov. Ron DeSantis endorsed former President Donald Trump at the Republican National Convention in Milwaukee.
"Donald Trump has my strong endorsement," Nikki Haley said in her speech at the Republican National Convention on the second night of the RNC.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
Caitlyn Mai underwent cochlear implant surgery with her insurer's approval, expecting it would be covered in full. Then she started getting the bills.
Amazon's Prime Day, which generated $12.7 billion in sales in 2023, can also lead to more worker injuries, a Senate probe finds.
A new rankings list from U.S. News & World Report aims to highlight the top ranked hospitals for different specialized care needs, from cancer to cardiology.
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."
Britain's King Charles III donned a ceremonial crown and robe to give a speech opening the U.K.'s first left-leaning parliament in 14 years.
President Santiago Peña said the record discovery, code-named "Operation Sweetness," added to a string of "very sad episodes" in Paraguay.
Mayor Anne Hidalgo declare the Seine river "exquisite" after taking a long-promised dip to show its water is safe for the Paris Olympics.
Officials say traces of cyanide were found on 6 people found dead in a Bangkok hotel, with one suspected of murdering the others.
Two U.S. officials say U.S. Central Command has recommended the military permanently dismantle the pier run by the U.S. military to get aid into Gaza amidst the Israel-Hamas war.
The armorer on Alec Baldwin movie "Rust" filed to have her involuntary manslaughter conviction overturned, days after Baldwin's trial over a fatal on-set shooting collapsed due to withheld evidence.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Season 26 of the CBS reality TV show "Big Brother" premieres on Wednesday. Sixteen new house guests will compete and strategize to evict one of their own each week to try and be the last person standing. The prize is $750,000. "Entertainment Tonight" host Nischelle Turner visited the house and even entered a one-day competition.
"90210" stars like Jennie Garth and Brian Austin Green paid tribute, and Alyssa Milano commented on her "complicated relationship" with Shannen Doherty.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
Apple users can now download an early version of a new iPhone operating system that will be officially released this fall.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
AT&T on Friday disclosed that hackers had accessed records of calls and texts of "nearly all" its cellular customers for a six-month period between May 1, 2022, and Oct. 31, 2022. Jo Ling Kent reports.
AT&T disclosed yet another major data breach on Friday. The company said a third party illegally downloaded call and text records for nearly all its 109 million customers with accounts between May and October 2022. CBS News senior business and technology correspondent Jo Ling Kent is following this story.
The melting of glaciers and polar ice sheets causes water to move closer to the equator, fattening the planet and slowing its rotation, according to a recent study.
Spade-toothed whales are the world's rarest, with no live sightings ever recorded. Until, perhaps, now. One may have washed up onto a New Zealand beach.
Symptoms among the new bird flu cases included "fever, chills, coughing and sore throat/runny nose," alongside pink eye and eye tearing, a CDC spokesperson confirmed Monday.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
The 2024 Atlantic hurricane season got off to a deadly start as Hurricane Beryl tore across the Caribbean, Mexico and eventually the U.S.
President Santiago Peña said the record discovery, code-named "Operation Sweetness," added to a string of "very sad episodes" in Paraguay.
The armorer on Alec Baldwin movie "Rust" filed to have her involuntary manslaughter conviction overturned, days after Baldwin's trial over a fatal on-set shooting collapsed due to withheld evidence.
Officials say traces of cyanide were found on 6 people found dead in a Bangkok hotel, with one suspected of murdering the others.
The alleged leader of a violent extremist group plotted to poison children and minorities in New York City, authorities said Tuesday.
Three snipers from local law enforcement were inside the building former President Trump's would-be assassin fired from, and one of them had spotted him outside on three separate occasions prior to the shooting. The sniper took a picture of the gunman nearly 30 minutes before the shooting, when he saw he had a rangefinder. Meg Oliver has more on the investigation.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
It has been two years since NASA's James Webb telescope gave us a stunning first look at the depth of our universe. To commemorate the achievement, NASA has released new images showing two distant galaxies interacting with each other. Jane Rigby, astrophysicist and a senior project scientist for the Webb telescope at NASA, joins CBS News to discuss.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
SpaceX's Falcon 9 rocket suffered a catastrophic engine failure as it launched a batch of Starlink satellites into orbit Thursday night, the first time in nearly a decade the rocket has failed. CBS News space consultant Bill Harwood has more on that and the latest images from the James Webb Space Telescope.
The engine failure blamed for stranding 20 Starlink satellites in a low, non-survivable orbit was caused by a liquid oxygen leak.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
In 2020, Scott Pelley reported on the investigation into the downing of Malaysia Airlines Flight 17. The passenger jet was shot down over Ukraine in 2014, killing 298 people. In 2022, a Dutch court found two Russians and one Ukrainian guilty for the shootdown and murder of the passengers and crew.
Lara Trump, who is the co-chair of the Republican National Committee, and is married to former President Donald Trump's son Eric, spoke Tuesday night at the 2024 Republican National Convention. She said she had a "very different" speech planned, but rewrote it in the wake of the attempted assassination of her father-in-law. "Nothing prepares you for a moment like that," she said.
Sen. Marco Rubio of Florida, a top contender for former President Donald Trump's 2024 vice presidential pick, who ultimately wasn't selected, delivered an impassioned speech Tuesday night at the Republican National Convention, arguing for Trump's "America first" agenda. "It is time to put our country and our people first again," Rubio said.
Arkansas Gov. Sarah Huckabee Sanders took the stage on the second night of the Republican National Convention to talk about former President Donald Trump's character, recalling memories from her time as White House press secretary during his administration. She began her speech by addressing the attempted assassination of Trump, saying "not even an assassin's bullet could stop him," then taking a jab at President Biden's age.
The 2024 Republican National Convention is already making its fair share of headlines. CBS News chief political analyst John Dickerson takes a look back at the GOP conventions of elections past, and the defining moments spanning administrations.