Built-to-rent communities are a rising U.S. housing market trend
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
With home prices and interest rates remaining stubbornly high, many people who believe they will never be able to afford a home are turning to built-to-rent communities. Kris Van Cleave explains.
Due to a nationwide shortage, many prospective homeowners have been unable to get into the home of their dreams. A growing nationwide coalition of pro-housing advocates part of the "YIMBY" movement believe more building density can solve the problem. Ash-har Quraishi explains.
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
Only one-third of American families can afford a starter home in just 10 of the 100 largest cities in the U.S., CBS News found.
Americans are increasingly unable to afford starter homes in many cities across the U.S. Among the problems, there's a shortage of about 5 million homes for sale or rent, and that's driving up prices. Mark Strassmann reports on the crisis and what's being done to try to fix it.
The cost of insuring your home is going up, and some homes are "essentially uninsurable" due to rising climate change risks. In Nebraska, the most expensive state for premiums, the cost is nearly $3,400 above the national average to insure a home. And it's all happening as extreme weather events increase in frequency and intensity, jeopardizing people's homes and their ability to financially recover afterward.
As climate change whips up wilder weather, more Americans must deal with "hazards they have not faced in the past," expert says.
In California, we look into efforts to deal with squatters illegally dwelling on other people’s property. Then, we explore the growing Land Back movement which aims to reconnect indigenous people with their ancestral land. Watch these stories and more on Eye on America with host Michelle Miller.
Zombie debt refers to long-forgotten or old debts that resurface, often with accumulated interest and fees, threatening the financial stability of unsuspecting homeowners and sometimes leading to foreclosures. CBS News national consumer correspondent Ash-har Quraishi reports.
Teresa modified her home mortgage back in 2009 during the financial crisis, and thought she was making payments on her second mortgage every month. She's discovered she's overdue on thousands of payments for this "zombie debt," and fears losing her home.
Jose Arzate of Santa Maria, California, says he was taken by surprise when sheriff's deputies evicted him. He says he never knew he owed tens of thousands of dollars in "zombie mortgage" debt.
Laverne Simmons of Inglewood, California, says she never got bills for a decade-old debt. Now this "zombie mortgage" could cost her the home she loves.
With meteorologists predicting an above normal hurricane season, here's what residential construction experts say you can do to harden your home.
Heavy flooding has inundated several parts of Minnesota over the past two weeks. However, a vast majority of Minnesotans lack flood insurance, leaving some with extensive property loss and an uncertain future. Tom Hanson reports.
Some Minnesota homeowners have lost everything in this week's severe flooding and more rain remains in the forecast. Tom Hanson has more.
New anti-squatting laws in several states are giving more power back to homeowners, but the issue persists.
"Squatters' rights" laws often protect those who are illegally occupying a property. Carter Evans shows who some property owners are turning to when the law is no help.
Squatters' rights go back to the British legal system, but good intentions have led to some modern-day nightmares.
Squatters' rights were designed to make sure vacant property didn't go to waste, but many property owners say the laws are hurting them and preventing them from clearing out their own land. Carter Evans takes a look at what's being done about the issue.
As U.S. home prices remain stubbornly high and many parts of the nation are seeing more extreme weather, homeowner insurance premiums have spiked in response. Jo Ling Kent has more.
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 National Association of Realtors' agreement to resolve all claims against the group by home sellers related to broker commission may lead to homeowners paying a lot less to sell their homes. Tomasz Piskorski, a professor at Columbia Business School, joins CBS News with more.
State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer, nine months after announcing it wouldn't issue new home policies there.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
The president was responding to a joke made at a Trump rally by comedian Tony Hinchcliffe in which Hinchcliffe called Puerto Rico a "floating island of garbage."
Vice President Kamala Harris delivered remarks at the same spot Trump inspired his supporters to march to the Capitol on Jan. 6, 2021.
Seven days before Election Day, former President Donald Trump is campaigning in Pennsylvania while Vice President Kamala Harris gives a closing argument for her campaign. I will work with everyone —Democrats, Republicans, and Independents—to help Americans who are working hard and still struggling to get ahead.
The man who was convicted in the 2022 attack on the husband of House Speaker Emerita Nancy Pelosi was sentenced to life in prison without the possibility of parole Tuesday following his state trial.
Robert F. Kennedy suspended his longshot presidential campaign in August and endorsed former President Donald Trump.
Two ballot boxes went up in flames early Monday morning in Portland, Oregon, and Vancouver, Washington, in incidents that authorities believe are connected.
The dispensers were one of about a dozen spare parts for which Boeing overcharged the Air Force, according to the Pentagon inspector general report.
The Runbeck Election Services facility in Phoenix will print about 35 million ballots for eight states this election.
A look at Kamala Harris and Donald Trump's stances on health care and what they've said about health care policy going into 2024 presidential election.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
Biden was responding to a joke made at a Trump rally by comedian Tony Hinchcliffe, in which Hinchcliffe called Puerto Rico a "floating island of garbage."
He made threatening phone calls just over a week before former President Donald Trump and 18 others were indicted in Fulton County in August 2023.
The Runbeck Election Services facility in Phoenix will print about 35 million ballots for eight states this election.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.
Spirit Halloween's success as a seasonal pop-up retailer is leading it to make a foray into Christmas with 10 temporary stores.
Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.
Recalled products were sent to distributors in 35 states and sold on Amazon, Dynarex said in notice posted by FDA.
A look at Kamala Harris and Donald Trump's stances on health care and what they've said about health care policy going into 2024 presidential election.
Biden was responding to a joke made at a Trump rally by comedian Tony Hinchcliffe, in which Hinchcliffe called Puerto Rico a "floating island of garbage."
He made threatening phone calls just over a week before former President Donald Trump and 18 others were indicted in Fulton County in August 2023.
The Runbeck Election Services facility in Phoenix will print about 35 million ballots for eight states this election.
Vice President Kamala Harris delivered remarks at the same spot Trump inspired his supporters to march to the Capitol on Jan. 6, 2021.
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.
Recalled products were sent to distributors in 35 states and sold on Amazon, Dynarex said in notice posted by FDA.
The middle-aged Iowa resident had recently returned from travel to West Africa, where it is believed they contracted the virus.
As the year wraps up, it might be a good time to book that doctor's visit before deductibles reset. CBS chief medical correspondent Dr. Jon LaPook shares how to make each appointment with your physician truly count.
Transplant experts are seeing a spike in people revoking organ donor registrations after reports that organs were nearly retrieved from a Kentucky man mistakenly declared dead.
Radio host Mauricio Cruz Solis was a "source of inspiration and a tireless voice in the service of our community," the station said.
Australian police say they recovered more than 40,000 stolen limited-edition coins based on the hit children's animated series "Bluey."
Spanish authorities say dozens of people have died in flash flooding that is the worst natural disaster to hit the European nation in recent memory.
A new crew of three Chinese astronauts including the country's only woman spaceflight engineer entered the Tiangong space station following an early morning launch into orbit.
A teen accused of killing three girls in England is charged with producing the poison ricin and faces a terror offense for having a jihadi training manual.
Oscar-nominated actress Teri Garr, best known for her comic turns in "Young Frankenstein" and "Tootsie," died on Tuesday, October 29, 2024, at age 79. In this "Sunday Morning" profile originally broadcast on December 4, 2005, Garr talked with correspondent Rita Braver about her autobiography, "Speedbumps"; how she advanced from dancing in the background of Elvis Presley movies to starring roles (she was, admittedly, up-front about lying on her resume); and how it became harder for her to find acting jobs following a diagnosis of multiple sclerosis.
Teri Garr rose from being a background dancer in Elvis Presley movies to co-star in such favorites as "Young Frankenstein" and "Tootsie."
In today's "Mornings Memory," we revisit Taylor Swift's 2014 interview with Gayle King, where she shared insights into her life and career just as her stardom skyrocketed.
Stand-up comedian Sindhu Vee stars in the new TV series about an Indian family navigating life and neighborhood drama in America. Vee joins "CBS Mornings Plus" to discuss her role.
Opera Philadelphia is lowering ticket prices to make opera more relevant and accessible. The move is drawing in some first-time audiences and boosting revenue. Scott MacFarlane goes backstage to explore this innovative strategy.
While scam phone calls have slightly decreased in the last three years, scam texts have tripled. A consumer report found that phone companies need to do more to prevent robocalls and texts for customers. CBS News correspondent Nancy Chen has more.
The Washington Post is reporting that a group of hackers linked to the Chinese government collected audio recordings from phone calls of American political figures, including an unnamed Donald Trump campaign adviser. The report comes days after CBS News learned the same hacking group tried to access phones and networks used by the former president, Sen. JD Vance and members of Kamala Harris' campaign. Chris Krebs, former director of the Cybersecurity and Infrastructure Security Agency, joins CBS News with analysis.
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.
These are the Apple Intelligence features that are now available on compatible devices.
Your iPhone could become a whole lot smarter Monday with the launch of Apple Intelligence, introducing a slew of AI features on eligible devices. CNET editor-at-large Bridget Carey joined CBS News to discuss the new features.
A new crew of three Chinese astronauts including the country's only woman spaceflight engineer entered the Tiangong space station following an early morning launch into orbit.
The economy remains one of the top concerns for voters just a week out from Election Day, but there's a major factor that experts say could cause significant harm to it: climate change. One study found that not limiting global temperature rise could cost $551 trillion, roughly 19 times the size of the entire U.S. economy.
Neil deGrasse Tyson explores the cosmos in his new book, "Merlin's Tour of the Universe," where he answers readers' questions on galaxies, black holes and more. He joins "CBS Mornings" to share more his cosmic journey.
Greenhouse gas concentrations in the atmosphere reached record highs in 2023, the U.N. warned, with countries falling "miles short" of what is needed to curb devastating global warming.
In parts of the U.S., it's been spooky warm, with some places setting records for heat. As we get ready for Halloween, CBS News national environmental correspondent David Schechter has been taking a closer look at these records and how climate change is heating up trick or treating.
Radio host Mauricio Cruz Solis was a "source of inspiration and a tireless voice in the service of our community," the station said.
Juliana Peres Magalhães pleaded guilty to manslaughter on Tuesday in what prosecutors say was an elaborate double-murder scheme to frame a man in the stabbing of Christine Banfield.
The man who was convicted in the 2022 attack on the husband of House Speaker Emerita Nancy Pelosi was sentenced to life in prison without the possibility of parole Tuesday following his state trial.
The multinational cocaine and cannabis trafficking enterprise was busted after investigators cracked encrypted messaging apps.
Former Columbus officer Adam Coy said he rolled over Andre Hill's body, saw a pile of keys and realized there was no gun.
NASA says three NASA astronauts and one Russian cosmonaut were taken to a medical facility for additional evaluation after splashing down to Earth Friday morning in the SpaceX Dragon Capsule. Derrick Pitts, chief astronomer at the Franklin Institute, joined CBS News to discuss the mission.
Three NASA astronauts and a Russian cosmonaut returned to Earth early Friday in the SpaceX Crew Dragon capsule Endeavour, capping a record-setting 235-day mission to the International Space Station. CBS News space analyst Bill Harwood has more.
The Crew Dragon splashed down in the Gulf of Mexico a month later than planned, setting a SpaceX endurance record in the process.
Four huge asteroids — and a fifth that's much smaller — are passing Earth on Thursday in their closest approaches to the planet ever recorded.
Spending a month longer than planned aboard the ISS, three NASA astronauts and a Russian cosmonaut are finally headed home.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
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.
Oscar-nominated actress Teri Garr, best known for her comic turns in "Young Frankenstein" and "Tootsie," died on Tuesday, October 29, 2024, at age 79. In this "Sunday Morning" profile originally broadcast on December 4, 2005, Garr talked with correspondent Rita Braver about her autobiography, "Speedbumps"; how she advanced from dancing in the background of Elvis Presley movies to starring roles (she was, admittedly, up-front about lying on her resume); and how it became harder for her to find acting jobs following a diagnosis of multiple sclerosis.
While scam phone calls have slightly decreased in the last three years, scam texts have tripled. A consumer report found that phone companies need to do more to prevent robocalls and texts for customers. CBS News correspondent Nancy Chen has more.
Vice President Kamala Harris is struggling to win the support of Arab and Muslim voters in Michigan. Four of them who voted for President Biden in 2020 explain why they will not vote for Harris on Election Day. CBS News senior White House and political correspondent Ed O'Keefe has more.
The Hamas-run Gaza Health Ministry said dozens of Palestinians were killed or missing after an Israeli airstrike hit a building where displaced families were sheltering Tuesday. CBS News senior foreign correspondent Holly Williams reports.
Vice President Kamala Harris on Tuesday gave her "closing argument" speech at the Ellipse in Washington, D.C., a week before Election Day, the same park where former President Donald Trump spoke on Jan. 6, 2021, ahead of the Capitol insurrection. Meanwhile, Trump also held a rally in Allentown, Pennsylvania. CBS News chief White House correspondent Nancy Cordes reports.