How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Watch CBS News
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Housing affordability is improving as more homeowners list their properties, according to data from Zillow.
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
A New York Times piece published last week takes a look at the hidden costs of downsizing, including higher interest rates and unexpected factors in a changing real estate market. Claire Wolters, the author of the story, joined CBS News to discuss.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
There are four metro areas across the U.S. where the median cost for a mansion is less than $1 million.
A recent Harvard University study found the median home price of nearly $400,000 is almost five times the average income, but three times is considered affordable -- a ratio that has skewed sharply since COVID-19. Kelly O'Grady reports.
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
In May, there were 34% more sellers than buyers nationally, according to the real estate company Redfin. That is the highest rate since Redfin started gathering data in 2013. Kelly O'Grady reports.
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the housing market.
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
Real estate giant Compass is suing the digital home-buyer marketplace Zillow over what it's calling the "Zillow ban." James Rodriguez, a real estate reporter for Business Insider, breaks down the dispute.
Real estate company Compass claims Zillow is illegally undermining competition by banning property listings if they don't appear on Zillow within 24 hours.
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
Home sellers take note: The color of your kitchen and bedroom could boost your home's sale price.
A Maryland real estate company had an extraordinary surprise for its employees at its holiday party this year. Small envelopes revealed that St. John Properties gave its workers $10 million, divided among them. Everyone got a bonus, from maintenance workers to receptionists to vice presidents. The average award was $50,000, and the highest was $270,000, based on how long they'd all been working there. The bonus was for meeting a massive expansion goal.
Luke Burbank talks with Baron Chu, a broker of burial plots, and visits the Hollywood Forever Cemetery in Hollywood, Calif., where pricey chunks of real estate are sold to starry-eyed customers seeking status and a view, from six feet under. (This story originally aired on April 15, 2018)
It's the centerpiece of the largest and most expensive private real estate development in American history: "Vessel," a 150-foot-tall sculpture in the middle of Hudson Yards, a new 16-building complex on the West Side of Manhattan. The honeycombed flight of fancy, made of 154 flights of stairs, was conceived by 49- year-old British designer Thomas Heatherwick, who has put his stamp on some of the most provocative buildings and public projects around the world. Anthony Mason reports.
More than 6,300 children under 18 – almost all with no criminal record – have been detained by federal immigration authorities during President Trump's second term, with nearly half held at the Dilley Immigration Processing Center in Texas.
President Trump recently held a meeting with key advisers to hammer out a "final determination" on a potential deal with Iran, but no word has come on a decision.
A Laos rescue organization said that the water level inside the cave had receded enough for the four miners to leave with divers.
A new Colombian president could be elected Sunday, but the election is likely to head to a runoff in June.
The WHO said these five cases exemplify that recovery from the illness is possible, even without approved treatments or vaccines.
DHS issued a new statement portraying the green card guidance in far less sweeping ways, arguing the memo issued last week restated "longstanding law and policy."
The wife of Democratic Maine Senate candidate Graham Platner told his campaign in 2025 about sexual messages he had sent to other women.
NASA said the energy released when the meteor broke up was equivalent to about 300 tons of TNT.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
More than 6,300 children under 18 – almost all with no criminal record – have been detained by federal immigration authorities during President Trump's second term, with nearly half held at the Dilley Immigration Processing Center in Texas.
The former first lady writes of her four years in the White House, her advocacy, and the challenges facing the Biden presidency, from the COVID pandemic and the January 6 insurrection, to the president's health.
Beneath the Lincoln Memorial is one of Washington's best-kept secrets: the Undercroft, a soaring 50,000-square-foot foundation built to keep the landmark from sinking into D.C.'s swampy ground. Now home to a museum, the public is being invited to visit underground.
Renard Spivey says he was trying to protect himself when he says his wife Patricia confronted him at gunpoint in their Houston home.
The escaped inmates were being held on various charges, including murder and first-degree robbery.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
Southwest is walking back some recent changes in its policies for passengers who require a second seat.
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
The department said it is preparing for the banknote in response to legislation proposed last year.
The following is the full transcript of the interview with Ukrainian President Volodymyr Zelenskyy, a portion of which aired on "Face the Nation with Margaret Brennan" on May 31, 2026. The interview was taped on May 29, 2026.
The following is the full transcript of the interview with Cindy McCain, executive director of the U.N. World Food Programme, a portion of which aired on "Face the Nation with Margaret Brennan" on May 31, 2026. The interview was taped on May 29, 2026.
U.S. Rep. Seth Moulton, a moderate Massachusetts Democrat, secured enough delegate support Saturday to appear on the state's primary ballot as he challenges incumbent Sen. Ed Markey.
Freedom 250, the organization behind the event, said Saturday that President Trump will kick off the event on June 24 in an opening ceremony.
The wife of Democratic Maine Senate candidate Graham Platner told his campaign in 2025 about sexual messages he had sent to other women.
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Infectious disease specialists say the viruses are unlikely to become pandemics, but some are still raising concerns about the federal health response.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
The WHO said these five cases exemplify that recovery from the illness is possible, even without approved treatments or vaccines.
The following is the full transcript of the interview with Ukrainian President Volodymyr Zelenskyy, a portion of which aired on "Face the Nation with Margaret Brennan" on May 31, 2026. The interview was taped on May 29, 2026.
The following is the full transcript of the interview with Cindy McCain, executive director of the U.N. World Food Programme, a portion of which aired on "Face the Nation with Margaret Brennan" on May 31, 2026. The interview was taped on May 29, 2026.
The health organization said latest official figures showed 906 suspected cases and 223 suspected deaths.
A new Colombian president could be elected Sunday, but the election is likely to head to a runoff in June.
"Sunday Morning" remembers some of the notable figures who left us this week, including legendary jazz saxophonist Sonny Rollins.
She was, and remains, one of cinema's most brilliant stars. Norma Jeane Baker, known to the world as Marilyn Monroe, died in 1962 at age 36, but she left a legacy of classic films, fashion, and a carefully-crafted celebrity image.
She was, and remains, one of cinema's most brilliant stars. Norma Jeane Baker, known to the world as Marilyn Monroe, died in 1962 at age 36, but she left a legacy of classic films, fashion, and a carefully-crafted celebrity image. To mark the centenary of her birth, the Academy Museum of Motion Pictures is launching an exhibition, "Marilyn Monroe: Hollywood Icon." Correspondent Tracy Smith talks with those studying the sex symbol's life and career, and those who are preserving her film persona.
Four more miners in Laos were freed from the cave they were trapped in for 10 days, while 2 remain missing, rescuers say. Meanwhile, uncertainty remains over an Iran ceasefire.
Peter Frampton, a multi-Grammy Award-winning guitarist and rock legend sits down with "CBS Saturday Morning" ahead of his Saturday Sessions performance to discuss his first original album in 16 years and the challenges that helped shape it.
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Dating apps are matching up with artificial intelligence as romance-seekers demand new ways to find love. Venture capitalist Matt Shumer joins "CBS Mornings" with more details.
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.
Pope Leo has released the first encyclical of his papacy, focusing on humanity and, in part, warning of the risks posed by the growing use of artificial intelligence. The message comes amid growing dissent among young people over AI. Nicholas Thompson, CEO of The Atlantic, joins to discuss.
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
A TV bailiff accused of murdering his wife is determined to prove his innocence. "48 Hours" correspondent Natalie Morales reports.
Renard Spivey says he was trying to protect himself when he says his wife Patricia confronted him at gunpoint in their Houston home.
In California, voters across the state head to the polls next week to choose new leaders. In Los Angeles, the race for mayor is hotly contested, and so is the issue of crime. Adam Yamaguchi is there with more.
Former Attorney General Pam Bondi was heckled by Epstein abuse survivors before she entered a closed-door interview to testify for House Oversight Committee members about the Justice Department's Epstein probe. CBS News' Jake Rosen reports.
Former Attorney General Pam Bondi is testifying privately before members of the House Oversight Committee on the botched Justice Department rollout of the Epstein files. CBS News' Caitlin Huey-Burns reports.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Last September, David White retired after 33 years in education, the last 15 as principal of the Burgess-Peterson Academy in Atlanta. But retirement didn't sit well with him, and so he applied for a position at his old school, one further down the ladder than his last one. Steve Hartman reports on someone for whom no job – like cleaning gutters – is too small.
More than 6,300 children under 18 – some as young as two months old, and almost all with no criminal record – have been arrested by federal immigration authorities during President Trump's second term. Nearly half have been detained by ICE at the Dilley Immigration Processing Center outside San Antonio. "Sunday Morning" correspondent Jim Axelrod talks with a family that was held at Dilley for almost four months; and with Rep. Joaquin Castro, who is calling for Dilley to be shut down due to inhumane conditions, charges the Trump administration denies.
"Sunday Morning" remembers some of the notable figures who left us this week, including legendary jazz saxophonist Sonny Rollins.
Professional pickleball is America's fastest-growing sport, and its biggest star is Anna Leigh Waters. Correspondent Jonathan Vigliotti talks with the 19-year-old, whom many call the greatest pickleball player of all time.
For more than a century, one of Washington's best-kept secrets lay beneath the Lincoln Memorial: the Undercroft, a soaring 50,000-square-foot foundation built to keep the landmark from sinking into D.C.'s swampy ground. Beginning in June, the public will be able to visit the space, now with a museum tracing the memorial's history, from its construction to its role as a powerful stage for the civil rights movement. Correspondent Faith Salie goes underground.