A record number of homes are now worth $1 million or more

Real estate prices surged during the pandemic, with 1 in 12 homes now worth at least $1 million, a new analysis finds.

• Mar 14, 2022

Asking price for typical U.S. home nears $400,000, a record high

First-time buyers face "challenging conditions" and affordability concerns, a real estate economist said.

• Mar 3, 2022

For most Americans, owning a home is now a distant dream

As housing prices soar, owning a home in the U.S. "is a signifier of the upper class now," one real estate economist says.

• Feb 22, 2022

A lost check and a found purpose

Many homeless people are haunted by drug addiction, mental illness or a criminal past. Elmer Alvarez knows those demons all too well. But when he found a check for $10,000, he knew he had to track down the woman it belonged to. Now, they’re teaming up to help others. Steve Hartman has their story "On The Road."

• Jan 4, 2019
• 02:50

Preserving the Thain Family Forest

A small, old-growth forest found inside the New York Botanical Garden is one of the last remnants of what New York was like before New York City existed. It's survived everything from war to farming to real estate development. Now, it now faces a new threat. Michael George has more.

• Jan 15, 2022
• 05:04

Zillow projects increase in home prices next year

On the heels of a hot housing market in 2021, Zillow says it expects home prices to increase 11% in 2022. Kunal Lunawat, managing partner and co-founder of real estate technology-focused fund Agya Ventures, joins CBSN's Elise Preston to discuss.

• Dec 22, 2021
• 04:00

Climate change impacts Great Lakes coastline

It's not just the U.S. coasts experiencing climate change. Communities along the shores of the Great Lakes are seeing it too. Ben Tracy has more for CBS News' series Eye on America.

• Sep 30, 2021
• 03:03

The 10 top housing markets of 2022: Think Boise, not Big Apple

The hottest real-estate markets next year are likely to be smaller cities with greater affordability, Realtor.com says.

• Dec 7, 2021

U.S. in need of 2.2 million construction workers

The nationwide shortage of homes for sale is being driven, in part, by a severe shortage of builders. The construction industry says more than 2 million new workers will be needed over the next three years to meet demand. Mark Strassmann takes a look.

• Dec 2, 2021
• 02:01

The full episode of the CBS Evening News from December 26, 2013

The first indication of how much Americans spent on holiday shopping shows lower-than-expected figures. According to MasterCard SpendingPulse, retail shopping was up 2.3 percent, less than the 3.9 percent the National Retail Federation projected; and, Chicken farmer and romance novelist Catherine Elliott's latest works are aimed at a new audience: chickens.

• Dec 26, 2013
• 18:24

Zillow to cut 25% of staff as it closes house-flipping service

CEO concedes that forecasting housing prices is much harder than the real estate firm expected.

• Nov 2, 2021

How coronavirus affects the housing market

The housing market has taken a hit since the start of the coronavirus pandemic, but there is hope now that some states are reopening. Jonathan Vigliotti takes a look.

• Jun 21, 2020
• 02:07

Infrastructure risk: Floods could wipe out 25% of U.S. roads

Roads, hospitals, water treatment plants also in danger of becoming inoperable. "It's just bonkers," one researcher said.

• Oct 11, 2021

Mortgage payments are increasingly unaffordable for homebuyers

The typical homebuyer must now spend almost a third of income toward their housing costs, the highest since 2008.

• Oct 5, 2021

How past housing discrimination is still affecting families today

The typical Black family has only a fraction of the wealth of the average White family, and many experts say real estate is the root of the problem.

• Sep 23, 2021

Stocks plummet over Chinese real estate woes

Wall Street had its worst day since May amid fears that a Chinese real estate company could default, and that the Federal Reserve could begin ending stimulus measures it enacted during the pandemic.

• Sep 20, 2021
• 00:20

NPR: Feds selling homes in flood-prone areas

More frequent flooding due to severe weather events has become a major concern in many American cities, but an NPR investigation found that the U.S. Department of Housing and Urban Development has been selling homes in flood zones without fully disclosing the risk to buyers. A spokesperson for the agency told the outlet it requires people who buy these homes to get flood insurance if they want a mortgage backed by the department. Meanwhile, the federal government is spending millions of dollars to move people out of these flood-prone areas. Huo Jingnan, an assistant producer with the NPR investigations team, joins CBSN to discuss.

• Sep 16, 2021
• 10:55

Fannie Mae to consider rent payments in home-loan approvals

Millions of renters with little or no credit record have been shut out of the American dream of home ownership. That could soon change.

• Sep 13, 2021

Real estate markets skyrocketing in major U.S. cities

Millions of people left major cities in 2020 during the pandemic shutdown, but now many are returning. The real estate markets are skyrocketing, with Manhattan real estate brokers reporting the number of sales surging to the highest level in six years. Michael George reports.

• Aug 1, 2021
• 02:13

Top places to live in the U.S.

U.S. News & World Report's real estate editor Devon Thorsby joins “CBS This Morning” to discuss the top places to live in the U.S. She shares what real estate trends from the pandemic are here to stay.

• Jul 13, 2021
• 05:46

Home prices jump at fastest pace in more than 15 years

House-hunters are bidding up prices amid a scarcity of properties, driving up residential real estate costs.

• Jun 29, 2021

Homes are unaffordable in 4 out of 10 U.S. counties

Across the U.S., homes are "getting closer to becoming unaffordable in most counties," one real estate expert said.

• Jun 24, 2021

Home prices surge to record highs

U.S. home prices were up by nearly 24% in May compared to last year, the highest surge in more than two decades. Erin Sykes, the chief economist for Nest Seekers International, joins CBSN's Lana Zak to discuss.

• Jun 23, 2021
• 03:28

Existing home prices hit record high in May

The National Association of Realtors says existing home prices hit a record high in May, with the median price topping $350,000 for the first time. It was also the biggest one-year jump in more than 20 years. Meg Oliver has the details.

• Jun 22, 2021
• 01:57

Home prices skyrocket during pandemic

Desperate buyers, record-low interest rates, low inventory and cash-rich investors are driving real estate prices up across the country. Carter Evans has the story.

• May 24, 2021
• 02:14

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