For many across the U.S. looking for a first home, the shock of that sticker price is translating into what could be the worst year for home sales in U.S. history.
National

2025 is shaping up to be the worst year for home sales in U.S. history

The average rate on a 30-year U.S. mortgage eased in July but that's offering little relief for homebuyers
by Lindsey Peterson, Alex Veiga
For many across the U.S. looking for a first home, the shock of that sticker price is translating into what could be the worst year for home sales in U.S. history.
National

2025 is shaping up to be the worst year for home sales in U.S. history

The average rate on a 30-year U.S. mortgage eased in July but that's offering little relief for homebuyers
by Lindsey Peterson, Alex Veiga
For many across the U.S. looking for a first home, the shock of that sticker price is translating into what could be the worst year for home sales in U.S. history.
National

2025 is shaping up to be the worst year for home sales in U.S. history

The average rate on a 30-year U.S. mortgage eased in July but that's offering little relief for homebuyers
by Lindsey Peterson, Alex Veiga
Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and the national median sales price rose to an all-time high of $435,300.
National

US home sales fade in June as national median sales price hits an all-time high of $435,300

"The median price is up by more than 42%, that's about twice the rate of inflation," says CBS' Jill Schlesinger
by Alex Veiga, Lindsey Peterson
Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and the national median sales price rose to an all-time high of $435,300.
National

US home sales fade in June as national median sales price hits an all-time high of $435,300

"The median price is up by more than 42%, that's about twice the rate of inflation," says CBS' Jill Schlesinger
by Alex Veiga, Lindsey Peterson
Southwest Airlines to cut 15% of its corporate workforce in first major layoff in company history
National

Southwest Airlines to cut 15% of its corporate workforce in first major layoff in company history

by Alex Veiga
A Southwest Airlines plane takes off from Hollywood Burbank Airport as other Southwest planes are parked at their gates on July 25, 2024, in Burbank, California.
Local

Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years

by Alex Veiga
Hunter Biden arrives in federal court for jury selection for his trial on felony tax charges Thursday, Sept. 5, 2024, in Los Angeles.
Local

Hunter Biden, accused of failing to pay at least $1.4M in taxes, pleads guilty

by Amy Taxin, Deepa Bharath, Alex Veiga, Claudia Lauer, Alanna Durkin Richer