Is the housing market on the verge of a meltdown? One economist seems to think so — and he blames 7% mortgage rates.

Los Angeles now seems "like a sad company town where the mill is closing" as the industry, its stars, and everyday workers ...

Among the nation’s 200 largest metro-area housing markets, 30 markets at the end of June 2025 still had at least 50% ...

"Housing will thus soon be a full-blown headwind to broader economic growth," warns Moody's Chief Economist Mark Zandi.

There are growing concerns about the nation's housing market. Sales are slowing with homeowners struggling to find buyers in many locations across the country. CBS News New York's Ali Bauman tells us ...