Thursday, October 27, 2005

Home Resales Are Unchanged; Consumers' Mood Stays Grim


Home Resales Are Unchanged; Consumers' Mood Stays Grim
Existing-home sales were flat in September bolstered by hurricane refugees buying new homes, despite higher mortgage rates. Consumer confidence ebbed to its lowest mark in two years in October.

Next Stop: Vacation Getaways At the End of the Rail Line
Looking to get away from the hustle and bustle but don't want to spend a lot getting there? These homes are in towns that are less than three hours away by train from major cities.

Demand Pushes Homes Out Of Reach for San Diego Buyers
Only 9% of California households can afford to purchase a home in the city according to a California Association of Realtors report.

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