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.

Hit by Storms, Florida Panhandle Experiences a Property Boom
Hurricanes have spurred economic development in Florida and along the Gulf Coast, including real-estate transactions as landowners depart and prospective buyers hunt for property.

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.

Shuttered Military Bases Turn Into Hot Properties for Towns
Some cities and communities are excited by the 2005 closings list. They are eager to start planning what to do with the available space, and big-name developers are angling for the land.