Business and Finance news

After several days off to spend some quality time in airport terminals and assorted family members’ living rooms, I’m back at work and feeling the need to pierce my post-holiday haze with a few real estate statistics. Here’s where we are: In Santa Clara County today, according to MLSlistings.com, there are 6,091 houses and condos […]

A ruling yesterday from the state’s highest court over prepayment mortgage charges could make it more expensive for some to obtain home equity loans, the banking industry’s trade association warned.
The Maryland Court of Appeals found that state-chartered Provident Bank assessed a “prepayment charge” that’s not allowed under state law. The bank had waived $680 […]

Toronto’s real estate market has smashed through its all-time record for sales, The Toronto Real Estate Board said Wednesday,
There were 7,313 sales in the greater Toronto area last month, making it the best November on record. November sales in 2007 were 11% better than the same month a year earlier.
“I recently reported that 2007 became […]