Mortgage lender pays off in first round - 2005-04-04
A mortgage lender that started trading on the Toronto Stock Exchange last June has put Al Budai, publisher of the Buy Low, Sell High investment newsletter, in the lead position at the first-quarter turn of Report on Business's ninth annual stock-picking contest.

Mr. Budai's selection, Xceed Mortgage Corp. (XMC-TSX), is a Toronto-based company that provides financing to Canadian borrowers who the banks won't touch. Xceed's stock price closed the quarter at an even $5, for a first-quarter gain of 9.65 per cent.
Read the full story at Globe and Mail

What you get for a million bucks - 2005-04-04
Especially in hot markets, such as the New York, Boston, San Francisco, Phoenix, and Los Angeles metropolitan areas, property prices climbed at least 12 percent for the twelve months ending September 30 2004, according to a report from PMI Mortgage Insurance.

In Las Vegas, home prices surged almost 35 percent. Even areas such as metropolitan Pittsburgh, Buffalo and Detroit saw prices appreciate 4 percent or more. One day, it seems, everybody will be paying a million dollars or more for a house.
Read the full story at CNN