Posts Tagged ‘video’
Homebuyer Tip – Bully offers
A Realtor that I work with has a video blog that is quite informative and I recommend checking it out if you are a home buyer. He recently did a post on what a "Bully Offer" is and how you can use it to your advantage when buying a home. Check out the video below. Let me know if you have any questions.
Benjamin Tal Economic Outlook
I was lucky enough to be able to attend a talk held by Benjamin Tal, CIBC's head economist. As would be expected from an economist his talk was laced with statistics, bar graphs and acronyms. Unlike most economists he is actually quite interesting to listen. He was able to get the audience laughing at several points during the presentation and the hour flew by. I have taken a few of the more relevant points he made and listed them below. If you are interested in reading more about Benjamin Tal feel free to Google him and you will find countless articles that he is quoted in. The first point he made was he expected the Canadian Real Estate market to continue to decline for 5-7 more months and possible fall another 7 to 10% in value. Of course this is an average and will not hold true across all markets. Of course no one has a crystal ball, but it is encouraging to hear an "expert" discuss the light at the end of the tunnel and be reassured that we are not going to be in a free fall for the next 2 years. At the end of the discussion one of ...
Credit Crisis Explained
Everyday we read the news and hear about another company going bankrupt or thousands more people losing their jobs. The financial markets are in turmoil and our retirement nest eggs are now worth half of what they were a year ago. What caused this global financial disaster? Why does the government have to bail out the largest financial institutions in the world with billions of tax payer dollars? Well, the answer isn't nearly as complicated as you might think. If you have 10 free minutes to watch this short animated video you will see how financial instruments developed by the banks called mortgage backed securities lead to our current financial meltdown. Keep in mind although this animation is based on the US's predicament, and is actually nowhere near as severe here in Canada. The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
