Real Estate Radio with Louis Cammarosano 9/19/11
On Monday September 19, 2011, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate Radio show on The Big Talker 1580 AM, hosted by Ryan Sloper.
Listen to the show.
Part 1 (15:01)
Ryan notes that HomeGain has released its third quarter home values survey. Louis reviews the results of the HomeGain home prices survey.Louis notes that Virginia and Massachusetts homeowners are far more optimistic regarding the direction of home prices than their REALTOR counterparts. Louis notes the high disapproval rating that Obama receives from real estate professionals. Louis and Ryan discuss the President’s job plan. Louis discusses the speculation that the Fed will reinvest its short term treasuries into long term treasuries. Louis notes that this might not lower rates but allows the Fed to reinvest the proceeds from the prior quantative easing purchases. Louis notes the general failure of government stimulus, citing Solyndra and the post office. Ryan notes the purchase by Fannie Mae of Bank of America’s troubled assets.