On Monday October 1, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 Live radio show on The Big Talker 1580 WHFS AM, hosted by Ryan Sloper.
Listen to the show.
Part 1 (14:58)
Ryan and Louis discuss the current unemployment rate. Ryan notes that interest rates fell after the announcement of QE3. Louis notes that QE3 is a bail out of freddie mac and fannie mae as it takes bad assets off their balance sheets. Louis notes that while interest rates are lower, fees have been increased.
Ryan notes that the fed’s stated intention that by keeping interest rates low is to help employment. Louis believes that will not be the case and that QE3 is nothing more of another bailout and a way of keeping the cost of borrowing low so the government can continue to spend money.
Louis notes that obama said that the debt is not an issue “short-term”
Part 2 (12:31)
Ryan notes that debt forgiven in short sales will expire and be taxable income in 2013 unless Congress acts.
Louis notes that in 2013 the tax exemption for estates gets reduced to $1 million and estates will be subject to 55% tax which may cause many homes to be sold a lower than market prices.
Louis notes that despite QE3, the expiration of the tax break on debt forgiveness on short sales, the reduction of the size of the exempt portion of estates, continuing poor unemployment and households being burdened by student debt, the housing market may not recover.
Ryan and Louis discuss the US debt issues.
Part 3 (12:38)
Ryan discussed home ownership rates.Louis discusses the HomeGain homeownship satisfaction survey.Ryan notes the advantage of working with professional when buying or selling a home. Louis notes that savings are not encouraged by low interest rates.
Part 4 (11:17)
Ryan discusses strategies for getting a loan with a low credit score. Ryan and Louis discuss how to select a real estate agent.
Listen to other Real Estate Radio shows with Louis Cammarosano
Listen to the Real Estate Radio show of September 24, 2012
Listen to the Real Estate Radio show of September 17, 2012
Listen to the Real Estate Radio show of September 10, 2012
Listen to the Real Estate Radio show of August 27, 2012
Listen to the Real Estate Radio show of August 20, 2012
Listen to the Real Estate Radio show of August 13, 2012
Listen to the Real Estate Radio show of August 6, 2012
Listen to the Real Estate Radio show of July 30, 2012
Listen to the Real Estate Radio show of July 23, 2012
Listen to the Real Estate Radio show of July 16, 2012
Listen to the Real Estate Radio show of July 9, 2012
Listen to the Real Estate Radio show of July 2, 2012
Listen to the Real Estate Radio show of June 25, 2012
Listen to the Real Estate Radio show of June 18, 2012
Listen to the Real Estate Radio show of June 11, 2012
Listen to the Real Estate Radio show of June 4, 2012
Listen to the Real Estate Radio show of May 14, 2012
Listen to the Real Estate Radio show of May 7, 2012
Listen to the Real Estate Radio show of April 30, 2012
Listen to the Real Estate Radio show of April 23, 2012
Listen to the Real Estate Radio show of April 16, 2012
Listen to the Real Estate Radio show of April 9, 2012
Listen to the Real Estate Radio show of March 26, 2012
Listen to the Real Estate Radio show of March 19, 2012
Listen to the Real Estate Radio show of March 12, 2012
Listen to the Real Estate Radio show of February 27, 2012
Listen to the Real Estate Radio show of February 13, 2012
Listen to the Real Estate Radio show of February 6, 2012
Listen to the Real Estate Radio show of January 30, 2012
Listen to the Real Estate Radio show of January 23, 2012
Listen to the Real Estate Radio show of January 9, 2012
Listen to the Real Estate Radio show of November 14, 2011
Listen to the Real Estate Radio show of November 7, 2011
Listen to the Real Estate Radio show of October 31, 2011
Listen to the Real Estate Radio show of October 24, 2011
Listen to the Real Estate Radio show of October 17, 2011
Listen to the Real Estate Radio show of October 10, 2011
Listen to the Real Estate Radio show of October 3, 2011
Listen to the Real Estate Radio show of September 26, 2011
Listen to the Real Estate Radio show of September 19, 2011
Listen to the Real Estate Radio show of August 29, 2011
Listen to the Real Estate Radio show of August 15, 2011
Listen to the Real Estate Radio show of August 8, 2011
Listen to the Real Estate Radio show of July 25, 2011
Listen to the Real Estate Radio show of July 11, 2011
Listen to the Real Estate Radio show of June 27, 2011
Listen to the Real Estate Radio show of June 20, 2011
Listen to the Real Estate Radio show of June 13, 2011
Listen to the Real Estate Radio show of June 6, 2011
Listen to the Real Estate Radio show of May 23, 2011
Listen to the Real Estate Radio show of May 16, 2011
Listen to the Real Estate Radio show of May 9, 2011
Listen to the Real Estate Radio show of May 2, 2011
Listen to the Real Estate Radio show of April 25, 2011
Listen to the Real Estate Radio show of April 18, 2011
Listen to the Real Estate Radio show of April 11, 2011
Listen to the Real Estate Radio show of March 21, 2011
Listen to the Real Estate Radio show of March 14, 2011
Listen to the Real Estate Radio show of February 28, 2011
Listen to the Real Estate Radio show of January 24, 2011
Listen to the Real Estate Radio show of November 29, 2010
Listen to the complete archive of Louis Cammarosano on Real Estate Radio shows
Real estate radio interviews also available on Youtube
About the Real Estate Radio Network
The Real Estate Radio Network® is a nationwide alliance of real estate related professionals with a common objective: delivering the timely truth about local Real Estate Markets over local radio stations.
The Real Estate Radio Network brings hard-working and ethical professionals in a community together. We provide the media and forum necessary for Consumers to learn the truth about important aspects of their financial life, which is mostly centered around their biggest investment, the home they live in. The Real Estate Radio Network® brings each radio program to the audience with a “live and local” show hosted by well-respected members in the local Real Estate and Financial community.
About Ryan Sloper
As a highly motivated mortgage consultant, with more than nine years of mortgage lending experience, Ryan Sloper has acquired a solid understanding of the local and national real estate markets. Ryan has been investing in residential and commercial real estate for the last 5 years, where he has first hand knowledge of what it takes to be a successful real estate investor. Ryan also hosts a weekly radio show, Real Estate Radio, which airs every Monday on 1580 AM in the Washington, DC Metro Area. Real Estate Radio also streams live nationally @ http://whfs.cbslocal.com/shows/real-estate-radio-with-ryan-sloper/
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