On Monday March 14, 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 highlights of the show!
Part 1 (23:51)
Louis and Ryan discuss the impact of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today;the paradox of government intervention to make “homes affordable for everyone”; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world’s reserve currency;the abandonment of the gold standard; the fate of fiat currencies; Utah’s gold standard push; the actions states are taking to cut spending;the price of gold and silver and their role as stores of value;real estate vs. gold and silver as investments; the impact of shadow inventory on general inventory;the impact of the numbers of government workers and their salaries on the D.C. area housing market.
Part 2 (12:28)
Ryan reviews the economic news of the week; Ryan and Louis discuss the unemployment statistics and the reluctance of employers to hire new employees; HomeGain’s 1st quarter 2011 home prices survey;Louis notes the strong Virginia real estate market and real estate agent realism based on the past few years experience; Obama’s approval rating among real estate professionals and home owners; the lack of effective government programs to solve the housing crisis and lack of real free market dynamics in the real estate market;the lack of financial acumen among home owners and a more lax view on the obligation to repay debts.
Part 3 (10:56)
Ryan and Louis discuss short sale dynamics and how it favors the investor over the individual home purchaser;Ryan highlights that the 11 million home owners need quality advice when the price of their homes is underwater;how to reestablish credit post short sale or foreclosure;recourse vs. non recourse states;the ten reasons why people buy a home.
Part 4 (1:07)
Ryan wraps up the show.
Listen to other Real Estate Radio shows with Louis Cammarosano
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 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/