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Real Estate 360 Live With Louis Cammarosano 11/19/12

On Monday November 19, 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 (15:38)

Ryan and Louis discuss the issues post election of Obama-taxes and the fiscal cliff. Ryan predicts nothing will happen other than taxes on the wealthy and that business will be hurt and there will be plentiful layoffs.

Ryan discusses the Hostess bankruptcy.

Louis notes that we went over the fiscal cliff years ago as the deficit is over $16 trillion and unfunded liabilities including social security and medicare total $84 trillion that can never be paid back. Louis defines the cliff as something congress came up with a year and a half ago which would force the government to automatically cut spending and raise taxes.

What they are doing now to avoid the fiscal cliff is stop the automatic cuts and tax increases from letting the Bush tax cuts expire because spending cuts and tax increases would cause a recession (or cause the politicians to get unelected).

Louis notes they Obama wants to extend the Bush tax cuts for everyone but the “wealthy” and the Republicans want to extend them for everyone. Louis notes that taxing the wealthy will not solve the deficit problem and will only make the envious feel better. Louis notes that taxing the rich just transfers the money to the government and takes that money out of the private sector where it might be better saved, invested or spent.

Ryan predicts that if taxes increases companies won’t grow. Ryan and Louis discuss the impact of Obama care on the businesses.

Louis notes that when small businesses, that create most of the new jobs in the country, are hurt it allows the larger companies to become more powerful and more able to corrupt the government.

Louis notes that many of the government programs to make housing more affordable and to increase home ownership have had the reverse impact.

Louis notes that resources and capital goods are limited in contrast to today’s money that increase incrementally with no effort at all.

More money chasing a fixed amount of goods

Part 2 (11:54)

Ryan discusses the refinance requirements of HARP 2.0. Louis notes that FHA is $32.8 billion in debt.

Part 3 (12:08)

Louis notes that the bad economy is being blamed on Hurricane Sandy.

Louis notes that at some point the rest of the world will wake up and realize that the United States owes $100 trillion and cant pay it back other than by printing money. Louis notes that inflation is rising.

Louis notes that housing costs, unlike food and energy costs, can be locked down long term with a long term low interest rate mortgage.

Part 4 (11:45)

Ryan discusses the Fed’s stress tests on banks. Louis notes that if the fiscal cliff is avoided the stock market will rally. Ryan and Louis discuss declining real estate inventory levels.

Listen to other Real Estate Radio shows with Louis Cammarosano

Listen to the Real Estate Radio show of November 5, 2012

Listen to the Real Estate Radio show of October 22, 2012

Listen to the Real Estate Radio show of October 15, 2012

Listen to the Real Estate Radio show of October 1, 2012

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/

Louis Cammarosano

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