Real Estate 360 Live With Louis Cammarosano 7/23/12

Posted by: Louis Cammarosano on August 1st, 2012

On Monday July 23, 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 (14:42)

Ryan discusses the Spanish debt crisis. Ryan and Louis discuss the low interest rates of German and US bonds. Louis notes that the low rates highlight investors’ demand for “safety” even though yields are below the stated official inflation rate. Louis notes that because rates are artificially low, it is good for those who want to take out long term low interest mortgages.

Louis and Ryan note that the US interest rates are being kept low because the US government can not afford to pay its debt if interest rates were higher. Louis notes that the US treasuries becomes by default the safe haven because the US is the largest sovereign and also because gold, silver and real estate (arguably safer investments) are more thinly traded and less widely held.

Louis notes that even municipal bonds are being preferred by investors seeking safety even though municipalities have limited means of raising revenues and are bankruptcy risks.Louis notes that Spain’s 7%+ interest rates are an example of what a sovereign must pay if its investors are concerned about its inability to pay principal and interest back.

Louis notes that the US rates are not near 7% because the US can print the difference. Louis notes however by doing so becomes in effect a default as the investors received debased currency in return. Louis notes that low interest rate punish savers who would help their economy by savings and that low interest rates encourage consumption which does not help the economy because people consuming are doing so with borrowed money.

Louis notes that the low interest rate environment helps the banks, the government and the rich. Louis notes that perhaps deflation is preferable for those on fixed incomes. Louis notes when prices go higher the only way to afford higher prices is to take out a loan.

Part 2 (12:22)

Ryan and Louis discuss the President’s reelection chances.Louis and Ryan discuss the recent jobless claim report and the spin that is often put on the numbers. Ryan and Louis discuss the factors that influence the DC real estate market.

Ryan and Louis discuss the impact of foreigners and the currency exchange rate on the real estate market.When foreigners stop buying US treasuries who will buy them? Louis notes that when countries resort to the printing press hyperinflation always follows and explains why it hasn’t happened yet in the United States.

Part 3 (12:24)

Ryan notes that the US treasury is going to start auctioning off shares in the banks that were bailed out. Ryan notes that tax payers have “made” $20 billion. Louis notes that this money is not being returned to the taxpayers and that on balance the government loses tax payer money on its investment activities.

Louis notes that bailing out companies and banks rewards incompetence. Louis notes that the too big to fail banks get away with onerous fees because they really do not have any competition.

Part 4 (11:37)

Ryan discusses short sales vs foreclosures

Listen to other Real Estate Radio shows with Louis Cammarosano

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

Share

Comments

Leave a Comment

 

For Real Estate Agents

Online Marekting Solutions

For Home Buyers and Sellers

e.g., 1250 S Main St, Burbank, CA or 91506
     Search Foreclosures    Search New Homes    Search Rentals    

Blog Categories

Blog Archives

Real Estate Blogs

Top Articles

Recent Comments

Guaranteed LeadsReferral Lead ProgramListings PackageVisits to your WebsiteFind REALTOR®Homes For SaleHome Values