Real Estate 360 Live With Louis Cammarosano 9/24/12

Posted by: Louis Cammarosano on October 5th, 2012

On Monday September 24, 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 (14:28)

Ryan and Louis discuss the potential impacts of QE3.

Louis notes that QE3 was masked as a program to create jobs. Louis notes that if they wanted to create jobs for $40 billion a month that they will spend on QE3, they could create 10 million $50K a year make work jobs.

Louis calls the type of economy that the Fed wants to create is one where wealth is created by people moving and out of homes-the musical chairs economy.

Louis notes that QE3 is designed to encourage people to borrow money to buy houses or to discourage savings so people put money into the stock market.

Louis notes that low interest rates help governments to keep their borrowing rates low and also in the hope that low interest rates will help them inflate their way out of their debts.

Louis notes that the housing market should be reflective of the strength of the economy not the driver of the economy.

Louis notes that there does not seem to be a focus on substantive issues in the Presidential campaign.

Louis notes that a Fed President is already talking about adding US Treasuries to their purchases. Louis predicts that if the stock market crashed, the Fed might even buy stocks.

Ryan uses the analogy that the Fed is the Wizard of Oz. Louis makes the analogy of feed the squirrels in the park, as it gives the squirrels a false signal that they can reproduce and that there will be enough food for all.

Part 2 (12:35)

Ryan discusses the Spanish debt crisis. Ryan discussed credit score issues to be aware of when purchasing a home. Louis and Ryan note that QE3 will predominately help the rich and those with good credit scores.

Part 3 (12:33)

Ryan discusses the case of a Philadelphia coffee shop owner who got fined for cleaning up a vacant lot. Ryan and Louis discuss the pitfalls of buying a home with home owner association rules.Rayn and Louis discuss the drag on the housing market caused by high youth unemployment rates.

Part 4 (12:12)

Ryan and Louis discuss government housing programs. Ryan discusses FHA short sale program and the fraud associated with it. Louis notes that the government would be better off not meddling in the housing market. Ryan notes that is not practicable. Ryan and Louis discuss the government’s involvement in the student loan market. Louis notes we have a dearth of engineering graduates and a glut of liberal arts graduates.

Listen to other Real Estate Radio shows with Louis Cammarosano

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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