Real estate mogul Barbara Corcoran cautions lower mortgage rates could bring more buyers into the market, sending home prices “through the roof.”
If you're thinking of buying a home, there's no day like today to make the move, says Barbara Corcoran.
An important contributor to all of this is an inventory crunch. In 2023, existing home sales hit the lowest level since 2005, as would-be sellers who are locked into low mortgage rates stayed put. While more new listings signals good news for buyers, a dramatic improvement in inventory may take some time. Top economist Mark Zandi warned the market’s recovery will take "several years" to materialize.
"It works. The last four houses I bought were not on the market. I just picked out the house I like best and eventually the people called ," she said.Here is the true value of having a fully paid-off home in America — especially when you're heading into retirement The busy spring real estate season's here, and in most of the country, it's still a seller's market. According to Forbes, record-low inventory has made housing stock hard to come by -- but the...
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