Barbara Corcoran Predicts Soaring Housing Prices Amid 'Perfect Storm'

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Source: Fox Business
Barbara Corcoran Predicts Soaring Housing Prices Amid 'Perfect Storm'
Photo: Fox Business
TL;DR

"Shark Tank" star Barbara Corcoran predicts that if interest rates drop by another percentage point, housing prices will "go through the roof" as buyers on the sidelines enter the market. She warns against waiting for rates to decrease further, as it may result in paying more for real estate. Corcoran also believes that despite macroeconomic uncertainties, the shortage of houses will continue to drive housing prices up, emphasizing the need for more supply to meet demand.

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