Barbara Corcoran sends strong message on housing market's 'biggest problem'
The Shark Tank alum has bold words on the current real estate market.
Over the past few years, homebuyers dangle confronted a stagnant housing market riddled with high prices and low inventory. Mortgage rates doubled when inflation surged in 2022, and skyrocketing house prices dangle locked many would-be investors out of the market.
When the Fed started cutting pastime rates in September, most forecasts predicted that mortgage rates would tumble below 6% in 2025. Nonetheless, new inclinations whine this may doubtless snatch several more years for rates to stabilize and housing market project to reset to outdated ranges.
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