Barbara Corcoran claims now is the best time to invest in real estate
- Barbara Corcoran emphasizes that current market uncertainty may deter potential home buyers.
- Experts are divided over the impact of President Trump's tariffs on the housing market.
- Corcoran suggests that now is a strategic time to buy real estate before the market rebounds.
In the United States, Barbara Corcoran, a well-known real estate investor and 'Shark Tank' star, has asserted that the recent market turmoil may provide a prime opportunity for buyers considering real estate investments. Speaking on 'Fox & Friends,' Corcoran acknowledged that while the current market remains unstable, the uncertainty it brings can deter people from making significant financial commitments such as buying a home. She believes this hesitation will not last forever and that those willing to take the plunge now could reap rewards in the long run as the market stabilizes. Corcoran's perspective comes against a backdrop of fluctuating stock markets, driven in part by tariff tensions under President Donald Trump. Many analysts are divided regarding the impact of these tariffs on the housing market, which currently exhibits signs of volatility amid economic conditions. Mortgage rates have remained relatively unchanged, with a 30-year fixed-rate mortgage averaging around 6.9% this week, while the rate for a 15-year fixed-rate mortgage is slightly lower at 6.11%. Corcoran points out that amid this instability, she has withdrawn substantial funds from the stock market to capitalize on what she views as favorable home purchasing opportunities. The deals she previously overlooked only a few months ago are now becoming accessible to her, reinforcing her belief that it’s a fortuitous time to invest in real estate.