Barbara Corcoran's Insights on Real Estate, Investments, and Personal Life

Self-made real estate millionaire and Shark Tank star Barbara Corcoran predicts that U.S. home prices will not fall but could increase by 10% to 15% if mortgage rates decrease. Corcoran explains that the Federal Reserve aims to control inflation by keeping mortgage rates high, but expects rates to eventually come down, leading to a surge in buyer activity and higher home prices. She notes that the housing market is currently strong due to a shortage of homes, with one-third of houses selling above asking price. Corcoran advises buyers to adjust their expectations and shop around for mortgage rates, while suggesting that sellers wait until next year when interest rates decrease to maximize their home's value.