6 05, 2021
  • ‘Shark Tank’ Star Barbara Corcoran on Hot Housing: Prices Will Keep Going Up

‘Shark Tank’ Star Barbara Corcoran on Hot Housing: Prices Will Keep Going Up

By |2021-05-03T01:46:00-04:00May 6th, 2021|Categories: Investing, Real Estate, Tips|Tags: , , , |0 Comments

Real estate mogul Barbara Corcoran sat down with Yahoo Finance in mid-April to discuss the latest in the white-hot housing market. Corcoran, a real estate broker, investor, best-selling author, podcast host, and executive producer of ABC’s “Shark Tank,” talked straight-up about today’s housing market and the conditions buyers currently face. Competition for homes remains stiff as potential buyers continue to contend for a scarce number of properties, driving up prices. With many buyers waiving contingencies on their home offers, in an attempt to make their offer more appealing to sellers, the market is no holds barred. House hunters, Corcoran says,

1 08, 2020
  • Bidding Wars in May and June Driven by Low Mortgage Rates and Low Inventory, Says Redfin

Bidding Wars in May and June Driven by Low Mortgage Rates, Low Inventory, Says Redfin

By |2020-07-20T23:12:23-04:00August 1st, 2020|Categories: Investment, Investment Properties, Potential Markets, Real Estate, Selling, Tips|Tags: , , , , |0 Comments

June marks the second-straight month that over half of home offers submitted by real estate brokerage Redfin contended with multiple bidders. Nationwide, nearly 54 percent of Redfin home offers were engaged in bidding wars in the month of June—an increase from just under 52 percent in May and 44 percent in April, Redfin reported on its website. Bidding wars are being driven by low mortgage rates and low home inventory. Redfin Economist Taylor Marr said, “Bidding wars continue to be fueled by historically low mortgage rates and fewer homes up for sale.” He added, “It’s like a game of musical

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