Barbara Corcoran answers questions about housing market | GMA
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The “Shark Tank” star and entrepreneur shares what viewers need to know if they are considering buying, selling or refinancing their homes in the current market.
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#barbaracorcoran #housingmarket #sharktank #gma
Пікірлер: 67
Remember guys she makes her money selling houses.
@MacAnthonyVaughn
Жыл бұрын
Hi there! How are you doing and I hope you're having a great day? I'm sorry for breaking into your comment just wanted to say hello to you my friend.
@mle3857
Жыл бұрын
@@MacAnthonyVaughn take it to group..
Here is one issue - now that people are realizing they can make money by buying properties and renting them out, one of the problems finding a house to buy now. If someone isn’t buying the affordable ones to turn around and flip, then you have people buying up the affordable ones to just rent out. They’re not making enough new construction homes, and the ones I have seen new construction were duplex purchases OR over 300K+.
Good questions. Great answers. Would love to see this as a regular segment to GMA.
It takes a true Shark to look you in the eyes and smile while giving you bad financial advice because it helps her industry.
@mdsantoro21
Жыл бұрын
Guaranteed house prices will go down, forecloses are ramping up and mortgages will stay double from a year ago
@Viccr72323
Жыл бұрын
@@mdsantoro21 nope
@mle3857
Жыл бұрын
Well said..
@omcorc
9 ай бұрын
@@Viccr72323If you actually knew what knew what you were talking about you’d elaborate.
@Viccr72323
9 ай бұрын
@@omcorc what’s up with y’all sanctimonious people on KZread? People always gotta comment the way y’all want. I disagreed with him, that’s that. Move on.
Was shocked she suggested reverse mortgage for a 60yr old woman.
@unikornkontroller
Жыл бұрын
I think if you're a single older person with no kids to leave the house to, it makes sense. Otherwise, yeah, not the best option .
@meanmugging
Жыл бұрын
Gotta be 62 to get a reverse mortgage
@yusufhasaan8781
Жыл бұрын
35 years house is paid off. Take those profits while prices are at all time highs!
This woman is a rich woman boosting the entire system...ABC needs to bring us people we can identify with...How do I identify with a person living in a 10 million dollar mansion...I am happy for her but I need a small starter home and the best person who can help me should be someone who is familiar with average joe...That woman hasn't left the upper west side of Manhattan for 30 years
@naudianeels1328
Жыл бұрын
Amen!! 🎯🎯🎯
what housing market, the one only rich people seem to be able to afford....oh that one...
Insightful Video
I contacted 20+ agents trying to buy and couldnt land a single property...
Now ask jer how much she ingested/invested in the companies who bought up all of california properties and now across the country etc. like trusting trump.
Do you have to provide 2 years of W2 Forms?
Price disparity between the coasts is fascinating!
Is this from a year ago? HAHA. I completely disagree with her, so do the stats on recent home sales. I assume she extremely invested in real estate.
@brianoleson3138
Жыл бұрын
we are already seeing historic price drops in western states 10-25% drops didnt happen in 1950s 1960s 1970s 1980s 1990s or 2000 you know that ?
@billystutz55
Жыл бұрын
@@brianoleson3138 We’re on the same team.
@brianoleson3138
Жыл бұрын
@@billystutz55 i think we are in for a historic downturn theres similarities of 1929,1970s and 2008. so many people dont even think this can be as bad as 2008. But the only good things about now then 2008 and its basically only 1 thing is lending standards ok great but we have 15 different bad things we can count on our fingers and then some . and dont forget we never fixed 2008 we pintched the severity of 2008 it was suppose to be worse then what it was and thats why we called it the great recession cause it was basically a great depression that was juiced with injections and deformed
Sorry Barbara I’m not going to listen to your investment ideas there cuku
Trying to predict what might happen this year is not the best homebuying strategy. Buyers sitting on the sidelines today in anticipation of lower prices tomorrow may end up disappointed!
Home values will continue to fall well beyond a decade. Too many people locked in record low rates, for RECORD HIGH COSTS. Prices only need to decline about -10% for catastrophic results. Risky HELOCS, Airbnb busts, and decade long value declines, combined with commercial real estate in the red, across the board. Foreclosures are only now starting to uptick. Supply is increasing, NATIONALLY. This bottom won't show until the mid 2030's at the earliest. -40% on top of the -8% seen this year. God bless, America.
AVP not a lot of leads today /
Denial isn't just a river in Egypt..
The issue is that interest rates will only go down once house prices are down so yoh might not be able to refinance your $800k loan for a house worth $600k
Who r these two???
Wow both these ladies look good
Lady Corc😍ran .... The future can be had, via Financial Engineering -4D. 🤔
AVP👽 I bet / yep / straight chicken out / and it's cool/ so let me / if you ain't gonna do it / then do cry / if you won't let me
40 cars? Nonsense! She is full of BS.
@sbkpilot1
Жыл бұрын
She is a liar
who is BIDDING!!!! WHO???
Please don’t get a reverse mortgage people listen to Dave Ramsey Show
@mle3857
Жыл бұрын
But Dave Ramsey is full of shit too! Telling people home prices will never go down.
Barbara is detached
AVP I time to winter ,...vacation / later
The part that showed how painfully out-of-touch this woman is was when she insinuated that a person could go from buying a studio apartment to buying a multimillion dollar place...easy breezy. 🙄I'm really sick of people with this "if I can do it, so can you" when they leave out so many variables. Even Robin Roberts gave her a side-eye on that one. Then making it seem as though someone can reverse mortgage their way out of something, and buy in markets that only the rich can afford. Corcoran has been giving bad advice for a while now, because she's not realistic about about working class people can and cannot afford in this housing market that has been taken over by rich developers and rich foreign buyers over-paying for properties, then either holding on to them for forever, or jacking up the sale prices and rentals so high, that only the rich can buy or rent them.
@MacAnthonyVaughn
Жыл бұрын
Hi there! How are you doing and I hope you're having a great day? I'm sorry for breaking into your comment just wanted to say hello to you my friend.
America needs Dave Ramsey
@mle3857
Жыл бұрын
Dave Ramsey should be shut down, misleading people to buy homes in a declining market..
AVP there was a lot / well there was a thing with a child / just simulated / really not the biggest deal /
6 Homes in neighborhood of 221 homes forsale in hot Florida neighborhood. In 4 months the nicest house has reduced 50k and not one visitor on any open house events. She's lying.
AVP hell i do9nt know/ but we we agre / it's probly at someone else / and not fixing the problem between us / rigth/ and that's cool/ it's just / ember we still have issuse ourselves / (not y'all)
AVP hey / yeah / and most of this AIS really as usual /
AVP👽⚔🐍 yeah it's unusauly hot right now / and it's cool ,.. it dose matter /
AVP hey / AHHHH/ I bet/ hey we're stealing house form you too / with the ,.."mailed property deeds" / and they didn't get that / but cool /
AVP hey / we did make a breakthrough/ / a realtor u ,..means / ah this in particular/ it mean the sentecn will and could slide / soem might have it dropped / I bet / but this is a bout child homicides
🤥🤥🤥🤥🤥
Not taking advice from a multimillionaire businesswoman who has enriched herself by selling houses.
AVP hey / buyer beware/ it str/
AVP👽 not alot today / unless you got questions /