Housing market is ‘showing signs of life for the first time’ since 2022: Barbara Corcoran
#housingmarket #realestate #youtube
This segment originally aired on February 15, 2023.
Barbara Corcoran, Founder of The Corcoran Group and Shark on ABC’s Shark Tank, joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss the housing market, ChatGPT, NYC real estate, new businesses, and the future of work-from-home.
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Пікірлер: 28
People are squeezed even more with no inventory and higher rates. So some of the houses are eventually getting sold.
@conservativelibertarian
Жыл бұрын
When the price goes down. In this woman's case, she is selling to the ultra wealthy so they probably just buy outright I guess?
Everyone who moved to Florida is moving right back to wherever they moved from. It’s too hot, too many bugs, hurricanes, etc., etc…Summer in the north is too nice. People who will stay can afford to own a home in the north.
Interest rates went up some more. 30 year mortgage averages are now up to 6.8% as of 2/17/23.
We're 2 months past 2022. That little housing market crash (with no real significant price drops) was short lived.
@chino7316
Жыл бұрын
Lmao, celebrating a little early, don't you think?
@Rob_G716
Жыл бұрын
Oh boy 😂
although aired on 2/15, i think this data was collected before the huge surge in rates this week.
Of course prices will go through the roof again cause investors will be able to just keep renting them out for higher prices cause everyone is bringing in 10000 dollars after taxes every month. It's getting delusional at this point.
Is she actually bullish on real estate? 🤣
@Fish_Ventura
Жыл бұрын
Lol,, it seems so. This will not age well
Lol,, yeah that happened in ‘07 when I moved an bought a house in Phx… the next 2 years we’re heading down. Ignore this person, she looks like a Realtor. Whe just need sales
Nice prices will rise.
💡 a. 1 household worker picks-up a part time job to add income to the "extra interest" moving along. An usher at an AMC theater makes $800.00/month-part time 🤔
Down with their Economy
Lot of buzz words, little substance.
This is already not aging well after 2 weeks. The pain coming is coming
Yeah ok
Smart lady.. excellent show
We are not going to see prices skyrocket,, this will be hard to watch come October
@RS-tz2zn
Жыл бұрын
Agreed, Rates of climbed again since they fell below 6% in January. We are headed for a big drop the next 2 years. The Fed can’t drop rates again until housing drops a lot more (say within 10% of prepandemic levels). Since housing is the single largest determinant of core inflation
Barbara is a real estate mogul with lots to lose should the market crash. Her “low inventory” is patently false. This piece comes off as a Shill selling an overpriced product. A few KZreadrs I’m following are posting the MLS data showing a rise in inventory due to an increase in unaffordability. Also there’s been an increase in delinquency where owners bought more than they could afford at too high of an interest rate. Imagine what’s going to happen when the real jobs numbers hit. As someone else said this is hard to watch.
Propaganda
Keep dreaming...🤣🤣🤣
@1:45 This woman is totally clueless.. the rates at the long end of the curve are dropping so much because it's pricing in a pretty sharp recession. People lose their homes in droves during those events because they lose their jobs.