3 Reasons Why Barbara Corcoran Says Now Is a Great Time to Buy a Home

Check Out This Weeks Newsletter

When mortgage rates are high, home prices are still climbing, and the Fed isn’t budging on cuts, most buyers press pause. But Barbara Corcoran—the real estate icon who turned $1,000 into a multi-million dollar empire—says that’s exactly when to pounce.



In a recent interview with Realtor.com®, Corcoran made one thing clear: uncertainty creates opportunity. While other buyers hesitate, she moves fast. And she thinks more people should do the same.


“When things are uncertain, buyers hesitate before committing to a new home—they might be worried about the stock market, politics, or interest rates, but when they worry, they hesitate to move. That makes uncertain markets the best time to buy!”


According to Corcoran, these are the three signs it’s time to stop sitting on the sidelines and make your move.


1. When You Can Buy Below Market Value


Everybody loves a deal. But in real estate, the best deals often hide in plain sight, especially during volatile times. If you score a home below market value, you’re already ahead, because that’s where the profit shows up when it’s time to sell.


“Anything bought below market will prove a good investment, and you’ll make money on it when you sell it later.”


Right now, that opportunity is growing. According to Realtor.com’s April 2025 Housing Report:

  • The number of homes on the market is up 30.6% year over year—the highest level since the pandemic.
  • Pending home sales are down 3.2% from last year, a sign that more homes are sitting longer.

Chief Economist Danielle Hale puts it simply: more inventory means more room to negotiate. With listings piling up, sellers are getting more flexible on pricing—and many are starting to lower their asking price.


2. When Sellers Come Back to the Table


In hot markets, sellers have their pick of offers. But in uncertain markets? Some come crawling back.


“I’m happy to report that sellers who turned me away four months ago are calling me back,” says Corcoran. That shift in tone signals more than desperation—it’s leverage for prepared buyers.


With fewer bidding wars, today’s buyers may find:

  • Reconsidered offers from once-dismissive sellers
  • More favorable terms—including credits, repairs, or closing cost assistance
  • An opening to get creative with financing or contingencies

Corcoran’s advice? Don’t just wait for an invitation. Make the first move. “Shopping for a good deal is easier” when competition fades and sellers start listening.


3. When the Market Feels “Spooky”


This one’s pure instinct. And it’s the playbook Corcoran swears by.


“When the market is uncertain, as it is now, I realize that’s a signal that I should be out there buying property, and that’s exactly what I do. 


“In the spooky economic and political market we’re experiencing, there are great deals to be had—you just have to get off your butt and make an offer!”


In her words, hesitation kills deals. And sometimes, “overpaying” isn’t really overpaying if you know what you want.


“I’ve overpaid for almost every piece of property I’ve bought. If I like it, I buy it, and I don’t live to regret it! 


“The way I figure it, is if I fall in love with a property and what it has to offer, I assume there are three other people who want to outbid me, so I close the deal and move as fast as I can.” 


Byron commented on this to drive home the point that, decade by decade, home values trend upward by a significant margin. Whether you overpay on your home or not, equity growth eventually more than makes up for it.


She overpaid on the purchase and then made a killing on the sale because she doesn’t flip them. I’m sure she’s done some flips, but if she’s living it, if she likes it, she’s buying it to own it. And then, what happens? What happens is what always happens: real estate goes up and to the right - Byron Lazine


Sarah Lentz | May 15, 2025 | Housing Market


https://nowbam.com/3-reasons-why-barbara-corcoran-says-now-is-a-great-time-to-buy-a-home/


@ChuckBarberini - #ChuckBarberiniRealEstate - @ChuckBarberiniRealEstate

@Golden_State_Guide_Service - @Citizen.Number.One

Location: Martinez, CA 94553, USA

Comments

Post a Comment

Popular posts from this blog

Happy Easter - The Gift of Renewal: Faith, Family, and Fresh Starts

Image
"Just Thinking" Happy Easter - The Gift of Renewal: Faith, Family, and Fresh Starts Spring is in the air, flowers are blooming, temperatures are rising, and while there's still a chance of showers, each day grows a little longer, a little brighter. It’s a season of transformation, and Easter reminds us that renewal is always within reach. It’s a time to celebrate fresh starts, lean into our faith, and cherish the family and community that support us through every season of life. Easter’s timeless message is simple yet powerful: just as Jesus rose from the dead, after every winter, there comes a spring. After every challenge, there is growth. Fresh starts aren’t reserved for January, they are possible every day, fueled by faith, kindness, and the courage to begin again. This past week’s Annual Easter Egg Hunt at Our Lady of the Visitacion School was a beautiful reflection of that spirit, the laughter of children, the warmth of familiar faces, the celebration of the risen L...
Read more

Predictions On Prices And Opportunities For Buyers

Image
  Check Out This weeks Newsletter Anytime Ivy Zelman, CEO of Zelman & Associates, appears in an interview (or webinar) to discuss the current housing market, we tune in.  So, of course, when Zelman joined two CNBC “Squawk Box” hosts for a conversation on the recent drop in rates, her comments became topic number one on Tuesday’s Hot Sheet.  If you tuned in, or you’re a Hot Sheet regular, you know the high regard in which Byron Lazine holds Zelman and her insights into the market.  She’s one of a handful of people who predicted what was going on during the lead-up to the Great Financial Crisis. She saw the housing bubble before everybody…She has some strong statements about the state of new construction right now and what opportunities buyers have in that sector. Byron Lazine “IT’S A BUYER’S MARKET FOR NEW CONSTRUCTION” The CNBC host leading the interview began with a question on home prices, asking Zelman, “Do you see any early signs of what direction that’s goin...
Read more

Wait-And-See: Powell on Rate Cuts, Housing Inflation and Market Rents

Image
  At the end of 2023, Federal Reserve Chair Jerome Powell noted that three rate cuts were likely for 2024. Yet, leading up the the April 30- May 1 FOMC meeting, nobody was expecting the first cut to happen, as stubborn inflation has left the Fed in a holding pattern. Yesterday, it was announced that the Fed would continue to hold rates steady. During his FOMC press conference on May 1, 2024, Powell remarked that inflation is still too high, and the Fed needs more confidence that inflation is moving toward the 2% target before considering rate cuts. He also indicated that is unlikely the next policy move will be a rate hike—an announcement that led to a significant rally in major stock indexes. As the Fed looks for signs of cooling inflation, it is closely monitoring the labor market and is prepared to adjust its policies in response to any significant changes. The resilience of the job market is particularly important, as it could influence the timing of future rate adjustments. Ad...
Read more