"Don't stall": Shark Tank investor Barbara Corcoran reveals house prices and mortgage rates going up

Shark Tank
Shark Tank's Barbara Corcoran | Image Source: Instagram/ @sharktankabc

Shark Tank mentor Barbara Corcoran shared her views on purchasing a house and how house prices have increased via an Instagram clip on March 19, 2025. The Corcoran Group founder revealed that because of the raised prices for housing properties and mortgage rates, now would be the time to purchase a house.

The female entrepreneur talked about the "real problem," which was that homeowners were "sitting on" interest rates. It was about four percent. That was why homeowners were adamant, as they were getting higher interest.

"The real problem on the market place is that two-thirds of homeowners are sitting on interest rates under four percent, and they're not going to move. Don't stall. Get out there and buy a house," the Shark Tank mentor stated.

Shark Tank's Barbara Corcoran shares insights about mortgage rates and purchasing houses

Shark Tank's judge Barbara Corcoran shared a clip on her Instagram about how mortgage rates have been climbing. As a result, house prices have also increased by "three of four" percent a year. Because of such affecting factors, the female entrepreneur advised individuals who want to make a purchase they should not "waste" any time.

"You already know that mortgage rates are still high, and house prices are going up still by three or four percent a year. You shouldn't waste any time in store buying your house, and let me tell you why," she said.

According to the Shark Tank mentor, now is the perfect time to buy a house. Hence, she suggested that buyers "get out there" and purchase.

Fans who follow her must know she started from real estate and is quite experienced. Because of that, Barbara Corcoran often shared real-estate-related business tips and insights. On March 17, the female entrepreneur appeared on America's Newsroom on Fox News, where she chimed in on a similar topic.

Along with her, the show host discussed how individuals from the "millennial age group" have been struggling to make a purchase, especially a house purchase, so when she was asked to share her insights about whether to purchase a house or wait for it.

"Go for it. There's a couple of hints I could give you certainly that make you in a better position and get a good deal," she shared.

She discussed purchasing housing property during the spring while everyone is away for spring break. The Shark Tank judge revealed that not many individuals were present during this time, and making a purchase would be beneficial.

Hence, young entrepreneurs considering purchasing a house now would be the time, according to the Shark Tank's Barbara Corcoran.


Fans can follow the Corcoran Group founder via her socials (Instagram/ @barbaracorcoran), learn more of such vital real-estate tips, and stay in the know.

Edited by Apoorva Jujjavarapu
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