Business Insider’s Money Game interviewed real estate expert Barbara Corcoran earlier this week. This is what she said about buying in this market:
“We have a regular real estate miracle happening right now. We not only have record low prices, but we also have cheap money.”
A second real estate icon, Donald Trump, just a few weeks ago said:
“This is a great time to go out and buy a house. And if you do, in 10 years you’re going to look back and say, ‘You know, I‘m glad I listened to Donald Trump’.”
Those who have made a fortune buying and selling real estate may know best. Maybe it’s time to start listening.