Existing home sales were up 3.4% month-over-month in October, showing their first year-over-year gain in more than three years.
Corcoran Group founder, Shark Tank investor, and real estate expert Barbara Corcoran says the increase in home sales doesn’t surprise her.
“There are more houses on the market so there are 25% more choices for the buyer coming out into the market and looking,” Corcoran told Fox Business on Thursday. “On top of that, the buyers themselves have gotten accustomed to the rates being what they are and they just got tired of waiting.”
Related: You Have One Month Left to Buy a House, According to Barbara Corcoran. Here’s Why.
As of
→ Continue reading at Entrepreneur