“Shark Tank” star Kevin O’Leary has some predictions for people hoping to purchase a home in the current market — and it’s not great news.
O’Leary Ventures Chairman and “Shark Tank” star Kevin O’Leary appeared on Fox Business’s “Sunday Night in America with Trey Gowdy” to talk about the housing market and why prospective buyers shouldn’t plan on prices cooling soon.
Related: Kevin O’Leary Issues Stark Warning About Real Estate Industry
Citing sky-high interest rates put in place to offset inflation, the investment expert noted that though “real estate has always been a good investment,” it doesn’t mean the prices will drop.
‘Hard to see’ rates dropping soon
“Only 12 months ago, we
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