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Fortune
Fortune
Eleanor Pringle

“Shark Tank” star Barbara Corcoran insists now is “the very best time” to buy a house

Businesswoman Barbara Corcoran says now is the perfect time to buy a home. (Credit: John Lamparski—Getty Images)

Shark Tank star Barbara Corcoran has some bad news: Interest rates are never going to be as low as they were during the pandemic again. But she’s got some good news, too—the current rates, hiked to a near 23-year high by the Federal Reserve, make now the ideal time to enter the housing market.

The New York mogul cut her teeth in property, bouncing back from the brink time and again to build her business, the Corcoran Group, into the behemoth she sold for $66 million in 2001.

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