Barbara Corcoran reveals home buying secrets to secure deals now

Buying a home right now? It feels… impossible. Even Barbara Corcoran, the real estate mogul and “Shark Tank” star, gets it.

Mortgage rates are high. Home prices? Still up there. Realtor. com predicts they’ll climb even more next year. Buying in 2025 is, well, “tough,” says Corcoran.

And the price tag is just the beginning. Think about insurance. Homeowner’s Associations. Property taxes are rising everywhere. Don’t forget maintenance costs. Mortgage insurance and closing costs are also up.

But there’s some good news! Some places are seeing prices drop. Places like Phoenix, Nashville, and Jacksonville.

You’re in the market? Corcoran has three secrets to give you an edge.

Secret #1: The Forgotten Listings

Everyone flocks to the shiny, new listings. But homes sitting on the market? They get ignored.

“When a house is on the market for six months or longer, nobody’s paying attention,” Corcoran said on Instagram.

Her advice? “Make sure you look at the old listings. That’s where a low offer will be accepted. ”

Secret #2: Shop When No One Else Is

“Everyone is out in the spring and summer, so you should be shopping in the winter,” Corcoran says.

Why? The weather’s better for showings, and families want to move when school’s out. But winter? That’s when “the best deals are taken. ”

Secret #3: The Separate Entrance Advantage

“A separate entrance allows you to make a second unit you could rent to offset the cost of your mortgage,” Corcoran explains.

Smart for investors. Also great for multi-generational homes.