Barbara Corcoran, a prominent real estate expert, shares strategic advice for buying homes amid challenges in the current housing market. She emphasizes checking the days on market to identify potential hidden-gem investments and suggests that homes lingering for six months or longer may lead to better negotiations. Corcoran also advocates shopping in the winter instead of the busy spring selling season, as competition and prices peak during this time, making off-season purchases potentially more favorable.
Look at listings that have been sitting on the market; when a house is on the market six months or longer, nobody's paying attention.
Starting in April, prices will be high – you should be shopping in the winter, that's where the best deals are.
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