Barbara Corcoran highlights housing market uncertainty as problematic

Barbara Corcoran, a star from "Shark Tank," highlighted significant issues in the housing market, particularly the uncertainty affecting buyers and sellers. She noted that this uncertainty leads to hesitation in making real estate decisions. Corcoran pointed out that there is a shortage of seven million homes, causing suppliers to hoard materials due to fears over tariffs. Despite a recent report showing a 4.2% rise in home costs, she believes this offers little relief to buyers. Many Americans are reluctant to sell their homes because they have low interest rates of around 4%. This situation contributes to the ongoing challenges in the housing market, as people are less inclined to move.