The real estate mogul explains why waiting for interest rates to drop could mean missing your chance to find the right home.
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00:002025 will be the best time to buy a home, because many people don't have the courage to get out there shopping.
00:05People are hesitating because of interest rates, but the real reason people are hesitating right now is because people don't want to sell their house.
00:12Two-thirds of America have interest rates under 4%, and that's why the market is choked.
00:17There are not enough homes going around, and you know you'll pay another 4% more for that home next year.
00:22It's the same time. Get out there.