'shark Tank' Investor Barbara Corcoran Says Young People's Dreams Of Buying A Home Are Being Crushed

Barbara Corcoran is a "Shark Tank" investor.Andrew Toth/Getty ImagesBarbara Corcoran says it's "disturbing" how young people are being locked out of the housing market.The "Shark Tank" investor pointed to first-time buyers getting older and losing out to cash buyers.Corcoran said Trump-fueled inflation and stubborn rates are risks, and she doesn't see a bubble.High prices, steep mortgage rates, and fierce competition are locking young people out of becoming homeowners, Barbara Corcoran says.The "Shark Tank" investor and real-estate tycoon pointed to "disturbing" data from the 2024 NAR Profile of Home Buyers and Sellers during a recent interview on "Cavuto: Coast to Coast" on the Fox Business Network.The founder of The Corcoran Group said the share of first-time buyers dropped from 32% last year to a record low of 24%.