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Residential real estate prices may have continued to fall in the United States, but real estate mogul Barbara Corcoran, who 10 years ago sold her Corcoran Group for $66 million, is optimistic about 2012.
In an interview with Inc.com's Daniel Wolfman, Corcoran suggests now's a great time to buy and highlights particular neighborhoods of opportunity. Watch the video to find out which positive indicators Corcoran has here eye on--and where.
Always buy for "love" rather than "investment," advises Corcoran, off-camera. "If you fall in love with the view, fall in love with the neighborhood, the next guy's going to fall in love with the same thing. You don't use a lot of logic--real estate is not a logical game."
In this week's TrendWatch Facts & Figures, a closer look at the U.S. housing market:
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