Real estate guru Barbara Corcoran has revealed the mortgage rate drop that she believes would cause the housing market to “go ballistic,” while warning that there is a “desperate need” for ...

Still, the real estate mogul says many Americans won’t see much relief from the change. Barbara Corcoran said “uncertainty” is the “biggest” problem with the housing market right now.

Her nickname now is “The Queen of New York Real Estate,” but Barbara Corcoran was still on a pauper’s budget the day she saw the penthouse that would become her home.

Barbara Corcoran treasured her double-wide mobile home with a deck that overlooked the ocean in the Pacific Palisades. The so-called “Queen of Real Estate” bought it in 2017 for $800,000.