Barbara Corcoran: Don’t “Chicken Out” on Your Real Estate Purchase

Anyone debating whether to purchase one of Merrick Manor’s last available condominiums should consider the wise words of “Shark Tank” star and real estate mogul Barbara Corcoran. As Corcoran puts it, “there’s no sense in waiting” to buy real estate.

In a new piece published by Entrepreneur, Corcoran reflected on a missed opportunity from decades ago that she still regrets. “When I was in my late 20s, I got my hands on a studio that I could barely afford – I chickened out,” she said. “I just didn’t have the courage to go forward. But it took me probably five years to catch up to the market again.”

Corcoran related this anecdote to the current real estate market, pointing out that would-be buyers who wait for lower interest rates will have to deal with a “tougher market” because of more competition and higher prices.

In Coral Gables, buyers are realizing that Merrick Manor has the only newer condominium product priced under $600,000 for the foreseeable future. If you are on the fence, just think back to Barbara Corcoran’s cautionary tale.

Located at 301 Altara Avenue, the 10-story, 227-residence Merrick Manor’s pet-friendly amenities and lifestyle truly cannot be beat. Merrick Manor is just steps away from the world-class Shops at Merrick Park and has a Zillow Walk Score of 77, making it “very walkable.”

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative for Merrick Manor.

For more information about the residences at Merrick Manor, visit our Model Residence 527 on the at 301 Altara Ave., Coral Gables, FL 33146 – or contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870. Open from 11 a.m. to 5 p.m. on Monday through Friday and weekends by appointment.