Remember when home prices were ridiculously cheap? Me neither. What is still fresh in many Americans' memories, though, is the crazy spike in the prices of homes during the COVID-19 pandemic.

Sure, the sizzling-hot housing market has cooled off somewhat. However, this could only be a temporary reprieve, according to Shark Tank star Barbara Corcoran. She predicts that we could have a COVID-like booming housing market back before you know it. 

Corcoran acknowledged in a recent Fox Business interview that higher interest rates have impacted the housing market. The Federal Reserve aggressively raised interest rates throughout 2022. Those rate hikes continued into this year, although the increases were more modest. 

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Source Fool.com