Shark Tank's Barbara Corcoran says you're 'dead wrong' if you try to wait for a better deal on the housing market

• Don't wait for a better deal in the housing market, Shark Tank's Barbara Corcoran says.
• As rents and mortgage rates drop, prospective buyers may be tempted to see how low they go.
• "The minute actual interest rates come down just one more point, everybody's going to jump into the market."

As mortgage rates and rent prices drop, prospective buyers may be tempted to wait out the fall before diving into the market.

That's a fool's errand, "Shark Tank" investor and real-estate legend Barbara Corcoran says.