The housing market remains challenging for potential buyers, with the 30-year fixed mortgage rate hovering between 6% and 7% for over two years — according to government-sponsored enterprise Freddie Mac.

High prices and limited inventory continue to make the search for a home difficult. The Corcoran Group Founder and Shark on ABC’s Shark Tank Barbara Corcoran joins Wealth to share valuable advice for navigating the housing market.

"I would say the most important overall tip is always look where somebody else is not looking and that's always where you find your value," Corcoran says.

Corcoran preaches buyers should consider homes that have been on the market for a while, shop off-season, and look for fixer-uppers.

Watch the video above to hear all of Corcoran's tips on navigating the current housing market.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Josh Lynch