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KEVIN O'LEARY: I have one piece of advice for homebuyers right now

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Plunging home prices and sales slumps are setting off alarm bells – even drawing comparison to the 2008 financial crisis.Prospective buyers have been put off by relatively high mortgage rates, volatile financial markets and mainstream media-stoked fears of a tariff war-induced recession.They're second guessing if now is the right time to make what may be the biggest purchase of their lives.Plus, fewer of those who already are in a home are moving. Would you trade a four percent pre-COVID pandemic mortgage rate for today's seven percent monsters?All that adds up to national home values reportedly rising at a decelerated rate of 1.2 percent year-over-year. And dozens of other markets around the country are seeing prices decline and sales slip to recession-era lows.Home sales fell to their lowest annual level for March – a month that typically sees an uptick in sales - since 2009.In Miami, for instance, sales last month were reportedly down around 30 percent from the March average in a 'c...

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