"Of Course, There's No Bubble"

We're still getting started, says real estate mogul Barbara Corcoran, who has advice about buying, selling, and hot spots across the U.S.

The story of Barbara Corcoran is the stuff of entrepreneurial lore. Three decades ago, she quit her waitress job, borrowed $1,000 from her boyfriend, and started a real estate shop that eventually blossomed into one of New York City's largest residential brokerages generating more than $4 billion in gross sales annually. In 2001, Corcoran sold it to national giant NRT. It was worth an estimated $4 billion when Corcoran sold it to national giant NRT in 2001. But she retained the post of chairman and remains the public face -- literally, on billboards -- for a housing empire that now stretches from the canyons of Manhattan to the shores of Palm Beach, Fla.

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