Sell High and Rent for a While: Is Now the Time to Get Out?
With buyer demand climbing, inventory shrinking, and house prices rocketing skyward, some property owners are looking for more creative ways to ensure they protect the equity in their homes from the impending “crash” that they fear. As realtors, we are often asked our opinion of trying to ‘time the market,’ whether we think it is time to sell, time to buy, or time to exit the market and wait it out. The answer is very seldom as simple as it seems, and will certainly be different depending who is asking. Just this week, we received an inquiry from a...
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