Sell Now or Wait a Year? What Home Sellers Should Do to Turn a Rich Profit

Sell Now or Wait a Year? What Home Sellers Should Do to Turn a Rich Profit

This holds true whether you're trying to sell a home you live in yourself, or whether you're a real estate investor who's been thinking of unloading an income property to free up cash for other ventures. In August, the inventory of unsold existing homes fell to 1.28 million, representing a 1.5% decrease from July, according to the National Association of Realtors (NAR). It normally takes a good four- to six-month supply of homes to meet buyer demand, so it pays to sell before real estate inventory starts creeping upward again.