This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

When is the best time to Sell My House?

Is Now the time to sell? Wait, or sell that is the question of the day.

Some would-be move-up home sellers are eyeing home prices carefully and asking should "I Sell My House" or wait. They’re waiting to see how much home prices appreciate more before they consider selling their home. But they may be missing their perfect opportunity, some housing experts say.

The best time to move may depend on when the home owner purchased their current residence, says Daren Blomquist, vice president of RealtyTrac. Blomquist says that home owners who purchased their home during the sluggish market the last two to three years may find moving up in 2013 may be their prime opportunity.

Homeowners who bought near the bottom of the market maybe prime to sell now, these home owners should have built up some good equity that can go toward the purchase of a new home, and waiting longer to build more equity likely won’t provide much advantage given that other homes that they might want to move up to will also be appreciating at roughly the same pace.

Find out what's happening in Lawrencevillewith free, real-time updates from Patch.

Home owners who wait much longer to sell their home may miss out. So if your asking yourself When is the best time to Sell My House? the best answer is NOW buyers are waiting mortgage rates are still at an all time low.. meaning more buyers can qualify to buy your home and with limited supply some buyers are willing to over look the need for cosmetic repairs that in the past cost sellers in preparing the home for sale.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?