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A recent article by columnist Chet Courier at Bloomberg News asks the question: [Is now a good time?](http://www.bloomberg.com/apps/news?pid=71000001&refer=columnist_currier&sid=a32uOlIM54E4) Like the stock market, there are people who are convinced that the market is at the top and its now time to sell. Mr. Courier provides a lot of common sense for that question, “Is now a good time to sell?”

Media coverage has been full of get-rich quick stories and seemingly no-lose scenarios.

Yet the costs associated with selling are high and the transaction can be complex. Simply put, real estate is a lot less liquid than stocks. There are a lot of stories and assumptions made about market timers, those that have made fortunes selling at the right moment, but much of that is overblown or exagerated.

>Likewise, homeowners could tie themselves in
> knots trying to decide when the absolute top
>of the market for their properties will be seen.
>The best time to sell, or buy, a house may be
> whenever you are ready to move.


One Comment

  1. Rajinder Dogra September 30, 2005 at 11:46 pm

    Its correct that there is no right or wrong time to sell or buy a house because only speculations are made about the best time. So, whenever you want to sell or buy a house “just do it” Don’t wait for the right time.

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