The answer to the question of whether you should sell a home now or wait 5 years depends on your long term goals.  In order to fully answer we need to ask another question. Will home values increase enough over the next 5 years to justify waiting or should I just cash out now?  

Enter our wonderful friend inflation. The printed inflation rate is around 3% – 4% but the real inflation rate that we experience is much higher. According to a fringe website called shadowstats, the real inflation rate is closer to 9%. While it’s probably not that high we can review everyday purchases and see that inflation is somewhere around 5%-6%. 

Inflation is still sticky

Inflation has started to cool off and stop rising but it hasn’t been going down. We are still very far from the fed target of 2%.  Based on the 10 year yield stuck above 4% and CD rates in the low 5’s, it does seem like inflation is here to stay.  

So is it time to list your property for sale or should you wait 5 years?