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Originally Posted by jeffy
I believe the market still has another 6 to 12 months down before recovering. That being said, my approach to your question would be to list it NOW. However list it at a price that is VERY attractive to the few buyers out there now. So what if you loose 15% now. If the market continues down over the next year , you will loose it any way. Plus you will make up a lot of that 15% by no mortgage or holding costs of two properties. When a market is going down , it is best to get out now.
jeffy
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My advice as a former realtor .. I agree with Jeffy! List it now, at an attractive price, for 90 days. If it is priced right, it will sell. If it doesn't sell, let the listing expire, and list again in January. It will show up on MLS as a new listing, not an "old" listing.
I don't know your age, but no-one has promised us all a long life. So dive in, giterdone, and move to Paradise.