Should I sell my house now or next year?

Dear William,

We are definitely selling our house. My husband Jimmy wants to move to Palm Springs area for retirement. Should we sell this fall or next year? I read an article that said Zillow predicts home prices to jump 6.5% next year!

Josie B, West Hollywood

Dear Josie,

The same news was also reporting a recession a year ago. Do you remember? I find you can score great deals in the desert in the summer!

Rates are expected to drop too! What happens when rates drop? Prices increase! More buyers are buying! If I were you, I’d sell now this fall season before the big pool of inventory comes next year and you have more selling competition. Every property we sell right now sells for way over asking. I can’t guarantee that next year regardless of what the news says.

William