You might hear some people say that things might be better in a couple of years. it will get better again! But nobody knows that for certain and history has proven itself over and over that once the market fell in continuous decline, it will take many and many years to revive. That is first reason why you should sell now.
What is the more, you have to acknowledge that due to rising interest rates you simply just cannot assume that the real estate market will be raining homebuyers and pump up prices like dough on yeast.
The market is at its peak right now. That means, if you are in love with your house and not thinking to sell, by all means, go ahead and wait another five or 10 years. But if you are seriously considering to sell your house, don’t wait till next year!