The Best and Worst Times to Sell Your Investment Property

Michael Bull, president of Bull Realty Inc., explains that investment property values follow a cyclical pattern with four phases: Knowing the current phase can guide your decision.

• Recession Phase: The worst time to sell. Property prices are low, financing is costly, and tenants are hard to find. Avoid selling at the bottom to prevent losses. However, this can be a great time for buyers to snag top locations.
• Expansion Phase: The best time to sell. Affordable financing leads to stronger bids and higher prices. Competition is fierce, so buyers may struggle to secure their dream property.
• Recovery and Contraction Phases: Decide based on necessity. These phases are more neutral.

Talk to an Expert: Consult an investment property agent to check if the yield curve is expanding or contracting—it directly impacts property values.