Now is the time to put your house on the market. If you are thinking that the value of your home will go up the longer you wait, you are probably correct. However, the cost of new home construction is also rising and if you continue to wait it may raise more than the value would increase on the house you are selling resulting in a net loss to you.
Interest rates are at record lows and if you wait they may increase resulting in higher monthly payments.
Another factor to consider is that the existing inventory of homes for sale is declining. Some Realtors say they are running low on properties to show. That means if you put your home on the market now, you may be able to get a quick sale from a person who has been looking to buy but has not been able to find just the right property.