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You're considering selling property you own, but you wonder when will be the best time. The current value of your property is $420,000. You believe
You're considering selling property you own, but you wonder when will be the best time. The current value of your property is $420,000. You believe you're in a good area and that real estate prices will increase in the near to intermediate future. You anticipate the following values over the next 3 years: Year 1: $438,000 Year 2: $459,000 Year 3: $483,000 With a discount rate of 4.8%, when should you sell your home if your expectations are correct? Today In two years In one year In three years
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