Thinking of Selling my 2+2 condo - Is it a bad time?

[Clarissa David]

Hello, so my HOA has gone up exponentially since I bought my condo from the $400s to what it is now which is $735 /mo. I knew buying this place there was that risk in the HOA increasing but I never imagined it to go up this much. I've been considering moving for a while but with "life" the timing was not right. Now, I am able to focus on the possibility of moving but I just don't know if that's wise…. I do house hack and rent out my second bedroom which covers the HOA cost and part of my mortgage. I don't see myself in this property long term, nor see it as a longterm rental. My gut tells me to get out sooner than later and find something that will cash flow.

Is now still an okay time to sell and capitalize on my equity? 

My options will be to rent out a cheaper place with my current roommate, or ultimately move back in with my parents until I find the right investment deal.