Trying to Time the Market

[Greg Harriman]

I own a home that I rent out and the lease is almost over - my gut is telling me it's time to sell.  My options are to either find a new tenant or sell the sucker.  The home is located in Bothell, Washington (Seattle area) and my rent is less than half of one percent of the market value of the home.  There's enough equity in the house to divest of the investment and invest elsewhere but what if this market continues to appreciate like it has the past 3 years!?!?

I know at this point I'm trying to time the market and not lose out on a possible gain but I can also lock in my profit now and be patient to find a better option elsewhere.

Are any fellow Seattle-based people running into this same situation?  If so, what option are you going with?