Investment timing. What to do?

[Dorothy Monette]

I need to get some ideas and pick some brains on what you all would do if you were in my shoes. I'm putting a couple of my properties on the market and I should clear a little more than $500K. I'm selling my properties for much more than they were worth brand new, the highest I've ever seen the market value. So, in my opinion, the top of the market. (I'm a realtor) I'm thinking if the real estate market tanks, it will probably be in the 4th quarter of this year, at least that's what I'm hearing. I spoke to my tax accountant and in my own personal circumstance I don't need to do a 1031 exchange, so there's no rush to reinvest in real estate. I'm thinking of parking my money in mutual funds until I see what the market does later this year. What would you do? Maybe you all will have an idea I haven't thought of.