When to list my Marietta GA home... When will the bubble pop?

[Tiffany Allen]

I purchased a home in Marietta GA off Terrell Mill and Delk Road by the new schools that are being built over 1.5 yrs ago.  My house value has been climbing and I want to sell to downsize and open more funds for my RE deals.  My 2 year mark is December 15th so I can avoid capital gains tax.  It is a 5 br 3.5 ba house with a great backyard and pool.  Will definitely appeal to a family with children or anyone that likes entertaining. 

I have the following questions:

1.)  Is listing in mid-late October a bad time to list or should I wait until the spring in hopes that the market will keep trending upwards?  Also, it would be a better time for someone with children in school to close once school lets out.  But then again, everyone lists then so there will be more inventory, possibly.  Your thoughts here are greatly appreciated. 

2.)  What are your opinions about when this housing bubble will end? 

3.)  How does the Gov know when your 2 year mark of occupying a property is? When you change your address? Change utilities?  Do they ask for anything after closing? 

Thank you in advance for your ideas and opinions.