IMO you'd probably get a good price for it now, but things may well be different come autumn. The liquidity can go out of the real estate market really quickly. Right now I personally wouldn't feel comfortable carrying a mortgage unless it was a very small percentage of the value of the property. If that's not the case, and your family would be amenable to renting, then that's what I'd recommend. Renting is just paying someone else to take the price risk for you under these circumstances, and cashing out equity could mean you'd have cash on hand during a liquidity crunch (ie when it would matter most).