Thinking about selling your home? This may be the time

We were going to see for a very nice profit, but looked at what was available for rent. Our profit would be eaten up in 5 years with the higher rent costs.
So, I guess we will have to hold on here.

A lot of the driving force for apartment rents are people selling then realizing they have no place to move too.

No, it's not... I have to live in a home and when one factors in the fact that home prices are all going up, selling my home now leaves me with the need to buy another, pay those closing costs, pay for moving, etc. All for what? To buy the same class of home (assuming costs remain the same and don't continue to rise after the sale of my own)? Now, if I were renting out a bunch of homes (which I'm not), only then would I consider it. The thing is, rent is going up and the demand is high, so why sell those homes unless you're cashing out?