The best time to think about selling your home is when you buy it.
If there is something about the house that bothers you, it will bother future buyers. For example, busy street, bad school district, odd lot layout, ect.
Rates are pretty low right now, would be silly to pass up locking in at these rates. From here rates can only go up, can you afford an $800 a month jump in payments?
I purchased my first home this past summer. Its fun but it costs me $$113k in down payment, $25k in closing costs, another $3k to move and set up/close/chnage names on utility bills, probably $20k for some new furniture and windown treetments, etc. Right now I'm doing renovations that are running me $65k.
When you buy a home you need to think of all the costs involved, like heating and cooling the place, electricity-phone-water-cable bills. Some of these things you probably never paid for nor cared about when living with your folks.
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