The majority of San Franciscans are trying to figure out if (or how) they will ever buy a house in the current market, while a minority find themselves contemplating a sale of their primary residence in order to “cash out” on a bubble. CNN/Money weighs in with four options for those considering a sale of their home:

Option 1: Cash out and sit it out
Option 2: Cash out and invest
Option 3: Cash out and downsize
Option 4: Cash out and stay put

We’re partial to Option 3 and share a bit of advice: trying to “time the market” almost always underperforms a “buy and hold” strategy over the long-term. But be prepared for the long-term to be 10, 15, or 20 years…