Source: Tomoeh Murakami Tse, Washington Post ( Free Registration )

In hindsight, Scott Feldman’s decision to sell his first home in late 2006 could have been a case study in a textbook called “How to Time the Real Estate Market.”

Feldman, who works at a private equity firm, sold his two-bedroom apartment on Manhattan’s Upper East Side for $879,000, about 40 percent more than what he paid for it in 2003.

Read Full Article: Pondering when to reenter the housing market