Re: Sell her home and rent?
Is your sister having trouble staying on top of home managment tasks like maintenance & repairs updating insurance, paying property taxes, doing yard work or having it done? If not, and if she's proud of her home and enjoys living in it, knows and likes her neighbors and feels a part of her community, why change things? Does she need the money? Is there something else she;d like to do with the money, like travel for a few years? Even if she needs more $$, could she rent out a room instead of moving? Here's a data point: my monthly expenses in ym home are about $600 for insurance, prop taxes, yard work, and maintenance--no way could I rent an apartment I'd like in my town for that little.
My mother is 80 and bought her current house at 78. She is very detail-oriented and punctual, always proactive and on top of things, keeping up with everything from bills to preventive maintenance. Her home & yard look like a showplace every day, and having grown up working poor, she's mighty proud of it. She llikes her social life here, too. I wouldn't dream of encouraging her to sell her home, RE market top or not, unless she was actually running out of money or developed dementia or something.
You can't always get what you want, but if you try sometimes, you might find you get what you need.