Originally Posted by Green Goblin

Then I hope you aren't looking foward to moving anytime within the next 5-10 years???

I'm not kidding either. The market is only going to get worse and worse and worse. Every few months the projections keep getting pushed back farther and farther... whatever you do, don't listen to a Real Estate agent as they are on auto repeat "the market is coming back any day" ... they've been saying that since the end of 2005 (no joke) and its now 2008 and its dismal and this is only the beginning. (Lennar homes announced they were selling homes for 40% of what they were orignally valued at)!!!

Based on current projections the market should bottom out around 2012. When the market will come back to the value levels everyone is used to is anyones guess? 2012 is the projection for the bottom, nobody has any idea on when the market will come back.

Sell now, if you can, which most people can't, because everyday that goes by, your house depreciates more and more and more.

HTH