[TrudyM]

Those of you who can take a 100 thou drop in equity I envy you but I sure can't.
Even a 20% dip on a house in Fla is like 50K a 20% dip in our area is more like 150 to 200 K. So those of you saying that all areas are down so bite the bullet and take what you can get I don't understand your math. For many the built equity in the home is one of the main assets that they have for retirement.

In 2006 we made the mistake(in hind sight) of dumping alot of our retirement funds into a fixer in a very high end neighborhood where we had made money when we lived here before. As I can no longer work full time after my stroke accumilating the extra cash to make up the difference is not possible. So if you are all right and prices will not come back I guess we will never be able to join you all in the villages.
In which case I guess I should stop reading this forum.

Bye