Yes, though for the market price there should always be buyers. And you already made the loss on your house, and your books would reflect this if you marked-to-market.
By sticking around in a depressed area your are just depressing your earnings.
(It's something different, if you have to come up with cash to pay off your mortgage; instead of just being able to keep paying the normal rates after you sold your house.)
By sticking around in a depressed area your are just depressing your earnings.
(It's something different, if you have to come up with cash to pay off your mortgage; instead of just being able to keep paying the normal rates after you sold your house.)