What have you lost?

I have spoken to many people who would like to sell but will not sell because the values are down.

This is my question to them as long as they do not owe more on the home than they can get for it or even if they have cash to bring to the table to close.

If you sell for $50,000 less than you could have two years ago relocate and buy back for $50,000 less than you could have two years ago what have you lost? I am no genus but seems to me you lost nothing.

When the market comes back it will not just be for your house alone. If you get $50,000 more for yours and pay $50,000 more for what you buy, what have you gained? Seems to me nothing. If interest rates go up you get to make a larger monthly payment.

If you are upgrading and sell a small house for $50,000 less than you could have two years abo and buy a larger house for $80,000 less what have you lost? I am no genus but seems to me you are $30,000 to the good.

If you plan on staying in your home for many years as I do and the value is down what have we lost? My home still keeps me cool in the summer and warm in the winter and dry when it rains. I have never went to the grocery store and paid less for anything because I had equity in my house: have you?

I know what you could loose. You could loose the lowest mortgage payment you could ever have if you do not do something while the rates are so low.

I know the time is not right for everyone to buy. To buy you need to know that your job/ability to make the payment is secure. However if you know your ability to afford the house is secure have you ever saw a better time to buy?