The value on our house dropped by about 80K since we bought it according to the lender we refinanced through two months ago. We would love to move since we're outgrowing this house and as you can probably guess by some of my other recent posts about our fine city, things are a bit more exciting than we'd prefer. Having cops searching our yard for two idiots with guns while you're home alone with both kids is thankfully not a normal occurrence..
The main problem is that so many people in our neighborhood have been foreclosed on, then those houses sit abandoned, then people break in and steal all the copper pipes & trash the place. One of the houses out behind us is still vacant after that happened a few years ago.
Plus I'd like to move a little closer to the school the kids go to. It's about 25 miles from here, but it's a 40 minute drive.