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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes and some have been removed from the market and relisted as rentals. [/quote]

My DH and I are moving our family into a larger house and listing our current house as a rental.  I think we would be lucky to break even if we sold.  Makes more sense to rent right now. (Luckily we can afford to do this.)[/quote]

+1 It's sometimes better to wait and either rent or even just hold the property until the market bounces back rather than cut $200-300K. The market generally isn't down for long periods in the DC area.

We did the math for a beach property we just took off the market. [b]Our carrying costs [/b]are so low that it doesn't make sense to take lower offers. We're looking at renting or even just letting it sit until the market improves.[/quote]

Oppurtunity cost for not using equity for few years should be added with carrying cost.

For example, if you can have 500K now vs 600K 3 years later then cost = carrying cost + lost oppurtunities with 500K. Assuming no loan here, but poit is same. [/quote]

Getting 600K after 3 years is not the same as getting it now.

500K lsst 2 years would have produced safe 50K in interests without any risk.[/quote]

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