It might sound contrary to our times, but now is a moment for foresight.
If you can, today is the time to trade up to a nicer neighborhood, a better school district or a better view. Of course selling your home today will get you less money then it did in the boom years, but it also means you should be able to purchase homes in better neighborhoods for a comparable discount.
By making this significant step, you will position yourself for a greater increase in value once the real estate market eventually recovers. Meanwhile you’ll be enjoying a lower interest rate and a better home.