For those with underwater mortgages this is not true, unless you believe bankruptcy is a viable option to move in domicile. Do you have kids in school PG? Would you actually yank them out three times in a year to move to three different domiciles if you were junior? Reasonable people would not for the sake of their children.

Fortunately the housing market has turned around nationwide, making home selling more viable today then it was in the past five years in this economy.