My wife and I now know of 4 other couples who have got caught with 2 houses in a declining market. They bought a new home, and were "sure" that the old one would increase in price, so they waited to get a high price for the old one. Now the peak in prices has past, and they have 2 mortgages, 2 property taxes, etc. etc. They live in their declining asset, and regret it every day.