I don't think we are at the bottom but there are several areas that have shown signs of recovery and stabilization.I think the question is to broad to answer from a National level and can only be answered from a local level in my opinion.That being said, many local areas here in So Cal have seen sales increase, supply decrease, buyers increase, and values stabilize.I have also seen sevral areas in Las Vegas where the prices continue to fall, however, the rental market is good and you can pick up properties for much less than the cost to build.

Now, if the recovery was around the corner, some may prefer to bite the bullet in order to cash out then, but I don't see a quick recovery.

sitting in the back in the adidas athletic gear.  

However, ADP reported a loss of 7,000 jobs, saying, “Restaurants and hotels were the biggest job creators during the post-pandemic recovery.

The proper use of leverage when used correctly can be a tool to help you realistically reach your goal with less stress.I hope this helps.Mike, I wish you a speedy recovery & the best of luck to you & your family.

As we could imagine, the recovery amounts will diminish and time will likely extend to recover that diminished amount.

The nice areas you will have some who can't hold on but lot's of those home owners have substantial assets and can hold on for years with a recovery and still be okay.

@Kris Klark  you need a lot of cash to profit for a downturn mainly so you can hold long enough for the market to recover.

Suppose I was told by my doctor I needed an operation withing the next 15 days and I did not have insurance or enough insurance to pay for my operation and recovery time but I have a house.

@Jay Chen The price expectation of an asset, priced well, will reflect the time and expenses it will take to enforce the security instrument and the potential recovery of proceeds.