I am probably going to move soon and I fear trying to sell my Sparks home in this market. Fortunately, I can dump it if I have to and still make money. A lot of homes have been on the market for 10+months as they chase the prices downward. In our neighborhood prices are down 60K from what they were at the height of the boom.
The market won't be down forever, and I know for a fact there are a lot of investors, and others just looking to purchase homes..They're just waiting, watching for the prices to start leveling out, and they are going to jump.
When that starts happening, this will turn around in a big way, very quickly...IMO.