I bought a single family home in Davenport, FL (near Orlando) in 2006, will the housing market rebound here?

Question

Is there any positive indicators to be hopeful?

Answer 1

you might beak even in 7-8 yrs if you're lucky - that's what I'm hoping for

Answer 2

Hopefully you bought a house for either a vacation home or as a family home- to live in/use for many years to come.  If you did, don't worry about it.  If you have a fixed rate mortgage and can afford the payments, turn off the TV and the news when forecosure stuff comes on- it's just depressing.

If you bought it as an investment... in Florida things aren't looking good.  I'd say at least 5 years before things turn around down there, right now prices are still on the decline.