I agree. Just rent a nice place in your area. There are fantastic rentals now since so many people are renting out their houses.

My husband and I were in a similar situation a couple of years ago. We lost our biggest business account and were struggling with our high mortgage in L.A.
We decided to move down here to S.D. and rent until the market settled– and I’m so happy we did. We are way happier and will be able to buy a much better house when we do buy.