A more appropriate question than “should I sell?” is “CAN I sell”? There are not a lot of people these days who are able to pay $900K for a house in North Park, no matter how nice it is. Loans are much harder to come by than when you bought in 2005, so you’ll need a buyer with a lot of cash. Buyers with lots of cash are usually wealthy, and of course wealthy people usually become wealthy by being careful with their money. Paying $900K for a house in one of the US markets most at risk for further price declines is pretty risky. My guess is that few wealthy people would want to do it, especially considering what else they could do with their cash and still afford to rent a similar place for less money. You might get lucky and find a buyer that has just inherited some money, won the lottery, or closed a big drug deal, but such people are pretty rare. If you can afford the house, I would say hunker down, enjoy it, and stay in for the long haul. That is a nice neighborhood and it sounds like a nice house too!