“My financial advisor just informed me he sees us coming out of the bottom right now. He sees things starting to improve the next 6 months.”
You need a new advisor.
One thing to remember, this is not a housing crash, this is a 30 year credit crash and people are going to have to live within their means. Credit is dead to those that are not credit worthy.
Based on what?
His professional opinion is just that. An opinion. I have some investments I wanted to move. There is no place for me to move them that would overcome the penalty.
I would have moved my investments, in spite of his advice, if I thought it would improve.