Sounds like you may have lost your home - if that is the case you probably paid too high a price based on your ability to make the payments.
I say this based on the emotion apparent in your reply.
The painful fact is, the value of an object is determined by the buyer and seller at a point in time. Circumstances change - and willing and able buyers are not always plentiful - when that is the case - prices fall.
When buyers are eager and abundant - prices rise. Neither I nor anyone else can predict with confidence rising or falling prices of objects.
Please take a class in macro economics - it may help protect you from paying too much in your next major purchase.
Because I have extensive education in economics - coming from a military logistics back ground and having studied the reasoning behind the strategic aspects of the second world war I saw this coming.
The situation the US is in was predictable with even an elementary understanding of basic economics - as opposed to a smattering of high finance that neglects the fundamentals.
Housing is a necessity that is not a durable good. It costs money to keep them in repair.
Millions of the homes on the market now are going to fall into dilapidated ruin, as the cost of maintaining them exceeds what they can ever be expected to sell for. The wide prevalence of abandoned buildings will likely bring about the rise of a culture of squatters like they have had in Europe for years. Eventually communities will probably begin to torch abandoned dwellings.