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@MissBoPeep: Paying your mortgage on time every month will help to rebuild your credit. Revolving credit (credit cards) usually isn't what boosts your credit score, but can seriously damage it if the accounts aren't paid on time. Things like your mortgage are solid and will help to rebuild your credit over time.
I'm sorry that you're not able to buy a house right now, but hang in there. Who knows, down the line, your condo might have been the best investment you've ever made!
Have you tried renting out your apartment and renting a place yourself elsewhere? I know it sounds crazy but I have had friends who did this while waiting to sell their home.
Is there ANY way you could move in with family or a friend for super cheap rent and rent out your condo for a year to cover the mortgage? I know it's a step backwards sort of but it may help you save and be a change of scenery without losing your downpayment. Can you get a secured credit card?
@2PeasinaPod: Here's hoping! Logically I know that it's not the end of the world, and eventually my credit score will start to go back up, I'm just having one of those "woe is me" kind of days.
@marthanotstewart: @Snow00774: I'm just going to have to suck it up and deal with living there until I can afford to buy a house. The amount I pay for my mortgage is so much lower than rent anywhere in the area, and I don't have any family I could live with right now.
I'm in the same boat as far as buying a condo 6 years ago and not being able to sell it without taking a huge loss 
It stinks, but hang in there. We're thinking of renting it out and buying a house but feel that we should have a lot more money saved first, so pushing it off for another year or so. It's disappointing but I'm sure it will all work out in the long run.
Just know that you are not alone and there are way too many people in the same situation!
@Spinwife: I'm sorry you're dealing with that too! When I bought it I got a good deal on it compared to other condos in the neighborhood and compared to how much the units had sold for in the past, so I thought I would be fine when it came time to sell it, it's still seems like it should be worth about what I paid for it or more when comparing to other condos in the neighborhood, it's just this one guy selling off the units in my complex that's screwing with it. I have a feeling he just wants to get rid of them as quickly as possible.
If it makes you feel any better, I will most likely never have an actual house since the tradeoff in NYC means putting up with a terrible commute. I would really love to have a detached home with a yard and more than one bathroom for gosh sakes!
Also, I had bad credit several years ago due to paying my credit cards late and having a delinquent account. It was really stupid, but I was just too lazy to stay on top of my bills and would pay things sporadically instead of once a month. But after only 2-3 years of paying on time really improved my credit and I think after 7 years it will be erased. So really the most you have to wait is a couple of years and at that point hopefully the market in your area will have improved!
@moderndaisy: I think I would be ok with a condo or an apartment in the city, but I live in cow country! Lol :) I do hope my credit improves in another year or two, it's been just around a year that I've been out of debt and it just feels so discouraging to not see an improvement after what feels like forever.
I'm kicking myself for falling in love with a house I can't have. It's killing me that I found a house (by accident, I swear I wasn't looking!) that has everything I want, perfectly withing the price range I could comfortably afford, and other circumstances are preventing me from buying.
Off to cry in a corner...Kidding... sort of... 
@missbopeep: Well, hopefully if they're priced way low they'll sell very soon. That would definitely help the situation!
My husband actually bought our condo before we were together. He overpaid for it by 2005 standards and now that the market tanked, we would take a $60,000 (at least) loss if we were to sell now. Pretty depressing! But it is what it is.....we would really like to buy while the market is this way so it's looking like renting is our only option. Hopefully next year!
@Spinwife: Yes, I do hope they're off the market soon so mine is the only one available when I am able to sell. I just hate that now people are going to be able to see what the units have sold for in the past, and want to know why the hell mine is listed at $80,000 - $90,000 when the last 3 that were sold were sold for less than $50,000. I do hope everything works out for you guys though and you're able to buy your house soon!
@moderndaisy: If it makes you feel any better, I will most likely never have an actual house since the tradeoff in NYC means putting up with a terrible commute. I would really love to have a detached home with a yard and more than one bathroom for gosh sakes!
This is pretty much me as well. DH and I can't even afford a condo in this stupidly expensive city, let alone a house. Anything far enough out in the boonies to be affordable means a ridiculously long commute, which would cost me god knows how much in increased gas consumption, and cost DH ~$100-150 per month for a bus pass when he can currently walk to work in 15 minutes.
If I didn't love this stupid city so much, I'd hate it.
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I’m feeling blue today. I know it’s my fault, and I know it’s jealousy because I feel like everyone I know is buying a house, but it is what it is and I’m feeling down. I want a house. Maybe I’m being melodramatic, but when I think about it my heart just aches because I want a house so badly and I royally f***ed myself.
Three years ago I bought a condo, which was great, it was a lot cheaper than renting and I actually own it. Except now I hate it, I absolutely hate living there. My neighbors are awful, the space is tiny, and for the love of pete I just want a yard, or a porch, or some place to go outside. I hate that I can’t just go outside and read, or soak up the sun, because there’s nowhere to go. Sure, I could sit in the parking lot, or drive to a park somewhere, but it’s just not the same. (Yes, I realize I’m whining.)
Now I’m stuck in a position where I hate where I am and I have no way of getting out of it. About half the units in my complex are owned by one person who rents them out, and now he’s selling 3 of them for a whole lot less than I paid for mine, so I can’t sell unless I want to take a significant loss on the place, because why in the world would anyone buy mine when there are 3 identical units for sale for thousands less, and in that case I can just kiss all the money I used for a down payment good bye.
On top of that, even if I could sell the condo and come close to breaking even, I couldn’t buy a house because my credit is sh*t. I’m trying so, so hard to rebuild my credit, but I feel like I’m getting nowhere. I worked so hard to get out of debt, and I finally paid off every single debt I owe (besides the mortgage, which is paid on time every month) and my credit score is still completely in the toilet. I don’t know what else to do and I feel stuck. I can’t get a credit card, I can’t get a loan, and I can’t do anything to rebuild my credit.
Sigh. I just feel so stuck. I’m not where I want to be in my life and I don’t know how to fix it.