ORLANDO, Fla. -- Several years ago, experts predicted that the housing market would turn around by 2010, but newly released numbers show Central Florida homeowners who are hoping to sell are still out of luck.

Debbie Weller currently has her College Park home on the market, and she is already bracing herself to sell it for less than she paid for it.

"You put your money into your home, you know, you always thought it would be an investment for the long term. You knew you weren't going to lose," Weller said.

Orange County property appraiser Bill Donegan said the situation is bleak for homeowners.

"It's the worst we've ever seen in Orange County in the history of the county," Donegan said.

The total taxable value of all municipalities in Orange County dropped $11 billion from 2009. Orlando dropped 14.9 percent and Winter Park dropped 10.1 percent.

Donegan said most people may see a slight decrease in their property tax bill this year, but that comes at the price of their homes losing value.

"A home is normally an individual's most important asset, so, many people now owe more than the house is valued," Donegan said.

Weller is trying to weather the storm and she is advising her adult children to do the same.

"I have children getting married next year and I don't know what I would tell them, to purchase a home this first year. I'd want to wait this out," Weller said.