Hi to everyone who posted a reply to my question! Your comments are much appreciated and I have had some things to consider, thanks to you.
As far as selling the house or keeping it, we can keep it for awhile and it will cost us a few thousand to do that. If the market continues to drop, even through next spring, then it wouldn`t be a good idea. But, if the market improves as it typically does in the spring, and we can sell for 10 - 20k or more than now, then we will be better off to hang on. It`s just that I don`t know much about predicting the market and what it will do in the spring.
I am on the waiting list for the Edmonton Quickstart program, but it doesn`t look good. By the time I get into the next Quickstart program, it will be too late to make the right decision about selling the house - whether now or later.
I am leaning toward keeping it short-term and selling in the spring. I am assuming that the situation will greatly improve by then, even with a Royalty Review disaster. I am not an investor - not yet anyway, but I know keeping the house will cost money, but I expect to recover it and more, when I sell in the spring.
In any case, I feel a bit more confident in making a decision than before I posted, so thank you!