After some discussions with the wife, we decided not to go forward with looking for new houses and instead stick around here. It comes down to a couple of issues:
1. To move where we wanted to, we would have basically had to go broke doing it.
2. There are some major aspects of the process that are outside of our control and have a negative impact, namely the soft housing market in this neighborhood.
We have decided on an alternate plan of action, or at least we said we'd sleep on it. I will share the alternate plan of action when we're a little further in the process, or at the very least, had some sleep. ;)