How can I purchase a new home when I have no equity in my current home?

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How can I purchase a new home when I have no equity in my current home?

I currently own a home and make my monthly payments without any problem. My wife and I make nearly 50 thousand more a year then when we orginally purchased our home. Unfortunatley the housing market has crashed and I have no equity in my home and my mortgage is probably more than what my house is worth. I need a bigger home. What options do I have?

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