Home sales recovery: A state of mind?

A new online poll indicates that we have a ways to go before the residential real estate market in this country returns to anything resembling "normal" because the vast majority of those polled -- 69% -- don't even believe we have hit the bottom in home sales.

That means that if you are looking to buy, you may hold off, thinking you will get an even lower price soon, while if you are looking to sell, you may hold off, thinking you will get an even higher price soon. Not exactly a vibrant marketplace that we are talking about here.

The HousingPredictor.com poll asked the simple question : "Do you feel your housing market has hit bottom?" 31% answered yes, while 69% said no.