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by CareyBot

Poll: Most see housing downturn worsening About three out of four Americans think the housing crisis has not reached its worst point, but nearly half think conditions will improve once a new president is elected, according to a Harris Interactive poll commissioned by Move Inc. Among prospective home buyers, 81 percent said they face barriers to buying in the current market. High home prices, money for a down payment and lack of confidence in the economy were the most often cited barriers. Only one in 100 current homeowners plans to buy a home in the next six months, compared with 2 percent of renters. About 4 percent of current homeowners say they plan to buy a home in the next 12 months, and 7 percent of renters. The greatest barrier to home ownership, cited by 31 percent of...