Pessimism about 2009 recovery

The real estate industry is coming to grips with the realities of the housing market and most professionals are not predicting a turnaround until 2010 or later, according to early results from an Inman News survey.

Those results are based on responses from 559 readers who completed the 21-question online survey. The survey asks participants to weigh in on: current and future market conditions, new regulations, new business models, and other business practices and trends.

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