Have we hit bottom?

According to Inman on 5-18-09 practitioners are optimistic that home prices will hit bottom in the next six months, according to surveys from www.HomeGain.com that were just released. At least in my market I've noticed the strongest surge in buyer interest than in the past few years. My phone is ringing off the hook, and I just lost out on a house that had 25 offers and is selling for over $100,000 over the asking price. It's a 3+2 house on Wapello in Altadena. Seems like 2005 all over again.