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by CareyBot

Editor's note: With the end of a year marked by weakening housing markets drawing to a close, the question on many industry professionals' minds is "When will this market hit bottom and when will it start to recover?" In this three-part series, Inman News seeks insight from housing analysts who go deep to paint a picture of housing in 2008, compares this downturn to past cycles and seeks input from agents on how they are reacting with their business plans. (Read Part 1 and Part 2.) Real estate agents in hard-hit housing markets are rushing into survival mode -- at least that's the case for many who plan to stick around. That may mean working with distressed properties, developing or fine-tuning other specialties, rethinking marketing strategies, or strengthening relations with pa...