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by CareyBot

Michael "Mike" T. Malkasian is president of, a for-sale-by-owner real estate search site. He will speak during Bloggers Connect at Real Estate Connect in San Francisco, July 23-25, 2008. Malkasian answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2008? With more than 25 percent of the current real estate inventory being owned by the bank, I believe the real estate market will remain slow until the banks ease up on their credit requirements for purchasing a home. What advice do you have to help real estate agents and brokers get through this market? As in any industry facing a down market, I would suggest lowering fees to make it easier for buyers to afford a new home and make up the difference in volume. Wh...