Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

David Michonski is CEO and chairman for Coldwell Banker Hunt Kennedy, a major real estate brokerage company in New York City. The company was originally founded in 1988 by William Morris Hunt III and JoAnne Kennedy -- David Michonski and Coldwell Banker acquired the company in 1996. Michonski will speak at the Real Estate Connect conference in New York City, which runs from Jan. 7-9, 2009.He answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2009? A bottoming and slow recovery. Prices should bottom in the winter and it should be a recovering spring market. There is just too much pent-up demand and with building permits plunging and with new construction grinding to a halt. Everything is now in place to sop up the huge excess ...