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by CareyBot

Douglas Heddings, senior vice president for New York City's Prudential Douglas Elliman brokerage company, is also owner of the Heddings Property Group LLC and he blogs at TrueGotham.com, which carries "dispatches from the front line of New York City real estate," according to a site tagline. A Manhattan resident since 1989, Heddings will speak during the Inman News Real Estate Connect conference in New York City, which runs from Jan. 7-9, 2009. Heddings responded to a set of questions posed by Inman News: What do you see happening in the real estate market in 2009? Further depreciation to a point where buyers return to the market and transaction volume increases. Credit will also loosen up and become more available but obviously never at subprime-like levels ... tha...