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The big annual convention for the National Association of Realtors kicks off tonight in Las Vegas. Among those scheduled to perform at the four day conclave: comedian Bill Cosby, singer James Taylor and football coach Lou Holtz. The Realtors could use a little breather. Through the end of September home sales were running about 19% below the level of last year.
The scheduled panels reflect the current business climate. Among them: Evolving Your Company In A Changing World, Ten Steps To Success In A Softer Market and Marketing Without Money.
The Realtors celebrate their 100-year anniversary this year. I expect they’ll survive for another century. As if to emphasize that point, historian Doris Kearns Goodwin is addressing the group on Thursday. She’ll speak on Leadership Lessons From Abraham Lincoln.
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.