Bloomberg BusinessWeek has posted its latest "50 Most Powerful People in Real Estate 2010" list. The lineup focused mainly on industry experts with the clout to shape the future of residential real estate, and included economists, academics, government officials, property owners, builders, and heads of industry organizations, among others.

Notables included both Karl E. "Chip" Case and Robert J. Shiller, whose research led to the Standard & Poor’s Case-Shiller Home Price Indices. Case has been a professor of economics at Wellesley College since 1981 and will retire this year, the magazine said.

Both he and Yale University economist Robert J. Shiller earned their place on the list for their influential indices and for forseeing the bursting of the housing bubble.

Senator John Hardy "Johnny" Isakson, R-Ga., a real estate broker, also made the list. He pushed to extend the first-time homebuyer tax credit and to establish a new, expanded tax credit program for buyers last fall.

Vicki Cox Golder, the president of the National Association of Realtors, heads the country’s largest trade organization. NAR has about 1.2 million members and spent $19.5 million on real estate lobbying last year, the magazine said. Golder urged Congress to extend the homebuyer tax credit and support the FHA loan guarantee program.

John Stumpf is the chairman, president and CEO of Wells Fargo, the country’s largest residential mortgage lender. The company has completed more than half a million trial and permanent loan modifications and was the second company to sign on to the government’s new loan modification program for second mortgages, the magazine said.

Dave Liniger, chairman and co-founder of RE/MAX International, made the magazine’s list for the reach of the company’s brand — the company has nearly 96,000 sales associates worldwide — and for encouraging more than 10,000 agents to become Certified Distressed Property Experts last year, the magazine said.

Richard A. Smith, president and CEO of Realogy Corp., oversees the company’s massive Realogy Franchise Group, which includes 262,000 agents and brokers from Better Homes and Gardens Real Estate, NRT, Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby’s International Realty.

Other industry heavyweights named in the report include Doug Duncan, Fannie Mae’s vice president and chief economist; Ben Bernanke, chairman of the Federal Reserve; Edward DeMarco, director of the Federal Housing Finance Agency; and Shaun Donovan, the U.S. Secretary of Housing and Urban Development.


What’s your opinion? Leave your comments below or send a letter to the editor.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription