Should the Home Buyers' Tax Credit Be Extended? Nov 5, 2009
" Even if the tax credit is extended, don't expect it to trigger a quick housing rebound. Although home prices have plunged about 30% on average from their peak in mid-2006, with certain markets in Florida, California and Nevada seeing prices plummet as much as 70%, they haven't troughed yet. With foreclosures still rising and unemployment expected to approach 10.5% in mid-2010, home prices are expected to tumble another 10% over the next six months before bottoming, says Robert Stevenson,... (Time.com)
Pulte Homes posts third-quarter loss Nov 5, 2009
"I question, especially if mortgage rates start going up, what's going to be the real impact on housing sales," said Fox-Pitt Kelton analyst Robert Stevenson. Pulte lost $1. (MSNBC -- Business)
AIG Office to Be Converted to Condos Oct 10, 2009
In a research note released Thursday, Fox-Pitt Kelton real estate analyst Robert Stevenson calculates the profitability of the transaction for developer Young Woo. Woo bought the building from AIG in May for $150 million, which is a per-square-foot cost of $105. (Realtor Magazine Online)
Bibb Principal on Administrative Leave After Assault Accusation Aug 30, 2009
School board spokesman Chris Floore says Appling Middle School Principal, Robert Stevenson, has been placed on administrative leave as of Friday evening. In a Macon Police incident report, a 12-year-old female student says on Thursday, August 20, she got into an argument with another student in science class. (13WMAZ.com, GA)
Toll Brothers lost $472 million in Q3 Aug 28, 2009
But not by much, according to Robert Stevenson, an analyst with Fox-Pitt Kelton. He suggested that Toll could still be slashing prices on unsold homes to get them off its books. (San Francisco Chronicle -- Business)
Florida Highway Patrol troopers Linda Albriton (left) and Kin Weaver investigate a crash that occurred just after 7 a.m. Tuesday and claimed the lives of a mother and her 4-year-old son, according to reports. The accident occurred on I-75 at the 427 mile marker and forced closure of the highway\'s northbound lane for more than two hours. PATRICK SCOTT/Special to the Lake City Reporter Aug 6, 2009
The other passengers in the vehicle Robert Stevenson, 39, Norma Ramirez, 85, and Makeyba Mowlah, 10 suffered injuries ranging from critical to minor, according to Florida Highway Patrol reports. FHP investigators said that a 2000 Ford Explorer, driven by Robert Stevenson, was traveling northbound on Interstate 75 around 7:17 a.m. Tuesday. (Lake City Reporter, FL)
Medaille installs 5 to board Jul 8, 2009
Peter Freyburger, Horace Gioia, Robert Stevenson, Stephen Ciccinelli and Frank Sedita Jr. became voting members of the 16-person board on July 1. They replace Williams Collins, former board chair; Tom Donahoe, Joseph Makowski and Kathleen Owens, who completed their terms on June 30. (Buffalo Business First, NY)
Lennar Seeks to Regain Bankrupt Development Jun 2, 2009
Robert Stevenson, an analyst with investment banker Fox-Pitt Kelton Cochran Caronia Waller LLC, says the Newhall Ranch project is important to Lennar's strategy of maintaining a firm foothold in the key Southern California market, especially as the region's housing industry recovers. Source: The Associated Press, Jacob Adelman (05/30/2009). (Realtor Magazine Online)
Lennar Tries to Reclaim Role in Calif. Project May 31, 2009
Robert Stevenson, an analyst with Fox-Pitt Kelton Cochran Caronia Waller LLC, said the Newhall Ranch project is important to Lennar's strategy of maintaining a firm foothold in the key Southern California market, especially when the region's housing industry recovers, he said. Emile Haddad, chief investment officer for Miami-based Lennar, would resign to become chief executive of the management company that would develop the Newhall properties. (ABC News -- Wire)
Appling Middle Holds Career Fair May 13, 2009
Principal Robert Stevenson says the fair gives students the chance to find a field that interests them and helps them plan their career goals. In your voice. (13WMAZ.com, GA)
Pulte to buy Centex in $1.3 billion deal Apr 9, 2009
I never would have thought Centex and Pulte would have gotten together, but of all the sort of potential combinations out there, its probably the one that makes the most sense, said Robert Stevenson, an analyst with Fox-Pitt Kelton. While beaten-down shares of other homebuilders like Beazer, Lennar and Hovnanian rallied on speculation they could be easy takeover targets, Stevenson was doubtful. (MSNBC -- Business)
Twilight Zone's The Midnight Sun Mar 18, 2009
Shuster), William Keene (Doctor), Robert Stevenson (Radio Announcer) and Rod Serling (Host) ... Deceased cast members include Lois Nettleton (1927-2008), Betty Garde (1905-1989), Juney Ellis (1909-1997), William Keene (1915-1992), Robert Stevenson (1915-1975), Rod Serling (1924-1975). (Suite101.com)
AIMCO shakes up top management Feb 13, 2009
His leaving is a big near-term risk for the stock, REIT analyst Robert Stevenson at Fox-Pitt Kelton Cochran Caronia Waller wrote in a research note that day. Herzog has been AIMCO s CFO since 2005, and in recent years had been the primary public face of the company, Stevenson wrote. (Denver Business Journal, CO)
Recovery in '09? Some Analysts Not So Sure Feb 10, 2009
"I don't have a lot of hope for the spring selling season absent a massive program from the government," said Robert Stevenson at international bankers Fox-Pitt Kelton. "We also have escalating job losses. Every day you see headlines about a different company cutting 10 percent of its work force," Stevenson said. (Realtor Magazine Online)
