Study Group: Homebuilders Industry Accounting Experts(?)
Council Members in this Study Group: 33
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Leading Experts in this Study Group
John BurnsPresident
John Burns Real Estate Consulting, Inc.
John Burns is the President of John Burns Real Estate Consulting, which helps real estate industry executives by analyzing and summarizing the information they need to make decisions with more confidence. Mr. Burns is on retainer with a number of companies, both in the housing industry and Wall Street,...
Eli Bartov, CPAProfessor
New York University (inc)
Dr. Bartov, PhD, CPA, is a Research Professor of Accounting at the Stern School of Business, New York University. He has authored numerous scholarly articles on issues of accounting earnings manipulations, earnings quality, equity valuation, executive stock options, insider trading, market efficiency,...
FormerChief Financial Officer
Technical Olympic USA Inc.
David J. Keller most recently served as the Chief Financial Officer and Treasurer at Technical Olympic, a NYSE national homebuilding company. Prior to this, Mr. Keller served as the Chief Financial Officer at Citifinancial, a subsidiary of Citigroup. Previously, he served as the Chief Financial Officer...
Director of Internal Audit
Security National Financial Corporation
Stephen Turner is the Director-Internal Audit of Security National Financial Corporation, UT-based insurance provider and mortgage wholesaler. He has over 25 years of experience in domestic and international manufacturing, construction, and financial services. Previously, Mr. Turner served as a Project...
Senior Vice President, Chief Accounting Officer
The Corky McMillin Companies
Greg Schulte is the Senior Vice President, Chief Accounting Officer at The Corky McMillin Companies, a large, privately-held full service residential and commercial real estate development and homebuilding company. Mr. Schulte was also a self-employed consultant, and an audit partner with the Big 4...
Chief Operating Officer
GENESIS RESIDENTIAL GROUP
Greg A Steers is the Chief Operating Officer at Genesis Residential Group, FL-based real estate development company. He also serves as the President of Trinity Builders, a FL-based project development, marketing and construction company. Mr. Steers has served in Florida markets since 1999. Previously,...
Related Study Groups
GLG NewsSMAnalyses by this Study Group's Leading Experts(?)
- Centex scrapped cutting edge solar panel program in Naples Florida community last year due to expense. - This was after a hand shake agreement with local environmentalist Clyde Butcher to provide solar to Naples community in exchange for his endorsement. - A hand full of houses were completed...
Home prices have indeed experienced significant corrections. However, some reports of price reductions may be exaggerated due to innacurate methodology.
The housing bust is not over and trends continue to be negative. The only positive activity is that homebuilding stocks have gone up, without a good reason. We still have a ways to go to work through all this.
Not capitalizing interest in inventory causes acceleration of losses and deterioration of book value.
Recently, stock prices of most public homebuilders have increased 20-30 percent. This despite no visible signs of improvement in the overall housing industry. It seems early in the cycle for these stock price upward movements, as it appears the housing market has not yet found bottom. ...
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