The Wall Street Journal reports that total compensation for the CEOs of 13 large, public builders increased by 37 percent in 2013, but remains below the peak 2005 peak.
Five years into a housing meltdown, questions are coming up about how long some publicly held home builders can survive without significant improvement in the market.
Toll Brothers' fiscal third-quarter earnings jumped 54 percent with a boost from a bigger tax benefit, but the home builder saw a double-digit drop in revenue as home deliveries fell.
Home prices in some of the worst-hit areas of the country have fallen far below pre-bubble levels, igniting concerns that properties in those markets are undervalued, according to analysis by Zillow.
As part of its multi-year effort to consolidate its management structure, PulteGroup will eliminate as many as 10 executives at the divisional president level or higher, according to a Wall Street Journal report. The cuts come several months after Pulte