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One-third of real estate CEO comp is variable, up from 2016

Housing Wire

This is up considerably from 2016, when the last report was published. “A Regional sales managers, general sales managers and office sales managers have a much higher variable compensation — earning bonuses and benefits — than they did when RealTrends published this report in 2016. Breaking down the numbers.

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Goldman Sachs Monitor ‘Closes the Book’ on 2016 Settlement

Appraisal Buzz

The post Goldman Sachs Monitor ‘Closes the Book’ on 2016 Settlement appeared first on theMReport.com. The post Goldman Sachs Monitor ‘Closes the Book’ on 2016 Settlement appeared first on Appraisal Buzz.

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Housing starts see biggest increase since 2016

Inman

Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data.

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CoreLogic promotes industry veteran to lead real estate business

Housing Wire

Greene began his tenure at CoreLogic in 2016, where he held key roles in strategic leadership and sales capacities. . (…) I look forward to guiding my team as we set the pace to transform the residential real estate industry,” Greene said in a statement.

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Relitix’s Agent Movement Index shows continued real estate agent recruiting slowdown

Housing Wire

The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016. This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%). The most recent trailing 12-month value shows a new low of 89.4,

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Houston must return $45M in unused affordable housing funds

Housing Wire

Officials in the administration of Mayor Sylvester Turner — who served in the office from 2016 until January 2024 — “promised to build hundreds of homes on them,” according to the local reporting. Instead, the city failed to begin construction on the homes in a timely manner.

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Embrace Home Loans names new president

Housing Wire

He held various roles at the company before being promoted to the position of vice president of sales strategy and recruiting in 2016, followed by a stint as senior vice president of retail and direct sales starting in 2019. Hardiman first joined Embrace Home Loans in 2008 as a project manager, the news release stated.