In October, The Wall Street Journal interviewed Caliber Chief Executive Officer Sanjiv Das to collect his insight on a current trend in U.S. homebuyers’ mobility rate. In the article, it’s reported that because of low inventory, American homeowners are choosing to stay in their existing home longer than they used to.
“This is supposed to be an economic recovery, where people are supposed to [trade up] their homes,” said Sanjiv Das, CEO of Caliber Home Loans Inc., “And we haven’t seen that.”
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