Dow Jones and Co. internet publication site, MarketWatch, recently published an article authored by Caliber Home Loans, Inc. ("Caliber") Chief Executive Officer, Sanjiv Das. Das highlights how the housing market has a major impact on the broader economy.
“Housing investments make up as much as 18 percent of the US growth rate, according to the Association of Home Builders. So, what happens in the housing market is quickly felt across our country,” reports Sanjiv Das.
Student loan debt, housing shortages, and uncertain rate changes have been named when discussing the contributing factors for new home buyers when attempting to enter the market.
Read the full article here.