Demand from first-time home buyers has hit record lows with mortgage rates stuck near 7%. One corner of the market shows it is worryingly weak even with rates at 5%. Big home builders such as D.R.

The market for first-time home buyers in America is dismal. Since 2021, the annual income needed to qualify for a mortgage has increased by 60 percent, driving the median age of a first-time home ...

First-time buyers are taking advantage of deals and incentives from home builders. That’s not necessarily good news for the financials of the companies offering them. The national housing market looks ...

The latest survey from the National Association of Home Builders showed confidence ticked up in December, but two-thirds said they’ve had to offer incentives lately to get buyers to commit. More home ...