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 ...

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 ...