WASHINGTON — Due to an improving jobs market and better credit conditions, homebuilder D.R. Horton, Inc. is betting the time is right to cater to the first-time homebuyer.

"The first time buyer will be the next segment of the business to recover," said Donald Tomnitz, the firm's chief executive.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.