First-time homebuyers are 'really struggling,' says Ivy Zelman

Joining us this morning with a reaction is Zelman, executive vice president Ivy Zelman. Talk about some housing for 26. Ivy, it's good to see you again.Thanks for being with us. >> Thank you. >> Thanks for having me.>> How would you characterize the backdrop right now. >> Very challenging. I think that the first-time buyer is really struggling and builders while rates have come down some, that might be giving them some optimism for the spring selling season.I'd say it's really tough out there. Um, we've bee ...