House hunting: Is this the best time to buy?...

NEW YORK (Money) — My fiancé and I are saving up to buy a house in the not-too-distant future. We want to take advantage of the housing market, but he’s skeptical about whether this is the best time to buy. When do you think prices will go up? — S.R., Los Angeles I can understand your fiancé’s reluctance given that house prices continue to weaken. The S&P/Case-Shiller Home Price...

Home clearance sale coming from ‘desperate&#...

NEW YORK (CNNMoney) — Home prices are already a third off their highs, but this summer could bring the real discounts. Buyers are still cautious, and anxious sellers will have to price aggressively to get them off the fence. That could result in a “summer clearance sale,” predicts Pete Flint, CEO of Trulia, the real estate web site. “We don’t imagine a stampede of buyers, like outside of...