Wait or buy? What to do when home prices rise faster than down payment fund

If you’re trying to break into the housing market right now, you may find that your down payment fund isn’t going as far as you thought it would. Record-breaking rises in home prices mean the targets you set to save, say, 20 percent of your expected home purchase price may no longer cut it.

Bubble watch: 1st dip in 7 months for Southern California home prices

That six-month “winning streak” tied for the fourth-longest upswing since 1988.