Whether you are buying a home or in the process of renting a home there are key factors to consider depending on your wants and needs.
First is deciding which is more beneficial for you leasing or buying. If you are planning to stay in an area for a temporary amount of time a lease maybe best for you. If maintaining a home and being responsible for necessary repairs is not something you wish to deal with leasing maybe for you.
At the time of this blog post the housing market is filled with short sales and foreclosures. This is definitely a buyers market. Take your time to find what suits you.