My wife and I are considering our options as far as a potential move goes, and I may be getting a new job very soon if this last interview goes well (TBD!). We aren't completely opposed to renting, but we do have a strong desire to own our own place. One thing that's running through my mind is the potential to find a bigger space (even while renting) as we will be starting a family before too long. That would allow us to continue to save for a future home, and avoid losing the cash to a down payment.
On the other hand, we could comfortably afford something in the 275,000 to 300,000 range. I'm just trying to get as much information as I can in order for us to make an educated decision. I currently have 15,000 in student loans to pay off, so that plays into it as well. She is debt-free.