As to Mugums’ post, I think it depends on what you want to do. If you really plan to live in the house indefinitely, and if you’re financing the purchase, and if you really hate renting, you might as well buy.
If you were paying cash, I’d suggest that you either finance to buy or hold off for awhile until interest rates get higher.
The low interest rates have been pushing prices up, and when looked at from just a price perspective, I’d say that prices are bubbly and due to come down at some point…the question being when, of course. But if you’re financing, the monthly payment is going to be fairly close to rent, and that’s an indication that buying is probably the right choice, especially if it’s a very long-term purchase.
Welcome back, and good luck on your house hunt! FWIW, I would at least wait until September-December to buy, as you can usually save tens of thousands of dollars vs. purchasing in the late winter-early summer months because of seasonal changes in the market.