I thought this was a pretty cool site. It has you put in your data to determine whether it is more prudent to buy or rent. Yes, even a good realtor will tell you if you should wait on buying a house. I would not want someone to get into something they can't afford and it is best to go to some independent site like this that has no interest in selling you a home or loan to get good free advice.
http://www.ginniemae.gov/rent_vs_buy/rent_vs_buy_calc.asp?Section=YPTH
Enjoy
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