Is it the right time to buy a home or rent ?

To analyze whether you should buy a home now or still rent it depends on so many factors including:
- How long you will live in the home?
- How big you want the home?
- How much you can afford?
- What is the market trend?
- How much rent you are paying?
- Property tax
- Mortgage rate

You can analyze here http://www.ginniemae.gov/