@santa, yes even it's seller's market i am saying you should buy now because house price is not going down any time soon for sure. Even though it's seller's market, rates are extremely cheap. Remember back in the days (prior 2009) rates were >5% now it's lesser than 4% for 30 years.
Well you can argue saying 'what the heck it's just 1%' but when you calculate the total interest pay between 4% and 5% for 30 years for 400K loan then it would be around 100K.

Also if you ask me, paying for rent for your apartment is nothing but throwing your money in the gutter. Not only you are gaining no equity but amount you pay for for the rent is already taxed money. So you already adding 25% on top of the rent unknowingly. On contrary to that, paying for your house seems large amount of money but you are gaining equity and interest you pay for the house is tax deductible. Also no one will kick you out of your house or increase your mortgage where as in apartment you see increase in rent every lease term.