Well. I'm a little late to this thread...but I figured I'd chime in since the girlfriend and I decided that renting was for suckers and we bought a condo in January. It's a 1-bedroom loft right in downtown Dallas. It was a 5 year old building that was just renovated and converted into modern-style lofts - and as they were trying to sell over 100 units all at once, the prices were low compared to similar properties in the area.
We feel that we got a great deal and that it will probably go up in value considerably over the 5 years we plan to live in it. It's got granite counters, 12' celings, concrete floors, fantastic location, a second parking space, washer and dryer, and stainless steel appliances for the kitchen. The best part was that we managed to crunch all the numbers and after the downpayment, our mortgage payment is pretty much the same amount each month that we were paying to rent.
Here are some images from the website of the building and model properties:
Anyways...we were pretty happy with our experience and after four months are just about moved in.... we're still looking to add more bookshelves (ours are all but full) and I've still got some star wars unpacking to do (vehicle hanging) - but...yeah....so that was our buying experience.