We are relocating in July 2013 for a new job and would love to settle down long term to the Burlington area. we have faced the same situation with regards to housing and heard the same story. It would be great to own too, though as a non profit manager and college administrator we dont make alot of money. Also purchasing a home takes a bit more than just an application, first and last months rent. and security deposit.
The rates are low now but down payments are not what they used to be in the last decade.