You can decide to purchase a home for a multitude of very good reasons. For some it could be a strategic move to be closer to schools or your workplace. Some people move to be closer to family and friends. Others have moved as their family size has changed and they need either more space or less space accordingly.
Some of the advantages of home ownership are:
Your home's value will most likely increase over time. Houses experience “appreciation” which means the value of the house increases as time goes on. The house that you purchase this year will be worth more...and sell for more down the road
Your home can become a statement of your personal expression as you'll have control to change the interior and exterior of the house to suit your style.
Increased storage space is one of the benefits of a home vs most rental apartments out there
Pride and enjoyment as you and your family create memories over the years in your home.
