1. It can save you money.
According to popular myth, renters are just throwing money away. But when you buy a home, you're stuck with closing feeds, mortgage interest, property taxes, private homeowners' insurance and maintenance. All return nothing on your investment. You're better off banking your money or putting it into the stock market. A recent study indicates that stocks provided investors with nearly 4.6% higher average returns in the past 45 years than real estate.