1. Quality of life – a home provides stability and security for you and your loved ones.

2. Pride of home ownership – it’s your personal haven and you’re your own landlord.

3. Historically low interest rates – around 5.5 percent in the U.S.

4. Tax Credit – U.S. government provides a special $8,000 incentive for qualifying first-time buyers if under contract by April 30, 2010 and close by June 30, 2010.

5. Appreciation potential – your home investment can grow in value.

6. Equity buildup and debt pay down – homeowners enjoy an average net worth of approximately $184,000 vs. $4,000 for renters.

7. Leverage – where else can you buy an investment of this magnitude with 5-10 percent down?

8. Tax deduction advantages – property tax and mortgage interest write-offs.

9. Tax exemption – up to $500,000 per couple or $250,000 per person on sale of a primary residence in the United States.

10. The real cost of renting – at $800 per month, with the average 6 percent rental increase per year, you will pay $126,536 over a 10-year period but have zero ownership of the property.