There are so many perks, advantages and feelings with becoming a home owner. Home ownership is an investment. Unlike a car and many other purchases that decrease in value, a home is a purchase that appreciates over time.
A home is an asset. Paying a mortgage increases your equity in that asset, which is better than paying rent. You have no landlord to answer to. Plus possible tax benefits!
Lastly, owning a home means you have something to pass along in the future. This could be very important for you and your children, assuming you have or want some.
All in all owning a home can give one the feeling of accomplishment and knowing that the home is yours. You can make long term plans, and feel good about them!