1. Renting - Renting is throwing away money. It is comparable to leasing a vehicle. Renting is just like just paying to borrow something that you will never own. The paying will never stop and there is no equity in it. Your landlord will give you nothing in return when your tenancy has come to an end. You can just at least get an affordable house and lot with a mortgage or loan, with this you will be paying someone (a financial organisation), but this is in order to eventually own the property. 

2. Qualification - If you are qualified to get a home loan now, better get one. You never know what can happen in the future. Qualifying for a home loan is likely to get harder, not easier in the future. 

3. Loan - There’s more to loans than just getting the money and paying for it. Loans will be able to help you get the house that you need, but some are hesitating in trying to get a loan for something that they need or could invest on. No one in his “right mind” will take the risk of lending you money knowing that you won’t pay it back! Well, only friends and relatives do that.

That’s why banks, non-profit foundations and other lending companies always impose interest on loans. Well, it will not be called a loan if it doesn’t come with an interest.

The thing is, a buyer shouldn't be scared in paying any loan in regards to a real estate property. Why? Housing loan rates had been comparably low that it was on the previous years. Not to mention that real estate appreciate its value in time. Your house depreciates over time, while the land beneath it is likely to do the opposite. In 30 years the total price that you need to pay through loan may be triple of it's net price, but you may be surprised that the land value may already be doubled or tripled by that time compared to the total amount that you have paid for it through loaning..  

4. Investment - If you can invest money for you child's education, why not invest for your future home? "Buying a home is a critical financial hurdle to get over, but always remember that it is not just an investment, securing a home will also benefit you for your own retirement, and most importantly, it will take away the big burden of your children renting any residential property in the future."  

5. Less competition - There may be plenty of lookey-loos at open houses these days, but the anemic sales pace is proof that there are fewer serious buyers looking to make a deal. Wait to dive in and you could find yourself in a more crowded pool of buyers. Being a little early/ahead of the curve gives buyers more discount, better deals, and more elbow room.