Pros of Home Ownership in Mobile, Alabama:
1. Stable Housing Costs: When you own a home, you can predict what your housing costs will be each month. Mobile, Alabama also has relatively low property taxes, which can keep your housing costs stable.

2. Potential for Appreciation: If the value of your home increases over time, you could make a profit when you sell.

3. Control: As a homeowner, you have much more control over your living space. You can make changes, renovations and improvements as you see fit and aren't limited by leasing policies.

Cons of Home Ownership in Mobile, Alabama:
1. Maintenance Costs: As the owner of a home, you are responsible for handling all repairs and maintenance.

2. Financial Commitment: Home ownership is a big financial commitment, since you have to pay for your mortgage, property tax, insurance, and other ongoing expenses.

3. Risk of Value Decrease: There is a risk that the value of your home could decrease instead of increase.

4. Property Taxes: Although Mobile has relatively low property taxes, they are still something to consider when purchasing a home.

Overall, home ownership can be a great investment in Mobile, Alabama, but it is important to consider all of the costs and responsibilities associated with owning a home before making a final decision.