Reading, Massachusetts is a lovely town with a strong sense of community, good schools, and easy access to major metropolitan areas. Here are some pros and cons of homeownership in Reading:

Pros:
1. Good School System: Reading has an excellent school system that is ranked among the top school districts in Massachusetts
2. Strong Sense of Community: Reading has a small-town feel, and residents value community involvement and engagement.
3. Access to Major Metropolitan Areas: Reading is located just north of Boston, making it a great location for commuters to the city.
4. Good Property Values: Home values in Reading have historically appreciated over time, making it a good investment.

Cons:
1. Limited Housing Inventory: The supply of homes on the market in Reading can be limited, putting upward pressure on home prices.
2. High Home Prices: The median home price in Reading is above the national average, making it more difficult for first-time homebuyers to enter the market.
3. High Property Taxes: Massachusetts has some of the highest property taxes in the country, and Reading is no exception. This can be a significant expense for homeowners.

Overall, Reading is a desirable location with many benefits for homeowners. However, the high cost of living, limited housing inventory, and high property taxes are important factors to consider when deciding if homeownership in Reading is right for you.