Here are some pros and cons of home ownership in Wilmington, North Carolina:

Pros:
- Wilmington is a beautiful coastal city with a mild climate, making it a popular destination for retirees and families.
- The city has a diverse range of neighborhoods, from historic downtown to beachfront communities.
- Homeownership can be a good long-term investment, as home values in Wilmington have generally risen over time.
- Mortgage rates are currently low, making it a good time to buy a home.
- Owning a home provides more freedom to make changes to the property, and can give a sense of stability and community.

Cons:
- While the cost of living in Wilmington is lower than some other coastal cities, housing costs can be relatively high and competition can be fierce for desirable properties.
- Many homes in Wilmington are susceptible to damage from hurricanes and flooding, depending on their location.
- Owning a home can also come with unexpected expenses, such as repairs, property taxes, and homeowner's insurance.
- If you're new to the area, it may take some time to find the right neighborhood that aligns with your lifestyle and preferences.