Advantages of home ownership in Norvelt, Pennsylvania may include:

1. Stability: Owning a home can provide a sense of stability since you can control where and how long you want to live in the property, which can provide a sense of security.

2. Investment: Buying a home can be a good investment since real estate values tend to appreciate over time.

3. Freedom: Homeowners have the freedom to do what they want with their homes, such as renovating, painting or decorating, which can provide a sense of pride and personalization.

However, there are also some disadvantages of owning a home in Norvelt, Pennsylvania. These can include:

1. High Costs: Homeownership can be costly since you must be able to cover mortgage payments, property taxes, insurance, maintenance, and repairs, which can add up quickly.

2. Risk: Owning a home also comes with the risk of sudden repairs, natural disasters or the property market being negatively affected, which can cause you to lose money.

3. Responsibility: As a homeowner, you are responsible for all maintenance and repairs on the property, which can be stressful and time-consuming.

Overall, the decision to buy a home in Norvelt, Pennsylvania depends on individual circumstances and preferences, which should be carefully analyzed before making a decision.