Speers is a small village and any discussion of homeownership in this area would need to consider the broader region of Washington County, Pennsylvania. Here are some general pros and cons of homeownership to consider:

Pros:
- Equity: Owning a home can be a good long-term investment, since property values tend to appreciate over time, which could earn you equity. This means that you can build up value in your home that you can then borrow against or ultimately use to improve your retirement finances.
- Stability: Owning your home can provide a sense of stability and permanence, providing comfort and allowing you to build roots in a community.
- Personalization: When you own a home, you can customize it however you would like, allowing you to make it exactly how you want without having to stick to landlord-approved improvements.
- Tax benefits: There are several tax incentives for homeowners that include mortgage interest tax deduction, property tax deductions, and more.

Cons:
- Maintenance and upkeep: Owning a home means that you are responsible for upkeep and maintenance, both inside and outside. If you are the kind of person that doesn't enjoy home improvement or repair projects, you may not enjoy homeownership.
- Cost: Owning a home can be quite expensive, you will have mortgage payments, property taxes, homeowners insurance, and maintenance expenses.
- Limited mobility: When you own a home, you may not be as flexible about moving to other areas or cities for jobs or lifestyle reasons.
- Risk: Property values can fluctuate, so if the market declines, you may lose equity in your home. Homes can also be damaged by unfavorable weather, fire, flooding, or other accidents.

Keep in mind that the specific pros and cons of homeownership in Speers, Pennsylvania would depend on local conditions such as housing inventory, crime rates, schools, and property values, which may require further research.