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Old 02-05-2007, 02:33 PM   #1 (permalink)
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Anybody Buying or Selling a House this spring?

I was just wondering what people think of the current real estate market. We moved here a few months ago and are renting since it looks like the local real estate market was in a cooling off period and we figured we'd look around a little bit before buying. We'll be here three and a half more years or so and would probably end up renting out whatever we bought when we relocate.

Our friends who moved here with us in the last few months and purchased homes think we are crazy and wasting our money on rent. I have met two different couples who bought a few years back and are preparing to move and sell say we made a smart move. They all have bought or are getting ready to sell homes in the mid to high 300's. Any thoughts?
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Old 02-05-2007, 02:43 PM   #2 (permalink)
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Ill sell you my rambler for like 279,000. 1.1 acres 3 bd 1.5 bth detached 2 car garage close to base
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Old 02-05-2007, 02:54 PM   #3 (permalink)
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Thanks!

We have also been offered a 4 bedroom 3&1/2 bath home, ready next summer from Lincoln Military Housing. It looks appealing, in exchange for BAH we'll get a brand new 2,500 sq ft home in a new community with a pool and playgrounds etc. They are planning to build behind Target/Giant on 235. Depending on the market, we may consider moving there or purchase a home for our remaining time here in PAX.

BTW, I LOVE it here, it is so much nicer than Norfolk/VA Beach where we came from.
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Old 02-05-2007, 02:58 PM   #4 (permalink)
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Originally Posted by Hawkeyewife
Thanks!

We have also been offered a 4 bedroom 3&1/2 bath home, ready next summer from Lincoln Military Housing. It looks appealing, in exchange for BAH we'll get a brand new 2,500 sq ft home in a new community with a pool and playgrounds etc. They are planning to build behind Target/Giant on 235. Depending on the market, we may consider moving there or purchase a home for our remaining time here in PAX.

BTW, I LOVE it here, it is so much nicer than Norfolk/VA Beach where we came from.
I look forward to your conversations with NitWhit. She prefers VA Beach to here.
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Old 02-05-2007, 03:00 PM   #5 (permalink)
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I look forward to your conversations with NitWhit. She prefers VA Beach to here.
You took the words right out of my mouth.
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This should most likely be another thread as it has nothing to do with the topic at hand... please check with MMDad.
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Old 02-05-2007, 03:00 PM   #6 (permalink)
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Originally Posted by Hawkeyewife
Thanks!

We have also been offered a 4 bedroom 3&1/2 bath home, ready next summer from Lincoln Military Housing. It looks appealing, in exchange for BAH we'll get a brand new 2,500 sq ft home in a new community with a pool and playgrounds etc. They are planning to build behind Target/Giant on 235. Depending on the market, we may consider moving there or purchase a home for our remaining time here in PAX.

BTW, I LOVE it here, it is so much nicer than Norfolk/VA Beach where we came from.

Did I mention my house has a pool and a bon fire pit with a patio around it.
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Old 02-05-2007, 06:06 PM   #7 (permalink)
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Quote:
Originally Posted by Hawkeyewife
Thanks!

We have also been offered a 4 bedroom 3&1/2 bath home, ready next summer from Lincoln Military Housing. It looks appealing, in exchange for BAH we'll get a brand new 2,500 sq ft home in a new community with a pool and playgrounds etc. They are planning to build behind Target/Giant on 235. Depending on the market, we may consider moving there or purchase a home for our remaining time here in PAX.

BTW, I LOVE it here, it is so much nicer than Norfolk/VA Beach where we came from.
I don't know what BAH is but if it's military money then I say you may make out like a bandit. Existing home or the home above. Let me help you out in case you are still deciding...

:DAMMMMMNNNNN!!!:
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Old 02-05-2007, 07:51 PM   #8 (permalink)
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Yeah, they showed us the new floorplans last week at a housing meeting and they look really nice. We are currently "renting" an apartment on base, but sometime this summer (presumably in June/July) they will be moving us out of here and into the new places. I'm not sure if my wallet will like being within walking distance of Target, but we'll see. Oh yeah, the new units will also be professionally landscaped and maintained and have detached garages located behind each single family home and accessed by a alleyway/driveway.

The housing behind Target is going to be reserved for E-7 thorugh O-3 I think and the housing that is slated for Wildewood will be soley for enlisted families, no word on when they will be built.

We are still open to buying, I just want to time it right (not intrested in feeling like we were had when we could live in a nice rental for a while). I am feeling good about holding off though.
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Old 02-05-2007, 08:02 PM   #9 (permalink)
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Originally Posted by Hawkeyewife
Yeah, they showed us the new floorplans last week at a housing meeting and they look really nice. We are currently "renting" an apartment on base, but sometime this summer (presumably in June/July) they will be moving us out of here and into the new places. I'm not sure if my wallet will like being within walking distance of Target, but we'll see. Oh yeah, the new units will also be professionally landscaped and maintained and have detached garages located behind each single family home and accessed by a alleyway/driveway.

The housing behind Target is going to be reserved for E-7 thorugh O-3 I think and the housing that is slated for Wildewood will be soley for enlisted families, no word on when they will be built.

We are still open to buying, I just want to time it right (not intrested in feeling like we were had when we could live in a nice rental for a while). I am feeling good about holding off though.
You might want to take a look at this... Suit blames St. Mary’s for deadly landfill leaks
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Old 02-05-2007, 08:16 PM   #10 (permalink)
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Smile

As a military spouse I say go for the new housing. We lived out in Camp Pendleton where Lincoln built the new housing over a year ago and it really is nice. As a Real Estate Agent I say right now is a good time to buy a house. Long and Foster along with Prosperity Mortgage has a program right now called "Helping Those Who Serve". As a member of the armed forces you would be eligable to get a better deal and more likely to be able to afford to buy something in your area. This program ends March 31st, so if you are interested you would need to do something soon.
Just a little FYI
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Last edited by realestatewendy : 02-05-2007 at 08:18 PM.
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