Home values are low, interest rates are low, these are two of the three most important facts to consider buying a home. Its #3 that is often over looked, How Long will you remain in the home? If you are retiring or already retired, BUY BUY BUY! However if your expecting reassignment in a couple of years, use extreme caution! It could take a few years before the housing market turns back around. As a military family you don;t need a home that you can’t sell because you owe more than its worth.

Renting sounds good, but the fact is, there are so many homes available it will be hard ot find a renter, double hard to find a renter that wont destroy your home.

But if you plan to remain in the area for a while, buying a home now could reward you nicely in 3-5 years.