“My BAH isn’t enough to cover my mortgage payment” Fort Cavazos housing crisis
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- เผยแพร่เมื่อ 11 ก.ค. 2024
- Thinking of Living, Moving, or Relocating to Fort Cavazos or Fort Hood near Killeen TX? Let's explore Fort Cavazos's Housing Market: The hidden aspects of the Fort Cavazos housing crisis with BAH. In today's video, we dive deep into the Fort Cavazos housing problem, a challenge that has been plaguing the lives of our brave servicemen, women, and their families, and Get a comprehensive understanding of Basic Allowance for Housing (BAH) and what is its role in dealing with the housing problem.
So stick around through this video to learn about how the Fort Cavazos Housing Market crisis is connected with BAH!
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The prices will never go down. Military needs to pay soldiers more.Killeen was a dump when I served there.
They deserve higher pay
Killeen is not a dump though lol
This is my number 1 stress right now and I PCS there in 120 days😢
Yea it’s really tough right now. And good properties do come at this price point but they sell in one day. I just had to put in 3 offers and go in 5k over the asking price to snag one for $175k. I do think these homes have the most room for appreciation in the future but it’s like the hunger games to get one
@@realestatesteph it’s just very frustrating downgrading when moving to a state you love
What’s worse is the interest rates might go up again over the next few months. Hopefully that brings prices down but there’s no guarantee how far. Right now, paying the extra out of pocket is the best move.
Same here. We moved from Savannah GA. Rented out our 2300 sqft house because I knew I wouldn't be able to find something affordable here. BAH for E7 w dependents there was 2100 ish and the home prices are about the same as here. I can't afford to buy a house with my new BAH
Not the pink bath tub. Pink and green tubs always lose me 😂
😂😂😂 yoooo those tubs were a trip!
Yes!!!!!!!!!!!!!!!!!!!!!!!!!!
I’m happy it resonated with you. Something needs to change!
BAH for E7 with dependents at Fort Cavasos (Fort Hood): $1650 per month
BAH for the same Soldier that’s a recruiter in Georgetown which is one county south: $2,808 per month
That’s a 70% increase for just living a half hour or so away. Why is there such a huge difference?
Prices are way higher in Georgetown. It’s one of the fastest growing cities in Texas and then the proximity to Austin is a huge factor. Lots of ppl left Austin to move there. It’s crazy.
That’s true but some folks are even commuting from Killeen to Round Rock since they can’t afford housing that close to Austin. So would that continue to raise prices in the Killeen area?
Yup I see it all the time. Yes it’s going to keep raising prices. I think that’s why buying here is still a good idea bc the long term prospects are great for appreciation
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Moving there as an E7 with dependents and trying to buy in Harker Heights. Not happy about paying about a grand a more out of pocket but the house is beautiful. Is Harker Heights a place where people look to rent should i want to keep it as a rental property when I leave in 4 years?
Yea it’s tough.. keep your eyes on the rates and refinance asap but yes Harker Heights is a solid as they come. Highly desirable area. Let me know if I can help out Stephen@mygoodlifeteam.com
I want to buy a home for my family at Killeen or Copperas Cove. but, I am an E2. Still possible?
It’s possible but you’ll be paying out of pocket and it’ll def be a starter home that you’ll need to add value to over time.
@@realestatesteph Do you have an Email to contact you?
Stephen@nextquesthomes.com
Is it still possible to cash flow in Killeen in today’s market?
With 15-20% ,yes. With Airbnb, Yes. Buying a duplex with a VA loan , no.
im gonna be looking to buy a house there in 2026 hopefully when i PCS hopefully it doesnt get worse 😢
It’s gotta be fixed! It’s crazy. Prices are coming down a bit right now but if interest rates fall they’ll shoot back up
Don’t worry it’s going to get more expensive. That money to Ukraine isn’t free
I know it is!!
It’s fort hood.
I’m hearing it’s the same in other areas as well. It’s really tough right now