Rentals out there today?

By
Real Estate Agent with Heath Real Estate, Inc.

The quick answer is yes.

Found 15 nice ones under $1000 this AM. Soldiers are coming in to the housing office and are a little happier when they leave because they have houses to go preview.

Sticker shock is still getting them though. I think its time to raise the BAH again. Another $100 to $150 would help the soldiers and airmen in this town a lot.

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Thanks For Reading!  As always if you have a question, comment or concern feel free to comment here or email me direct.  You can always visit www.JamieHeath.com for more information.

Jamie Heath
Realtor, CEO


Heath Real Estate, Inc.
Colorado Springs, CO 80919

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Rainmaker
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Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

.....NO * no increase in housing allowances for military as it prices LOCAL renters out of the market and gives local landlords a false sense of their rental market. 

While I L♥VE military families, they are usually living on one pay check * they move to frequently for her to get a job locally * AND they have benefits far and above the local rental prospects.

The military "moves" them and provides temp housing while they are looking for their new rental home.....

Aug 10, 2010 07:23 AM #1
Rainer
4,926
Jamie Heath
Heath Real Estate, Inc. - Colorado Springs, CO

I'm not sure I agree with you.  The military moving them and "temp" housing has nothing to do with their ability to afford the houses here.  Colorado Springs has 5 military installations.  I'd say the military makes up a HUGE part of the renters.  Obviously there are those who are "local", but the locals can get dual employment whereas some of the military member's spouse (as you pointed out) cannot.  Therefore the military should increase the BAH to meet locality rates. 

Furthermore the studies the military conduct each year (used to be VAH surveys) show how the local market increases and how the BAH should increase too.  It became so bad here a few years back the Army was considering offering COLA (cost of living) increase for those stationed here. Those chose instead to raise the BAH; unfortunately they have not raised it enough.

 

I appreciate your opinion but I don't think it reflects the Colorado Springs market conditions.

Aug 10, 2010 09:30 AM #2
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