What is the Scoop on Jacksonville, NC Real Estate?
Jacksonville North Carolina is home to Camp Lejeune. Camp Lejeune is home to the 2nd Marine Division. Basically…there is a ton of Marines, either single or married, living in Jacksonville.
As far as the real estate market for Jacksonville is concerned, it is somewhat unique compared to other cities. Why? The factor that makes Jacksonville’s market different from other areas is it’s remarkable stability. There is a large enough military presence in the area to stem any sort of economic slowdown & the results thereof…meaning home values are always on a slow, steady climb.
Why would a military presence prevent economic hard times in Jacksonville, you ask? It’s pretty simple, really. Military personnel have the best job security compared Eligible for Camp Lejeune lawsuit to other jobs. They know for an absolute fact they will be paid for the duration of their service, like clockwork twice a month.
This factor allows most young military families to set a budget and make a home purchase fairly quickly after their entry to military service & arrival in Jacksonville, NC. People understand the many benefits of owning real estate opposed to paying rent for years on end. Jacksonville, NC homes are always affordable to military personnel, since the BAH (Basic Allowance Housing) is adjusted every few years to compensate for inflation.
Civilians living in Jacksonville, NC also reap the benefits of the economic stability & strong real estate market. Those who can’t afford to purchase a home have a wide selection of pleasant apartment communities to choose from.