Market Conditions in 22079>Question Details

Mollie, Home Buyer in Missouri

Do you recommend buying or renting in the Mason Neck area? We are military; and found a house we like.

Asked by Mollie, Missouri Mon Jun 23, 2008

However, we are afraid to buy b/c we don't know what the market will look like in 3-5 years. We'd like to rent it out when we leave but think the rent would be too high (about $3500 per month). What do you think?

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We're also military. Advice given to us was to live in an area first for at least a year then decide if you want to buy. We've been here 2 years. We're so glad we didn't buy right away.
1 vote Thank Flag Link Tue Jun 24, 2008
It's always a gamble. We came here last yr on a military move and are now buying. There's no way to know for sure if the market will be up or down in 3-5 years, but keep in mind BRAC is coming to Belvoir. We're buying now, assuming that things will probably start going up as people move here. Good luck. Mason Neck is pretty.
0 votes Thank Flag Link Thu Nov 5, 2009
I think you are correct. I think there is more declines coming.
0 votes Thank Flag Link Tue Jun 24, 2008
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