Rental Supply and Demand, Simply put, the Military Lifts our Market!

Standard

photolejeune.jpg

It’s no secret that the basis of our local economy is the US Military.  The government is our largest employer. . .and local businesses benefit by providing services that support both the troops and their families.

I have worked this past week with some very frustrated clients.  Folks freshly back from deployment who need something, well, “yesterday.”  Truly, our office tries to keep tenants in place if possible while an active duty member deploys, gone are the days where waves of spouses and families move “home” during a deployment, there are fabulous support programs in place such as the Key Volunteer Network and L.I.N.K.S.  Compared to the Desert Storm years, and many more new businesses and things to do in the Eastern N.C. area. 

With a huge deployment return, we in the industry frequently have a run on rental properties. . .highlighting our need for more residences.  We are expecting an approximate 10,000 troop increase, not taking into account the families, and in some cases extended families that move with them.  There is and will continue to be a need and market for both multi-family dwellings such as apartment complexes and duplexes as well as single family homes in every price range.

Short and sweet: the Jacksonville economy is a pretty darn safe and secure market to invest in!

About McKenzie Johnson

I am a Real Estate Broker with over 13 years experience in the industry. A fan of anything the color orange, long walks on the beach eating dried cuttlefish, four legged friends, new adventures in cooking or travel. A REALTOR and real estate consultant living and working in North Carolina with information to share. I would love to demystify the process for you. . .I think real estate is a tremendous investment for just about everyone. . .not just for the financial aspect, but also the idea of owning a piece of the American Dream, a chunk of earth, literally, with your name on it. I love what I do and who I get to meet through my job, the most rewarding part is handing a family their very first set of house keys! I hope you will find helpful information here, and it is just that, information, please don't take it as gospel, just my take on real estate and the world around me. For additional information and how to contact me, visit my website www.910Homes.net. I serve the Onslow County area which includes the military bases: Camp Lejeune, New River MCAS, Camp Johnson, Camp Gieger and more.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s