When we talk about our fellow veterans, especially returning vets, one size does not fit all. Some vets return willing and able to find a job and go back to domestic life. Others want to go back to school. Some returning vets need more assistance, especially if they are suffering from physical or mental health complications. These are some of the factors that need to be addressed when deciding where to live.
For the returning veteran, the housing market may be the determining factor in the house buying decision. Of course, these are the same motives for people that have not served in the military but VA loan caps give housing price a different significance. Lenders will typically make VA loans up to $144,000 without a down payment. Over that amount, the government still guarantees but there may be a down payment. To get the best bang for your buck, Forbes recommends Fort Worth, Texas as the best place to buy. The average house in the area is a little under $170,000 with a reasonable prediction of market growth.
If you are looking for a place to contribute some sweat equity then Madison, WI should catch your eye. Madison is a hotbed of economic development in the housing sector. As the capital of Wisconsin, small renovations to your property become multiplied by the economic growth of the city. Home exterior improvements such as new roofing, window replacements or additions like sunrooms are more than just renovations, they are a statement for community growth, bringing up the value of your home and the area in which you live. Madison is a place where your service skills can build a city.
Not everyone is coming back with a marketable skill set. The GI Bill has made it easy for service people to go back to school, to the tune of more than 800,000 vets in school. If you are planning on joining academia then U.S. News and World Report says that Massachusetts has two out of ten of the best college towns with Amherst being one of the best. This small East Coast town has three schools, including the University of Massachusetts. Since you are competing with students for jobs, this is a place where your military skills and training will put you a step above.
If you are returning to the loving arms of spouse and children then Fayetteville, North Carolina is the place for you. This is one of the largest military communities in the nation. The citizens of the city have a true affection for those that are or have served our country. Being the home of Fort Bragg, employers are accustomed to working with ex-military and vets are able to get access to services. This is the kind of place where families hang together, help each other on home improvement projects, and watch each other’s children.
For those that need some assistance then the Veteran Administration’s medical facilities are important resources. According to the Veteran Administration’s website, the Portland, Oregon VA Medical Center has been rated as a Top Performer for two years running. Portland is also the home of the Returning Veteran’s Project which offers counseling and other health care services free or at a reduced rate. As a community, Portland takes care of their service people. For home buying, the city’s housing market has flattened without some of the radical ups and downs of other markets in the country. No matter where you decide to go, remember that you are not alone and that there are people in this country that are thankful for the time that you spent protecting our country.