Military towns take extra hit from relocation pause
April 17, 2020
Thousands of military families — and the real estate in towns surrounding U.S. military bases — are in limbo right now.
Each year around this time, a wave of active duty members with relocation orders start searching for houses and rentals, signing contracts and planning their summertime moves before school starts in the fall.
But this year to curtail the coronavirus spread, the Pentagon put a 60-day stop movement order in effect in March, freezing travel by all U.S. forces, civilian personnel and their families. Then this Tuesday, Defense Secretary Mark Esper said that order will extend past the original May 11 date, but didn’t specify a new date.
That means all those with orders known as permanent change of station, or PCS, have to stay where they are until the order is lifted, not knowing when they can move to that next location. Several Realtors and lenders who specialize in Department of Veterans Affairs home loans told HousingWire that this thrusts another level of unpredictability into military families and cities from California to Florida, Texas to Virginia.
Content is the most important part of having quality links to your website. With Area-Info.net, we provide a quality location to share your story and include links to your website to help you grow. If you would like to learn more, visit this page to see how you can use Area-Info.net to rank higher and quicker in search engines.
Contact me directly at [email protected] with any questions, or to schedule speaking engagements.