Despite a challenging year of higher home prices and interest rates, a recent survey shows that many military members and veterans are optimistic about buying a home, especially those currently serving our country.
Nearly three quarters of current service members (71%) plan to buy a home in the next five years, according to the survey conducted by Veterans United Home Loans. Even with the rocky rate and affordability outlook, three in 10 current service members and 15% of veterans plan to buy in 2023. More than half of current service members anticipate buying a home in the next two to three years, especially Reserve and National Guard members.
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