I am just about ready to fill out my preference card (winging June 30 or July 28, no winging on the 14th) and have a few questions about the current housing market in the greater San Diego area. The wife and I are strongly considering it. We would like to stay CONUS but would like to get away from the East Coast. The problem is, we would really like to buy a house at this point.
1. Am I completely crazy for even thinking a house can be afforded on an O-2 salary/BAH? (The wife has a degree in Computer Science/IT but hasn't worked in the industry while we've been moving every 6 months in the training command. It would take her some time to get a job and probably won't be able to factor into how much we can borrow.)
2. To get into relatively affordable housing (300K ish), what kind of drive am I looking at? We'd like to have 3BR but two is fine as well, approx. 1300-1500 sq. feet. If the answer to question #1 is no, please recommend some communities to being looking into.
Yes I did multiple searches, most information was on renting, and most was from early to mid 2005, obviously the market is extremely fluid.
1. Am I completely crazy for even thinking a house can be afforded on an O-2 salary/BAH? (The wife has a degree in Computer Science/IT but hasn't worked in the industry while we've been moving every 6 months in the training command. It would take her some time to get a job and probably won't be able to factor into how much we can borrow.)
2. To get into relatively affordable housing (300K ish), what kind of drive am I looking at? We'd like to have 3BR but two is fine as well, approx. 1300-1500 sq. feet. If the answer to question #1 is no, please recommend some communities to being looking into.
Yes I did multiple searches, most information was on renting, and most was from early to mid 2005, obviously the market is extremely fluid.