Military housing markets not immune to downturn 

Soldiers assigned to North American Aerospace Defense Command on a run at Peterson Air Force Base in Colorado Springs, Colo. U.S. Army photo by Lt. Col. Michael Humphreys.

The transient nature of military life can provide a boost to housing markets with a military presence, but such markets have had their share of struggles from the housing downturn, including negative equity, price declines, and tight lending standards, according to a snapshot of five military markets from ERA Real Estate, released in time for Veterans Day.

"Military housing markets are definitely insulated but not immune to broader economic pressures," said Charlie Young, ERA Real Estate's president and CEO, in a statement.

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