indiana: Leasing vs. Buying a Home in Brownsburg, Indiana
- 08/31/16 03:42 AM
Leasing vs. Buying a Home in Brownsburg, Indiana OK, I just can't help myself. I am obsessed with statistics, as you well know if you've ready any of my blog posts here. This is a comparison I've been wanting to do for a while. I've known that for many years, leasing a home (not apartment) in Brownsburg on its face costs more than buying. I wanted to see if I could determine just how much. Yes, there are many factors to consider when comparing these two things. I also routinely point to one of my favorite saying when it comes to statistics: "If you torture the … (9 comments)
indiana: Revisiting the Housing Bubble
- 08/15/16 03:05 AM
Revisiting the Housing Bubble Over three years ago, I wrote an article about how I saw the housing bubble pop in Central Indiana. Considering the crazy market we now find ourselves in, I thought I would revisit the graph I made regarding this, and update it to see what things look like now (Q2 2016). Without further adieu, here is the graph:
It's pretty easy to pick out the housing bubble of the '00s here. Values had pretty much bottomed out by the end of 2011. Since then, there has been a rather large correction to the positive. However, if you look at the graph … (0 comments)
indiana: Why Aren't You Pre-Approved?
- 07/06/16 02:56 AM
Why Arent You Pre-Approved? In a fast-moving market, are you wasting everyone's time by not talking to a lender first? Homes in Central Indiana are selling at a pace not seen in at least a decade. In many cases, a home will receive an offer - maybe several offers - within a day of it hitting the BLC.* If you want to be in position to gain the attention of a home seller, the first thing you need to do, after meeting with your real estate agent and before even thinking about touring homes for sale, is speak with a mortgage lender. This accomplishes several … (2 comments)
Let's take a look at the rental housing market in Brownsburg, Indiana versus the resale housing market. As of today (6/30/15), Ruoff Home Mortgage indicates mortgage rates in this area are 4.297%. With 5% down on a $200,000 home, monthly mortgage payments will be about $1,300 (includes loan principle and interest, plus real estate taxes and homeowners insurance). Now let's look at the difference between a $200,000 home in Brownsburg and a $1,300/month rental. Rental homes are leasing at an average of $0.72/square foot. At $1,300, that equates to a 15 year old, 1,800SF home. Typically a large 3 or … (1 comments)
indiana: Schoolhouse Renovations Complete! Take a Look!
- 05/18/15 01:48 AM
This schoolhouse, located in Crawfordsville, Indiana, has been under renovations for several years and is now complete! I originally listed this home for sale a few years ago. Since then, the owners have completed work on the property. Take a look at this:
This represents the first school consolidation in Indiana of several local primary schools into a large, grade 1-8 building. Set on two manicured acres and surrounded by trees, the owners have replaced and/or refurbished it from top to bottom into a grand residence. At neary 12,000 square feet spread across three levels and a basement, you won't find another home like … (0 comments)
indiana: Avon Homes with Main Floor Master Bedrooms
- 01/31/13 04:47 AM
Avon Homes with Main Floor Master Bedrooms Avon, Indiana is a growing community of over 22,000 located just 15 miles west of downtown Indianapolis. It boasts some of the top schools in the area and has grown into the shopping and dining destination for Westsiders. If you're like me and are ready to save a little wear and tear on your back and knees, then you should tak a look at these Avon homes with main floor master bedrooms.* There are homes available across all price ranges, sizes and amenities. See if there's something you like. If you do, give me a … (0 comments)
indiana: Brownsburg Homes with Main Floor Master Bedrooms
- 01/31/13 04:40 AM
Brownsburg Homes with Main Floor Master Bedrooms Brownsburg, Indiana is a growing community of over 22,000 located just 15 miles northwest of downtown Indianapolis. It boasts some of the top schools in the area and has easy access to all parts of the area . If you're like me and are ready to save a little wear and tear on your back and knees, then you should tak a look at these Brownsburg homes with main floor master bedrooms.* There are homes available across all price ranges, sizes and amenities. See if there's something you like. If you do, give me a … (0 comments)
Leasing vs. Buying a Home in Brownsburg, Indiana
;)
;)
