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Debbie McMillan

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Close to Home - Community Spotlight

by The McMillan Group


 

 

 

 

 

 

 

 

 

 

 

 

 

Brownsburg is a great place to be with the Parks Department boasting more than 250 acres of land and over 14 miles of walking trails around town. Below are just a few of the highlights about each of their facilities, including two new "Little Free Libraries" whose goal is to build community, spark creativity, and inspire readers.

**Little Free Library is a “take a book, return a book” free book exchange. Usually an unlocked small wooden box of books, resembling a large birdhouse, located in a common or public area. For more information, or to build and register your own, visit http://www.littlefreelibrary.org.

 

  • Arbuckle Acres – The town's oldest park (purchased in 1958) is split between two levels, covers 68 acres and features White Lick Creek. The park offers several playgrounds, swing sets, and picnic areas as well as basketball, tennis and pickleball courts. Near the entrance to the main playground is a Little Free Library which was officially unveiled in May. The facilities, bridge, and walking trail here provide many prime photo opportunities. The free summer concert series also kicked off here June 4. Follow Brownsburg Parks and Recreation on Facebook for the most current information.

  • Williams Park – The largest park, at 77 acres, hosts the town's only splash pad. If it's between 10am-7pm and at least 72 degrees, the splash pad should be going in full force! Kids love the castle-like, wooden, Blast Off playground at this park as well. Near Blast Off you can find the town's other Little Free Library.  

  • Stephens Park – Keep your eye on this one. It's already a great neighborhood asset, with a shelter and play area, but future additions include a rain garden, an expansion to the current play area, and the addition of bocce, shuffleboard, and pickleball areas.

  • Cardinal Property – Development of this park is in the planning stages, and it is expected to open in 3-5 years. It may seem distant, but get those four legged friends ready. This one has plans for a dog park!   

 

Brownsburg Parks offer a variety of programs and special events throughout the year including swim lessons, exercise classes, and summer day camps that are a great alternative to summer day care. Visit www.BrownsburgParks.com for more information, to view the summer recreation guide, or to register for a class today.

 

Let's get outside, meet some of our neighbors, and make some new friends!

 

Affordability in Perspective

by Debbie McMillan

The market is shifting back to a seller’s market.  Listings in Hendricks County alone are down 16% compared to last year!.  Take a look around and see if builders are pushing dirt in your area.  There are big changes happening  and big opportunities that are limited.

The fundamentals of cheap abundant houses, low-interest rates and affordability will begin to change with the shift in the housing market.

See the graphic in this post to gain perspective on just how great affordability is at the moment.

As the market improves, prices will rise, interest rates will rise and homes will become less affordable.  It you are thinking about a home purchase now is the time!  Moving up, first homes or dream homes will never more affordable than this year.  At least not in our lifetime!

If you are thinking about selling, fewer listed homes means better pricing for your sale.  And if you are buying after you sell, you get the benefit of these terrific market fundamentals!   If you are an agent, you owe it to your clients to get them in the game!

Should I Buy a Home Now?

by Gene McMillan

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

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The McMillan Group
Keller Williams Indy Metro West
601 E Main St
Brownsburg IN 46112
(317) 507-3503

Serving Hendricks County & Indy's Northwest side since 1988!