#1 Reason to Sell Your Home in the Spring

#1 Reason to Sell Your Home in the Spring

Top Reasons to Sell Now
Reason to Sell now before spring

The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.  When it is the best time to sell your home in the Spring, you also must aggressively market and price your home correctly.

According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2017:

Top Reasons to Sell Before Spring

Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.  Right now is statistically and arguably one of the best time to sell your home in the spring.

Bottom Line

Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.  In the winter market you weed out many of the “tire kickers” who are not motivated.  Heading into the Spring Market is the Best Time to Sell Your Home in the Spring.

Where Are Mortgage Interest Rates Headed in 2018?

Mortgage Interest Rates

Mortgage Interest Rates 2018
Mortgage interest rates are looking to rise in 2018

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.

Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily over the course of the next 12 months.

mortgage interest rates increasing in 2018
mortage rates increase

How Will This Impact Your Mortgage Payment?

Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

According to CoreLogic’s latest Home Price Index, national home prices have appreciated 7.0% from this time last year and are predicted to be 4.2% higher next year.

If both the predictions of home price and interest rate increases become reality, families would wind up paying considerably more for their next home.

Bottom Line 

Even a small increase in interest rate can impact your family’s wealth. Let’s get together to evaluate your ability to purchase your dream home.  Mortgage interest rates may still be on the rise, but it is still a phenomenal time to buy your dream home!  When you buy a home through John McLain or anyone on the McLain Realty Team you will have complete piece of mind with their 2 Year Love It or Leave It Program!  If you do not love your home for any reason within 24 months after closing, John McLain will personally buy it back or sell it for free!  Call today about the programs specific guidelines. 908-878-9356  or e-mail mclainhomesellingteam@gmail.com

Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

Rent or Buy a Home?

rent or buy a home

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Many people wonder if they should rent or buy a home.  Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical Steps to Getting Rich”:

“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head if you’re serious about your finances. It won’t make you rich overnight, but by renting, you’re paying someone else’s mortgage. In effect, you’re making someone else rich.”

Christina Boyle, Senior Vice President and head of the Single-Family Sales & Relationship Management organization at Freddie Mac, explains another benefit of securing a mortgage as opposed to paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

As an owner, your mortgage payment is a form of ‘forced savings’ which allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person building that equity.  Whether you plan to rent or buy the costs will still remain very similar.

Interest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home. Freddie Mac’s latest report shows that rates across the country were at 4.22% last week.

Bottom Line

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.  If you are looking to rent or buy a home

, contact John McLain and the McLain Realty Team.  They offer exclusive and innovative marketing systems that will give you the results you deserve!

5 Reasons Homeowners Can Throw Better Super Bowl Parties!

Super Bowl Parties

Real Estate Market After Super Bowl
5 reasons why homeowners love super bowl parties


  • Watching the big game at home with your friends & family offers many advantages.
  • There’s more room to entertain a large crowd and you don’t have to worry about complaints to your landlord if you cheer too loudly!
  • The kitchen is big enough to make as many appetizers as you want, and if some of your guests are only there to watch the commercials, they can do so on a different TV in another room!

U.S. Housing Inventory Crunch Continues… List Your House Today!

List Your House Today!

List your house today
List your house today and save money!

Firstly, every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!

At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “in Q4 2017, U.S. home inventory decreased by 10.5%. That is the biggest drop we’ve seen since Q2 2013.”

Here is a chart showing the decrease in inventory levels by category:

List your house with us
List your house with John McLain Realty Team

For this reason the largest drop in inventory was in the starter home category which saw a 19% dip in listings.

Bottom Line

In conclusion, demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2018, now may be the perfect time.  List your house with John McLain today and save time, stress and money.  If we don’t sell your home in 66 days, we will personally buy it!

Why You Need a Professional on Your Team When Buying a Home

Hire a Real Estate Agent to Represent You
Hire a team of real estate agents dedicated to representing you

Many people wonder whether they should hire a real estate agent to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional!  More importantly you need a team of experienced professionals dedicated to getting your dream home and on your terms.

Why Hire a Real Estate Agent?  You Need an Expert Guide If You Are Traveling a Dangerous Path

The field of real estate is loaded with landmines; you need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and is ready for you to move into can be tricky. An agent listens to your wants and needs, and can sift through the homes that do not fit within the parameters of your “dream home.”

A great agent will also have relationships with mortgage professionals and other experts that you will need in order to secure your dream home. 

You Need a Skilled Negotiator

In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands, of dollars. Each step of the way – from the original offer to the possible renegotiation of that offer after a home inspection, to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.

Realize that when an agent is negotiating his or her commission with you, they are negotiating their own salary; the salary that keeps a roof over their family’s head; the salary that puts food on their family’s table. If they are quick to take less when negotiating for themselves and their families, what makes you think they will not act the same way when negotiating for you and your family?

If they were Clark Kent when negotiating with you, they will not turn into Superman when negotiating with the buyer or seller in your deal. 

Bottom Line

Famous sayings become famous because they are true. You get what you pay for. Just like a good accountant or a good attorney, a good agent will save you money…not cost you money.

About the McLain Realty Team

Hire a TEAM of Agents dedicated to you instead of the Single Agent Approach. You would not represent yourself in court as an Attorney, so why do it with one of your biggest decisions you ever make in your lifetime?

Our team is dedicated to finding your dream home at your price and your terms! Our 45 Step Home Discovery and Acquisition System will deliver results!  Ask us about our 2 Year Love It or Leave It Program!  When you buy a home through me or anyone on my team and are not 100% in love with the property for ANY reason within 24 months of closing, we will personally buy it back or sell it for free!  www.2YearLoveItorLeaveIt.com

Find your next dream home here! Search All NJ Homes www.SearchAllNJhomes.com



John McLain Broker

Where did Americans Move in 2017?

people are moving

Some Highlights:
Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017.
Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington.
The ‘outbound’ states seem to draw a line straight across the country from Connecticut to Wyoming.

What Impact Will the New Tax Code Have on Home Values?

new tax code benefits
What impact will the new tax code have on real estate values


Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months.

Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report.

New Tax Code Property Values
New Tax code home values

As we can see, CoreLogic projects an increase in home values in 49 of 50 states, and Washington, DC (there was insufficient data for HI). Nationwide, they see home prices increasing by 4.2%.

How might the new tax code impact these numbers?

Recently, the National Association of Realtors (NAR) conducted their own analysis to determine the impact the new tax code may have on home values. NAR’s analysis:

“…estimated how home prices will change in the upcoming year for each state, considering the impact of the new tax law and the momentum of jobs and housing inventory.”

Benefits of the new tax code real estate
Benefits of the New Tax Code

Bottom Line

According to NAR, the Tax Code will have an impact on home values across the country. However, the effect will be much less significant than what some originally thought.

Source: NAR

Blog by: John McLain  McLain Realty Team  908-878-9356  McLainHomeSellingTeam@gmail.com

The real estate industry is always changing and selling homes takes more work than ever before.  Do not get sucked into the “old school” way of selling real estate, just hiring one agent.  Hire a team of specialists dedicated and highly trained to help you find or sell your home!  Firstly, the McLain Realty Team has specific award winning systems and programs to ensure homes are sold for the most amount of money and in the least amount of time.  Therefore John McLain has several guarantees.  Secondly, if we don’t sell your home in 66 days, John McLain will personally buy your home himself!  This is also marketed as out “Trade Up” program.  For Instance, when you buy one of our listings, we will buy yours!  Ultimately, our guaranteed home sale programs are revolutionizing the NJ Real Estate Market.  Finally our 24 month love it or leave it program puts our buyers minds at ease.  For instance when you buy a home through us and don’t love it for any reason within 24 months after closing, we will buy it back or sell it for free!

Thinking of Selling? Now is the Perfect Time to Sell Your Home!

Spring Market… Perfect Time to Sell Your Home!

It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2017. Here is a graphic showing the results:

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,680,000.

That number spiked to 1,970,000 by May!

Is it the Perfect Time to Sell your Home and What does this mean to you?

With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers.  Although the competition and number of homes increase for the Spring Market, The Spring Market is the Best Time to Sell Your Home!

Bottom Line

It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.  It is the best time to sell your home in New Jersey, especially when you list your home with John McLain and the McLain Realty Team!  New Jersey’s premier real estate firm and one of the top realtors in NJ!  Not only is Spring the best time to sell your home, but the McLain Realty Team offers the guaranteed sale program and 2 year love it or leave it guarantee.  If the McLain Realty Team does not sell your home in 66 days, John McLain will buy it himself.  Call today: 908.878.9356 or visit www.SearchAllNJhomes.com

93% Believe Homeownership Is Important in Attaining the American Dream

The American Dream is in Reach!

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:

“Owning a home remains a core element of the American Dream.”

When asked “How important a part of the American dream is owning a home?”

  • 18% of those surveyed said it was the most important part
  • 53% of those surveyed said it was very important
  • 22% of those surveyed said it was somewhat important

Homeownership and Financial Stability

The survey also revealed that 81% of Americans believe that owning a home leads to a family being more financially stable. This feeling was reiterated by Zillow Senior Economist Aaron Terrazas who, in a recent press release, explained:

“After about a two-year slowdown, rent growth is starting to pick back up across the nation…Looking into 2018, rent is expected to continue gaining.

More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.” (emphasis added)

Bottom Line

Owning a home always has been, and always will be, a crucial part of attaining the American Dream.


Blog by: John McLain

Our Award Winning Marketing Systems and Innovative Consumer Programs Guarantee the Results you Expect and Deserve!

You Home Sold in 66 Days, Guaranteed, or I will Personally But It Myself!  www.GuaranteedSaleNewJersey.com  This is EXCLUSIVE to the McLain Realty Team and give you complete peace of mind,  We eliminate the biggest Catch-22 in Real Estate!

When you buy a home through myself, or anyone on my team and are not 100% in love with it for ANY reason within 24 months after closing, I will personally buy it back or sell it for free!  It is the Exclusive 2 Year Love It or Leave It Program! www.2YearLoveItorLeaveIt.com

McLain Realty Team – Broker  908-878-9356  mclainhomesellingteam@gmail.com  www.SearchAllNJhomes.com