Thursday, April 2, 2009

Tampa Bay Realtor Kenny Hayslett Ranked 7th in State of Florida, Top Residential Teams

Clearwater-based Tampa Bay Realtor Kenny Hayslett of the Hayslett Team was presented with a Certificate of Achievement within the ReMax Florida Region, and was ranked in the top ten---the #7 spot among Top Residential Teams in the state of Florida for the month of December.

He attributes his Team's success to establishing and maintaining strong Client/Realtor relationships, based on consistent communication with his Client/Sellers about the current market, emailing them updates and status reports, and ensuring they receive the best in Client services that he and his Team can provide.

Tampa Bay Realtor Kenny Hayslett and the Hayslett Team serve the Tampa Bay area, including the cities of Clearwater, Palm Harbor, Tarpon Springs, New Port Richey, Hudson, Odessa, Oldsmar, Tampa, Brandon, Temple Terrace, Riverview, and more.

To learn more about the Hayslett Team and how it can help you buy or sell your home, please visit the HayslettTeam.com or contact the offices at 727.443.6700.

Wednesday, April 1, 2009

6 Reasons Why NOW Is A Good Time To Buy

1. Uncle Sam is willing to help. First-time buyers (defined as anyone who hasn’t owned a home in the last three years) are entitled to a maximum $8,000 tax credit; interest rates are at record lows; and the Federal Reserve is doing its best to make mortgage loans available.

2. People have to live somewhere. About 800,000 new households are formed each year in this country, ensuring that the housing market will tighten, even if the economy doesn’t soar.

3. Borrowers leverage their investment. If you put $10,000 into the stock market and it earns 10 percent, you’ve earned $1,000. If you put $10,000 down on a home and its values increases 10 percent, you’ve made $10,000.

4. When prices come back up, you’ll have instant equity. In parts of the country where foreclosures have driven down prices, better times will mean the price of the home you buy will rise rapidly.

5. Mortgage costs stay the same. If you get a fixed-rate mortgage, the monthly payment stays the same – while everything else, including rent, goes upward.

6. You own it. There is something comforting in the notion that your home is your own. You can paint it any color you want, let the dog run in the back yard and hang a swing for the kids in the front.


Based on news article from NY Times

Sunday, March 29, 2009

Mortgage Rates Drop to Record Lows

Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages dropped to 4.85 percent this week, from 4.98 percent last week. It was the lowest in the history of Freddie Mac’s survey, which dates back to 1971 and was down a full percentage point from a year ago.The previous record low of 4.96 percent was set in the week of Jan. 15. Rates fell after the Fed last week said it will pump $1.2 trillion into the economy in an effort to lower rates on mortgages and loosen credit.Rates on 30-year mortgages traditionally track yields on long-term government debt.Though the yield on the benchmark 10-year Treasury note initially plunged by about 0.5 percentage points after the Fed’s move, lenders did not pass the entire drop on to borrowers. Bond yields rose after worries about what some saw as lackluster demand at a government debt auction Wednesday.