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KPMG Study Reveals Tampa Ranks as the Least-Expensive Large U.S. Cities for Business - 03/31/10 02:39 PM
Very competitive labor costs along with moderately-low office/industrial leasing and sales tax costs help make Tampa the least-costly place to do business among 22 U.S. cities/locations with populations exceeding 2 million, according to a study by KPMG LLP, the audit, tax and advisory firm. http://www.prnewswire.com/news-releases/kpmg-study-reveals-tampa-atlanta-rank-as-least-expensive-large-us-cities-for-business-89510162.html Steve Eckhardt, Broker, Luxury Real Estate Professional Contact me at (813) 765-1182
Home Prices Post Smallest Drop In 3 Years - 03/31/10 01:38 PM
Home prices showed the smallest annual decline in almost three years in January, indicating there are areas of strength in the housing market. The Standard & Poor's/Case-Shiller 20-city home price index fell just 0.7 percent from last year on a seasonally adjusted basis. Better still, prices rose 0.3 percent from December to January, the eighth consecutive monthly gain. Among the 20 cities in the index, 12 rose. Steve Eckhardt, Broker, Luxury Real Estate Professional Contact me at (813) 765-1182
Check Out Steve Eckhardt's Other Social Networking Profiles My Blog http://www.luxuryhomeblog.com Facebook http://www.facebook.com/CornerstoneProperties Twitter http://www.twitter.com/theflbroker Flickr (0 comments)
New Housing Analysis Claims Sarasota & Tampa Bay Homes Are UNDERVALUED - 03/24/10 12:33 PM
In a report released by IHS Global Insight, using statistics from the end of 2009, titled House Prices In America, Sarasota area home prices are 27% undervalued and Tampa area home prices are 20% undervalued. In the report, IHS deemed the country as a whole slightly undervalued. When all of the 330 metro areas are weighted by market value, the nation is 8.9% undervalued. When weighted by housing units, the nation is 10.3% undervalued. House prices fell during the fourth quarter of 2009 by only 0.1% in quarter-over-quarter terms (1.2% year-over-year), according to the Federal Housing Finance Agency (FHFA). This decline, which (0 comments)
Attorney General McCollum Warns Of ‘Massive’ Commercial Foreclosures In Florida - 03/23/10 07:16 PM
TALLAHASSEE, Fla. - March 23, 2010 - Attorney General Bill McCollum wrote to legislative leaders on Friday urging them to take note of the potential for "massive" foreclosures on commercial real estate, as more than $1 trillion in commercial real estate loans from Florida's most recent big boom all reach the end of their terms about the same time. "As I learn more about the potential for massive commercial real property mortgage foreclosures, I am convinced that swift legislative remedial action this session would avert some of the more devastating consequences of such foreclosures," McCollum wrote. "As one of the largest (0 comments)
Tampa Bay Area Home Sales Increase - 03/23/10 12:32 PM
Tampa Bay homes sales for February improved year over year. 2,050 homes sold last month in the Tampa Bay area versus 1,856 in February 2009. (0 comments)
IS PRINT FINALLY DEAD? Read all about it!! - 03/10/10 10:02 PM
90% of home buyers used the Internet to search for homes in 2009. 40% used newspapers, and 26% used a home book or magazine. Real estate classified advertising is being hit especially hard. Mega publisher McClatchy is down 29.4% in real-estate classifieds revenue. Likewise, Gannett's real estate classifieds revenues are down 13.5%. Advertising dollars are slowly and surely fleeing print. A recent report from Borrell Associates sums up this flight. "There are less homes being sold, but at the same time advertisers and real estate brokers are looking for the most effective use of their dollars. And everybody agrees that the most (3 comments)
Rare Opportunity To Purchase 3.78 Acres on Longboat Key, Florida - 03/07/10 10:22 PM
Just Listed - $2,499,900. This 3.78 acre parcel off Gulf Of Mexico Drive and Bay Isles Road lies just North of Longboat Key Club on beautiful Longboat Key. Initially zoned commercial, the property was rezoned to accomodate 12 residential units. Contact Steve Eckhardt, Broker, Cornerstone Properties & Investments, Inc. at (813) 765-1182 for more information.
Fannie Mae Seeks $15.3 Billion In Bailout Money - 03/02/10 03:09 PM
Fannie Mae, the country's largest mortgage financier, says it needs another $15.3 billion to tide over the current housing crisis. The company posted a loss of over $ 70 billion in 2009 compared to $ 58.8 billion losses in 2008. Fannie's losses were mainly on account of $11.9 billion in credit expenses, which included bad loans and costs incurred in maintaining foreclosed properties. The company also took a $5 billion write-down on low-income tax-credit investments. About 5.38% of Fannie's single-family loans were more than 90 days delinquent, up from 2.42% a year earlier. Total nonperforming loans of the company were $216.5 (0 comments)
Local insight about the Tampa & Sarasota areas, economic conditions that affect the luxury housing market, and unique marketing ideas that help you sell your home.
Steve Eckhardt is the Founder, President, & CEO of Cornerstone Properties & Investments. He has been recognized by Who’s Who In Luxury Real Estate and has established himself as one of the area’s preeminent purveyors of luxury homes. His company, Cornerstone Properties & Investments, is a full service luxury boutique firm listing and selling some of the most expensive properties in Greater Tampa Bay and the Sarasota Gulf Coast Regions. His skilled team is committed to providing legendary client service with an unparalleled standard of integrity and expertise. Known for high-profile properties and clients, Steve can provide access to the most exclusive neighborhoods with complete confidentiality. His high regard for client's privacy is what keeps them referring friends and colleagues. We serve the Greater Tampa Bay, Clearwater, St. Petersburg, Sarasota, Siesta Key, and Longboat Key markets.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.