fl: Jumbo Mortgage Rates Fall To Record Lows - 12/08/11 03:03 PM
The jumbo 30-year fixed mortgage rate fell to a new historic low of 4.68 percent, according to Bankrate.com’s weekly national research. The average jumbo 30-year fixed mortgage loan has an average of 0.4 discount and origination points.According to Bankrate’s survey, the average conforming 30-year fixed mortgage inched lower to 4.24 percent while the 15-year fixed mortgage held stable at 3.48 percent. Adjustable rate mortgages were generally lower, with the (blank) 5-year ARM dropping to 3.18 percent and the 10-year ARM inching down to 3.8 percent.Mortgage rates are very low, but based on the ultra-low levels of benchmark interest rates such as … (2 comments)

fl: Is The High End Rebounding In The Tampa Bay Area? - 01/05/11 04:13 PM
Back in February I featured video of Matt Geiger's 30,000+ square foot estate after a private open house.  After three and a half years on the market and several reductions from an initial asking price of $19,900,000 to $9,995,000, the Geiger property has finally sold for $8 million.  The $8 million dollar sales price is the highest since May of 2008 when a 13,000 square foot waterfront estate in Belleair sold for $10,250,000.  The January edition of Forbes Magazine said a recent Bain Consulting study indicated that sales of luxury goods for 2010 nearly reached the 2007 peak of $235 Billion.  Maybe the high end … (1 comments)

fl: Why We Advertise Our Listings Exclusively On The Internet......... - 12/13/10 04:18 PM
Internet usage has grown 121% in the past five years. So what are people doing less? Listening to the radio and reading things like newspapers and magazines.  Did You Know ...
...For more than one-third of home buyers, the first step in the home-buying process was looking online for properties.
...90% of homebuyers used the Internet as an information source when buying a home...77% of Internet homebuyers drove by or viewed a home they saw online...36% of buyers first found the home they purchased on the Internet
...Americans spend nearly a quarter of their time online on social networking sites and … (3 comments)

fl: Wave Of Foreclosures Has Begun In The Greater Sarasota Area - 08/12/10 03:23 AM
According to data released by California based RealtyTrac Inc., total foreclosure filings in the three-county region surrounding Sarasota jumped to 3,349 during July, a 40 percent increase from a month earlier and a 10.6 percent increase from July 2009.  While much of the reason for the rise stems from resets on adjustable-rate loans, market watchers are also seeing an increase in commercial foreclosures.  Records also show a steady flow of luxury properties going into foreclosure. At least eight homes in the million-dollar-and-over range fell into foreclosure in July. The largest was a $2.08 million loan on a 5,569-square-foot house on Osprey Point Drive.
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fl: Attorney General McCollum Warns Of ‘Massive’ Commercial Foreclosures In Florida - 03/23/10 12:16 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)

fl: Snell Isle Landmark Estate For Sale - Price tag: $18 million - 12/14/09 07:12 AM
A St. Petersburg waterfront mansion that was once home to Perry Snell, a prominent developer in the early 1900s, has been listed for sale for $18 million.

View The Listing Information By Clicking Here
Read The Tampa Bay Business Journal Story About The Home By Clicking Here
If you are searching for luxury homes and estates in the Greater Tampa Bay (Tampa, St. Petersbug, Clearwater) or Sarasota, please contact Steve Eckhardt at (813) 765-1182.
www.TheFloridaAuthority.com
www.SearchForTampaHomes.com
Listing Information Courtesy of Realty Executives
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fl: 3 Major Things to Look at When Buying Tampa or Sarasota Foreclosures - 08/01/09 12:57 PM
If you're looking to get a good deal by buying a Tampa or Sarasota foreclosure, keep in mind that many of the homeowners not only didn't have money for the mortgage, they probably didn't have money for the upkeep of the house either.  If you've found a home you're interested in, here's a short checklist to follow even before you decide to contact a home inspector.
 Structure
For some Tampa or Sarasota foreclosures, structure is a definite issue.  Pay close attention to the following, as they may indicate more severe problems:
Are the interior walls in good condition?  Any cracks and stains? Are the floors … (0 comments)

fl: Sarasota Equestrian Estate Reduced $150,000 - 01/26/09 03:24 PM

Take A Video Tour
Situated on almost seven acres, this luxury residence is a one of a kind masterpiece with over 4800 square feet of living space. As you step into the foyer, you are drawn to the soaring 30 foot coffered ceilings and a dramatic curved staircase. Travertine floors are found throughout the entire foyer, great room, kitchen, and dining room. This custom floorplan also features 4 bedrooms, 4 baths, a $100,000 media room, custom cabinetry, a study, an upstairs flex area, and all of the adornments you would expect in a prestigious estate home. Step outside the French … (1 comments)

fl: Sarasota Luxury Estate Reduced $250,000 - 01/26/09 03:16 PM

1655 BAY HARBOR LN, SARASOTA - $5,749,900 - Beauty and craftsmanship go hand in hand in this splendid Mediterranean masterpiece. In addition to the incredible full bay views, this exclusive residence features five spacious bedroom suites, study, loft, six and one half bathrooms, library, family room, formal living and dining rooms. The master suite has its own laundry room and wet bar. An oversized four car garage, brick paver motor court, authentic clay tile roof, and decorative hand carved stone fountain are striking enhancements to the exterior. The gourmet kitchen is a chef's delight with granite countertops, custom cabinetry with under … (0 comments)

fl: My Internet Advertising Has Been Validated! - 12/17/08 12:40 PM
For the last 3 years I have been telling my agents, my customers, and anyone else that would listen that print advertising for real estate is on it's way out.  The listings were old, the ads didn't contain the newer listings, and you weren't able to get a feel for the home like you can with virtual tours and online video.
Apparently, I was right.  A new study conducted by Harris Interactive and sponsored by Intel Corp. finds that 65 percent of adults feel they cannot live without Internet access. Additionally, 71 percent consider it important or very important to have Internet-enabled … (94 comments)

fl: Prime Tampa Bay Area Land Under Contract in 2006 for $28 million, Now Asking $15 Million - 12/08/08 01:51 PM
This 300 acre (MOL) property is located just North of Tampa in Pasco County/Land O Lakes.  Situated between two developments on US 41 and just across from the master planned community of Connerton. Sewer & Water are at site. Property has over 1500 feet of great frontage on US 41 for commercial use. Remainder could be used for single family homes or multifamily development.  The entire area is exploding. Multiple master planned communities with over 12,000 residential units are within just miles, Publix has just opened a new store and other commercial developments are planned. Property includes 4 parcels.  Download all … (0 comments)

fl: Equestrian Estate Home On Seven Acres Just Minutes From Sarasota - 11/13/08 02:21 PM
5351 Saddle Oak Trail, Sarasota, FL  34241     Asking $1,749,900
 
   
Take A Video Tour
Situated on almost seven acres, this luxury residence is a one of a kind masterpiece with over 4800 square feet of living space. As you step into the foyer, you are drawn to the soaring 30 foot coffered ceilings and a dramatic curved staircase. Travertine floors are found throughout the entire foyer, great room, kitchen, and dining room. This custom floorplan also features 4 bedrooms, 4 baths, a $100,000 media room, custom cabinetry, a study, an upstairs flex area, and all of the … (1 comments)

fl: Mediterranean Waterfront Home In Sarasota For 30% Less Than You'd Pay In Miami - 11/10/08 10:01 AM
1655 BAY HARBOR LN, SARASOTA - $5,999,877 Beauty and craftsmanship go hand in hand in this splendid Mediterranean masterpiece. In addition to the incredible full bay views, this exclusive residence features five spacious bedroom suites, study, loft, six and one half bathrooms, library, family room, formal living and dining rooms. The master suite has its own laundry room and wet bar. An oversized four car garage, brick paver motor court, authentic clay tile roof, and decorative hand carved stone fountain are striking enhancements to the exterior. The gourmet kitchen is a chef's delight with granite countertops, custom cabinetry with under cabinet … (0 comments)

fl: The Luxury Home Marketplace - Greater Tampa Bay Area, FL - 11/09/08 04:36 PM
The luxury home market has held up relatively well over the last 2 years compared to the general market.  Those of us focusing on the luxury home segment know that this market is usually the last segment to slow down and the first segment to recover.  The most recent figures released by The Institute For Luxury Home Marketing show that the median price nationally remained virtually unchanged at $1,154,881.  This is only a slight decrease from the 2008 high in January just above $1,190,000.  The national median price per square foot was $333. 

 
In the Greater Tampa Bay Area … (0 comments)

 
Steve Eckhardt, Tampa, St Pete, and Sarasota Luxury Broker (Cornerstone Properties International) Rainmaker large

Steve Eckhardt

Tampa, St Pete, and Sarasota Luxury Broker

Tampa, FL

More about me…

Cornerstone Properties International

Address: 8875 Hidden River Parkway, Suite 300, Tampa, FL, 33637

Office: (813) 929-3900

Mobile: (813) 765-1182

Email Me

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.


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