Steve Eckhardt's Tampa Bay Area Luxury Real Estate Blog

Real Estate Broker/Owner - Cornerstone Properties International
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.
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 mill...
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. ....
The city of Tampa is showing its strength in recovering from the recession. In a study of the economies of 150 cities worldwide before, during and after the recession, Tampa ranked 74th in terms of economic growth from 2009 to 2010. This was a huge improvement from its 120th ranking over the 2007...
Moody's Analytics economist Chris Lafakis said the Federal Reserve will remain aggressive, with a quantitative easing plan that he equated to "basically flooding the global monetary system." Lafakis predicted the strategy would lift asset prices, reduce corporate borrowing costs, and increase the...
Sales of existing condominiums in Florida rose 15 percent in third quarter 2010 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 16,938 existing condos sold statewide in 3Q 2010; during the same period the year before, a tot...
Now is the time to purchase a new home if you plan on taking advantage of Florida's homestead exemption next year!!  You will want to make the most of this Buyers Market in the next couple of weeks to benefit up to $50,000 in tax exemptions in 2011. Realtor friend Maria Norton reminds us that tec...
The median sales price for homes in Clearwater Beach FL for Jul 10 to Sep 10 was $710,500. Sales prices have appreciated 1.5% over the last 5 years in Clearwater Beach. The average listing price for Clearwater Beach homes for sale was $583,286 for the week ending Oct 20, which represents a declin...
Rates on 30-year mortgages fell to the lowest level in decades for the ninth time in 12 weeks, pushed down by traders anticipating a move by the Federal Reserve to pump more money into the economy. The average rate for 30-year fixed loans dropped to 4.27 percent, mortgage buyer Freddie Mac said T...
In the years 1950 through 2008 Florida grew by more than 125,000 residents every year.  But, for the year April 2008 through 2009, Florida lost residents for the first time in over 61 years.  Last year's population decline, a result of the economic slump, was the first since 1946, when military p...
Early last week NAR released the national numbers for July sales.  Overall sales saw a large drop 27% from June and 25% year-over-year from July 2009. While the pundits debate whether the sharp drop in overall sales was a meaningful indicator of market activity or just a product of the expiration...

Steve Eckhardt

Tampa, St Pete, and Sarasota Luxury Broker
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