Steve Eckhardt's Tampa Bay Area Luxury Real Estate Blog

By
Real Estate Broker/Owner - Cornerstone Properties & Investments, LLC
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.
RECENT BLOG POSTS
          While we’ve seen a few slow years in the non-waterfront luxury home segment, 2011 saw a welcome increase in the number of million dollar homes sold around the Tampa Bay area.  Within a 30 mile radius of Tampa, there were 51 properties sold with a price tag of $1 million or more. The av...
01/06/2012
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-yea...
12/08/2011
Over the last year an estimated $12.7 billion dollars in real estate was purchased in Florida by foreign investors. Over 86% of those investors bought these properties with cash.  Factors that influenced these investors include a weaker dollar, discounted costs for property and increasing rent pr...
11/04/2011
Dr. Beach, America's preeminent beach expert, just named Siesta Key Beach in Sarasota the best beach for 2011.  Dr. Beach, who is also known as Dr. Stephen Leatherman of Florida International University, says, "The powdery sand is nearly pure quartz."  Wide swaths of open beach and gentle waves ...
05/27/2011
Foreclosures in April were a whopping 59 percent lower in Florida than a year ago according to statistics compiled by RealtyTrac.  Nationwide, foreclosure proceedings in April 2011 dropped 34 percent from April 2010.
05/13/2011
Tampa had the most active existing home sales market in the state with 7,710 sales, up 17% for the first quarter of 2011.  Florida existing home sales increased 13% and existing condominium sales increased 29% over the first quarter 2011, according to the Florida Association of Realtors
05/11/2011
Florida's existing home sales surged in March, recording the single biggest month since late 2005. Sales of condos and homes jumped 36 percent from February to March, surpassing the national rise of 3.7 percent, according to figures from the Florida Realtors and the National Association of Realt...
04/21/2011
With condos and homes selling for up to 60% off their all time highs, investors, move-up home buyers, and luxury home buyers are finding value in Florida real estate.  In December 2010, almost half of all buyers paid cash in the major markets in Florida. In the Tampa Bay area, over 44% of all bu...
02/09/2011
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...
01/06/2011
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. ....
12/14/2010
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Steve Eckhardt

Tampa & Sarasota Luxury Broker
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