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.
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 ...
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 a...
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.
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 estat...
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 Prop...
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 ex...
For the second month in a row, homes sales in the Sarasota area bucked a national decline, but the region saw pricing erode for the first time in months.  Sales were up 30 percent in the Sarasota-Bradenton market compared with a year ago.  While January's median sales price in the Sarasota-Braden...
According a quarterly report from the National Association of Home Builders and Wells Fargo, the typical American family, who makes the nation's median income of $64,000 a year, could afford to buy 70.8% of all homes sold in the United States during the last three months of 2009.   That's off jus...
Starting early this summer, the Federal Housing Administration (FHA) is tightening lending standards in an effort to bolster its dwindling reserves. The new lending standards will make it tougher for prospective FHA buyers to purchase a home by requiring a higher down payment than the typical 3.5...
This afternoon I was invited to attend the re-listing of Matt Geiger's (former NBA star and Tampa Bay native) 30,000+ square foot Estate about a half hour North of Tampa in Tarpon Springs.  Initially listed back in May of 2007 for almost $20 million, the new listing brokerage, Engle & Volkers, h...


Tampa, St Pete, and Sarasota Luxury Broker
local_phone(813) 929-3900
smartphone(813) 765-1182
Contact The Author
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.