Steve Eckhardt's Tampa Area Blog

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 blogs, up from 15.8 percent just a year ago (43 percent increase) according to new research released from The Nielsen Company.  If you're not using Facebook & Twitter to promote your listings, you are missing the boat.

...June 2010 was a major milestone for U.S. online video as the number of videos streamed passed the 10 billion mark. The average American consumer streaming online video spent 3 hours 15 minutes doing so during the month. (Source: Nielsen VideoCensus).  House Video is IMPORTANT.  Did you know YouTube is the 2nd largest search engine behind Google?

http://blogs.wsj.com/digits/2010/12/13/internet-now-as-popular-as-tv-survey-shows/

Steve Eckhardt, Broker, Luxury Real Estate Professional

Contact me at (813) 765-1182

www.TheFloridaAuthority.com

www.SearchForTampaHomes.com

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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 to 2010 period. its ranking was even better during the 1993 to 2007 period, when it ranked 83rd.

The 150 cities studied by Brookings Institution in its Global Metro Monitor were chosen not by their per capita income, but by their positions as areas of high-value and high-impact economic activity in their respective regions and nations. Their gross per capita income varies from less than $1,000 in Kolkata, India to about $70,000 in Zurich, Switzerland or San Jose, California. Additionally, nearly 80 percent of these cities have average incomes that are higher than those of other cities in their regions or nations.

With the above criteria, the selection of Tampa as one of the 150 cities for the Global Metro Monitor means that Tampa is a high-value and high-impact city in Florida. Brookings carried out the study together with the London School of Economics and Deutsche Bank Research.

The two other high-value Florida cities chosen for the study are Miami and Orlando. Before the recession, Orlando had the strongest economy among the three, with a ranking of 40th. Miami followed with a ranking of 66th. Tampa was then 83rd. But over the 2009-2010 period, Tampa surpassed them in terms of economic growth rate. Miami ranked 78th while Orlando ranked 85th.

• 74th   -   Tampa
• 78th   -    Miami
• 85th   -   Orlando

Among the three Florida cities, Tampa posted an income growth rate of 2.5 percent rate over the 2009-2010 period. Orlando posted 1.7 percent while Miami posted 1.6 percent.Before the recession - over the 1993 to 2007 period - Orlando was the most prosperous among the three cities. it ranked 40th on the Global Metro chart with an income growth rate of 2.2 percent and a job growth rate of 2.9 percent. Miami had an income growth rate of 2.1 percent.

Tampa has been recovering faster than Miami and Orlando partly because it didn't have the condo overbuilding problem of Miami and the sudden-growth challenges of Orlando. Additionally, Tampa has been able to maintain the community spirit that makes a city thrive amid challenges.

Posted by Orlando News Center on Dec 11, 2010

Steve Eckhardt, Broker, Luxury Real Estate Professional

Contact me at (813) 765-1182

www.TheFloridaAuthority.com

www.SearchForTampaHomes.com

Check Out Steve Eckhardt's Other Social Networking Profiles

Facebook   http://www.facebook.com/CornerstoneProperties

Twitter  http://www.twitter.com/theflbroker

Flickr  http://www.flickr.com/photos/27264581@N08/

LinkedIn  http://www.linkedin.com/in/cornerstoneproperties

YouTube http://www.youtube.com/csmtggrp85