Warner Robins Commercial Real Estate Forecast 2008

    “Record growth” has become the catch phrase for Houston County.  The fourth quarter of 2007 brought wide-ranging construction projects from Best Buy and Walgreens, to new surroundings for Flint EMC and Lowe Toyota, as well as new dining options such as Olive Garden and seven other new  restaurants. Mayor Donald Walker and the Warner Robins…

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    Day trips and Local Get Aways

    Macon, Georgia, a city rich in history and southern charm, is perfectly situated for quick day trips and local getaways. Whether you’re a nature enthusiast, a history buff, or just looking for a relaxing escape, there are plenty of options within a short drive from Macon. Ocmulgee Mounds National Historical Park This beautiful park is…

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      Understanding the Subprime Mortgage Meltdown

      I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown.   I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate.  It…

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        Housing Market’s Effect On Warner Robins Real Estate

        Morgan Law, Director of the Houston County Industrial Authority, announced recently that in Houston County, there are currently 157 residential subdivisions either under construction, approved for development, or submitted for approval.  This is in light of the information we hear in the national news about the housing bubble.  We don’t believe the housing market turmoil…

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          Still A Good Time To Do A 1031 Exchange?

          Despite the softening economy and turmoil in the capital markets, investors continue to have confidence in the U.S. commercial real estate industry.  In a survey showing that one in five investors expect the economy to be stronger in 2008, the majority still want to invest more funds into commercial real estate.  Concerns about financing will…

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            Multi-family Real Estate Market Review 2008

            In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results.  The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…

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