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…
As predicted, the Bibb County Industrial Market experienced a substantial vacancy increase in 2006 with the 2.2 million square foot Brown & Williamson Plant officially being added to the existing vacancy inventory of more than 2 million square feet of space. Total Industrial space in the Bibb County market increased to 16 million square feet in…
Every January, we all get caught up in the hype of New Year’s resolutions. We’re going to lose weight, save money, or finally get around to organizing that messy garage. But what about resolutions tied to real estate? Whether you’re dreaming of buying your first home, selling your current one, or diving into investment properties,…
In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008. Unfortunately, there has not been any news that changes our belief. Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…
As the real estate market in this region continues to grow and boom, businesses — both major corporations and small start up companies — may begin to question whether they should lease or purchase property for their business to locate. The question is a valid one and the answer is simple – both! At some…
As we get to the end of another year, it is time to reflect on what happened in the office real estate market in 2006 and what we can look forward to in 2007. In looking back over the past year the Macon and Middle Georgia office market is not unlike the national office market….
On March 24, 2008 the National Association of Realtors announced that existing home sales in February rose 2.9% over January sales. This ended a seven month string of steady declines and was the first sign that the real estate market might be showing signs of recovery. February 2008 sales were still 23.8% below February 2007…
Evictions are never fun, and most landlords in Warner Robins hope to avoid them altogether. However, if your tenant isn’t paying rent or is violating the lease in some way, you need to be prepared to remove them from your Warner Robins rental property. Check your lease and review the landlord tenant laws in Georgia….
State law prohibits a broker from representing a buyer as a client without first entering into a written agreement with the buyer under O.C.G.A. 10-6A-1 Understanding what the statement means An exclusive agreement means that the buyer agrees to hire the broker to act as the buyer’s exclusive real estate agent in order to assist…
The holiday season is a festive time of year filled with the hustle and bustle of shopping and memorable moments with co-workers, friends, and family. Gifts piled high as Fickling & Company of Warner Robins prepared for their annual office-wide holiday party. Everyone chatted and laughed while enjoying the delicious food; however, as attendees exchanged…
