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…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
Why Are So Many Homeowners Under Water? Guy Gunn The term “under water” has come to mean that owners owe more on their home than it is worth in the marketplace. So how does this occur? During the financial troubles of the late 70’s and early 80’s, we saw interest rates peak in the 16%…
Last time we talked about St. George Island and The Plantation, a closed community development that has set a benchmark for real estate on the island. The real estate boom started around the year 2000 and peaked in June of 2005 with the highest price paid for a lot at $2.62 million. There were no…
A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank. In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance. That is, even though the property has been sold to…
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 December…
The Warner Robins Real Estate Market Report was updated on January 15th, 2013. The report contains all the statistics for home sales in the last quarter of 2012, for Warner Robins GA and all of Houston County Georgia. Follow the link below to get your copy. http://www.fickling.com/homes-for-sale-warner-robins-georgia.html Report prepared by: Elaine Lee, Senior Vice President,…
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….
Fickling & Company is happy to announce that we were voted, “2016 Best of the Best Commercial Real Estate Brokerage.” Fickling & Company provides commercial real estate services in Macon Georgia, Warner Robins Georgia, and the entire southeast. We offer professional commercial real estate consulting to buyers and sellers, commercial property sales, and commercial property…
Rental property accounting doesn’t have to be complicated, but it does have to be precise. When you’re earning income from your rental properties and spending money on things like maintenance, marketing, and tenant screening, you need to have an accounting of all that. Most rental property owners don’t get into the real estate business because…
