Warner Robins Real Estate 2007 Forecast

    2006 has been a record breaking year in Houston County real estate for new construction in the commercial realm of retail, office, hotels, churches, schools and multi-family projects.  Within the last sixty days the city is showing twenty-seven commercial projects under review, eighteen more being resubmitted for review, nineteen approved, thirty-one under construction, and twenty-one…

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      Multi-family Real Estate Market Q3 2007

      In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize.  We may have been too optimistic.  We now believe the housing slump will continue through year end and start to stabilize in early 2008.  Some of the statistics that influenced our prediction…

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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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          Industrial Real Estate Market 2006, A Look Back

          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…

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