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…
Shoppers, get ready for new stores and restaurants as the first large north Macon/Bibb County retail project, also the area’s first major lifestyle shopping center, prepares to open in a few short weeks. Located on Riverside Drive, just east of its intersection with I-75, The Shoppes at River Crossing plans to open this Spring with…
Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well? Well, most insiders don’t believe it is a direct result of the sub-prime hangover. They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…
Summer tends to bring a lot of action to the real estate world. From more houses selling, more people wanting to buy, price changes and changes in the market, there is a lot to stay on top of if you are looking to buy or sell a home. Let’s go over a few things you…
Cycles… what are they? In baseball, there is hitting for the cycle, which is a batter hitting a single, double, triple and a homerun in one game. In astronomy, there is an orbit cycle in which planets rotate around an object. There are bicycles and motorcycles in which the wheels travel in a circular motion. I…
Carlton Ridge South is a newer development and features affordable new construction in Warner Robins / Houston County Georgia. Prices seem to be starting in the upper $100’s range. Carlton Ridge South is located off Feagin Mill Rd. close to highway 41. See all homes for sale in Carlton Ridge South : http://www.fickling.com/subdivisions/carlton-ridge.html
Commercial Real Estate Trends for 2018 Online Purchases: Over the last decade, American consumers have continued the shift toward online purchases. According to Census.gov, E-commerce sales, in the first quarter of 2018, accounted for 9.3 percent of total sales The new craze of online shopping leaves the commercial real estate market with new opportunities for…
If you’ve been thinking about selling your home, spring is hard to beat. There’s a reason it’s known as the busiest season in real estate—this is when everything tends to line up in a seller’s favor. For starters, buyers are out in full force. Warmer weather and longer days naturally get people moving, and many…
Have you ever wanted to invest in rental property? If you are reading this the answer is probably yes. Owning rental real estate is a great way to build wealth; however, unless a person has current knowledge of the rental industry there could be several setbacks. As an industry leader since 1939, Fickling & Company has…
Bank Owned . . . sound familiar? In today’s world of commercial real estate, most of us are now all too familiar with such terms as “REO” (Real Estate Owned) or “OREO” (Other Real Estate Owned) or “CREO” (Commercial Real Estate Owned). It is far more normal in the current market to see bank owned…
