The Macon, Georgia downtown and suburban office real estate markets remained stable in 2007. According to Fickling & Company’s recent survey, including a comparison of almost 1,000,000 square feet of office space in Bibb County, the 2007 suburban office market remained virtually unchanged. The suburban market maintained approximately 80% occupancy which is a slight decrease…
Tenant turnover periods can be stressful for both landlords and tenants, but they don’t have to be. When you put together an organized, automated, and well-documented process, you can expect to start and end the tenancy on a positive note. Remember that tenant communication is critical, especially when they’re moving into the property and preparing…
From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years. One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.” These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…
The Bibb County apartment market continued to be active in 2008, albeit considerably slower than 2007. The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans. The loan to value dropped to 75-80% and actual NOI was used to arrive at the value. The demand for apartment complexes, especially…
It may be hard to believe, but the back-to-school season is right around the corner. As summer wraps up, now is the perfect time to get your home organized and ready for a fresh start. A well-prepped space can ease the transition and set your whole family up for a successful school year. Here are…
If you are a landowner or in the market to buy land, there are Landowner Assistance programs that could be beneficial to you and your land. The programs offered by the USDA forest service are designed to help the private landowner protect, restore and sustain private forests. A few of the programs available are: Forest…
Selling your home can be a significant endeavor, but with careful planning and execution, you can optimize the process and achieve a successful sale. Here are 10 valuable tips to help you get the most out of selling your home: First impressions matter. Boost your home’s curb appeal by maintaining a well-manicured lawn,…
When you get ready to sell your property, there are a number of things to consider before listing. Who will market the property, how much to sell for, how and where to market the property, just to consider a few. Selling a property is a time consuming and tedious project therefore, consider the following questions before…
Making your property ready for the rental market requires a few important steps. Landlords who are too quick to list and show their properties are often left with longer vacancies because tenants who see the home are not impressed. Pay attention to detail, and make sure your home is ready to rent. If it’s not…
The world of real estate has certainly come a long way in the last 15 years or so. Online listings have completely changed the game. With all the new technology allowing home buyers to be able to take virtual tours, people are wondering if open houses are a thing of the past or if they…
