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…
As the first quarter of 2007 comes to an end, we see the volume of leases and sales increased over the first quarter of 2006. Due to a sharp increase in supply, the vacancy rate has risen since the first of the year in the small office and retail market. Several new strip centers and…
Buying a house might seem like something you do later in life—but getting into the market while you’re young can actually be a major win. Sure, it’s a big step, but with a little planning and the right mindset, homeownership in your 20s or early 30s can set you up for long-term success. Start Building…
Whew!! 2007 – “That Was The Year That Was”. That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate. We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…
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…
As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008. The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets. It first began with an impact on the lenders which moved right through…
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…
The retail sector continues to prosper. Take a look at these selected news headlines from last quarter: • $10M Hotel On Way On Mercer Property • Northrop Awarded $43.3m Robins Contract • Security Bank’s Acquisition Of Rivoli Bankcorp Completed • Chain Store Sales Up 4.1% In May • Kia Plant’s Groundbreaking In West Point/La Grange,…
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…
