It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing. Besides rising energy prices, inflation has been tamed for the time being. Employment statistics still look good, but wage increases for most workers have been almost non-existent. The Ten Year U.S….
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…
Girl Scout Cookies are a beloved tradition for many, but have you ever stopped to think about how they started? What began as a small fundraiser over 100 years ago has grown into a nationwide event, bringing sweet treats to millions while supporting a bigger cause. The first Girl Scout Cookies were sold in 1917…
As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector. However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…
Much has happened in the world since our last newsletter. We have “officially” entered into an economic recession that has negatively impacted virtually every industry. No one really knows for sure but most knowledgeable folks seem to believe that we can hope to emerge from this downturn late this year or early 2010. Real Estate,…
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…
Fickling & Company announces the newest addition to our Transaction Services Team! Wendy Holmes Pierce recently transitioned from our Director of Commercial Property Management over to our Transaction Services. Wendy has spent her 16 year real estate career in the Commercial Real Estate Industry specializing in leasing and management of a mixed portfolio of properties including…
A roof is more than just a protective cover over your head; it’s a crucial component of your home’s structure that shields you and your belongings from the elements. However, roofs wear down over time, and the importance of replacing an aging or damaged roof cannot be overstated. Here’s why getting a new roof is…
As you all know, the commercial real estate business has experienced tough times. Financing to purchase a commercial investment has been very difficult or nonexistent. Recently, we interviewed several Middle Georgia banks offering commercial financing. The rules of the game have not really changed, they have just been enforced. You may remember what you did…
The Greater Macon Chamber of Commerce and the Macon Economic Development Commission (MEDC) hosted their 155th Annual Meeting on Thursday, December 3rd at Middle Georgia State University. During the meeting Patty Burns, a broker with Fickling & Company, received the Ambassador of the Year Award. The Ambassadors Committee maintains and enhances a membership retention program…
