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…
Most people who want to invest in real estate start off with single family residential properties. They do this because they are more familiar with residential property, and the thought of owning commercial property is scary to the new investor. I know investors who own multiple single family residences. However, because of the high maintenance…
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,…
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…
If you’ve been renting for a while, you’ve probably wondered whether it’s time to buy a home. Maybe your rent keeps going up, or you’re just ready to take the next step. Whatever the reason, it’s a big decision—but it might be one worth making sooner than later. First things first: let’s talk money. If…
Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett Open any newspaper or turn on any news channel and you will hear the same thing: The Real Estate market is doomed. Interest rates are beginning to rise while the numbers of new real estate buyers are shrinking. Not to…
After attending the Hunter Hotel Investment Conference this March 2009 and hearing the famous economist from Georgia State University Rajeev Dhawan the industry outlook is not pretty. With lenders, franchisors, and industry experts having no answer to when the economy will turn and be positive. The Pain Is Now The PKF-HR March 2009 national forecast…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
Top 5 Reasons You Shouldn’t List Your Home As A FSBO (For Sale By Owner) As home prices continue to rise, a lack of inventory remains a crucial challenge in today’s market which has some homeowners trying to sell their homes on their own. 1) Exposure to Prospective Buyers A whopping 95% of buyers utilize online…
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…
