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…
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,…
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…
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…
We often encounter owners who aren’t sure if they should sell or rent their property in Macon. Perhaps you’re moving out of the area for work or you’re moving out of your house into something larger or smaller or closer to your family. Whatever your circumstances happen to be, we can help you determine whether…
We just finished with the first quarter of the new year. Currently, land prices in Georgia are great for the buyer and the seller. With prices still rising, it is a great time to buy or sell in our market. Rural land prices are still going up in all counties and it does not seem…
At the risk of sounding cliché . . . . . . . with this ever changing real estate market and the impact of the subprime market fiasco, now more than ever the importance of LOCATION, LOCATION, LOCATION is quite evident!! National trends, specifically in the Southeast, are showing us retail property prices are beginning to…
Halloween is the one time of year we like being a little scared. However, when it comes to buying or selling a home, no one wants any real-life frights. As the nights get cooler and pumpkins pop up on porches, here are a few ways to keep your real estate plans from turning into a…
Fickling & Company is a full-service property management company in Macon and the surrounding areas. We’re committed to providing excellent real estate services to our community, and we’re especially interested in helping our clients do more with their investments. With our help, both owners and tenants can have a pleasant and successful rental experience. When…
First impressions are everything, especially when it comes to selling your home. Whether you’re a seasoned real estate pro or a first-time seller, staging your home for an open house can make a world of difference in attracting potential buyers. Here are some expert tips to help you transform your space into a buyer’s dream:…
