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…
Warner Robins and the surrounding areas are full of things to do from shopping to museums, to hiking trails, there is something for everyone! Whether you’re looking for a peaceful retreat or an exciting night out you will be sure to find it here. If you are looking to move to the area or any…
There were no significant changes relating to the industrial real estate inventory during the first quarter of 2007. The vacancies in the market remain stable at about 4,000,000 square feet with a 75% occupancy rate. Again, this vacancy was mainly attributed to large blocks of industrial space such as the 2,000,000 square foot Brown &…
Retailers and Industry continue to move into our area. Investors are looking intently at our region. There are numerous projects in the works. Why are we enjoying this prosperity? For one, the real estate dollar goes a long way in our area compared to other areas around our region. For another, Atlanta sprawl moves closer…
If there is one thing I’ve learned in the multi-family industry, it is vital to have a quality resident retention plan in place in order to maintain a high occupancy. If your customers are pleased with you after they move in and stay that way through their lease term, they are more likely to remain…
It’s the end of 2006. In the Land and Timber real estate market, this year started out good in the first quarter with a high amount of land sales in all categories: Timber real estate tracts, Recreational tracts and Farm/Agricultural land. The second and third quarters didn’t go as well, due to severalfactors. Whenever there…
In this article we will discuss the National Market for 2006 and 2007. The condition of the housing sector has a direct impact on the condition of the multi-family market. As predicted, the housing sector slowed in 2006 after setting records for each year from 2000 to 2005. The Commerce Department estimated that October’s new home…
The second quarter of 2007 ended with total available inventory stable as predicted. However, the choices for products under 10,000 sf have increased. This is attributed to the addition of new development in the area as well as existing space being vacated. The preferred space seems to be Class A with 1000 sf of office…
Is it a good time to purchase multi-family property? Some of the current market conditions indicate that 2008 could be a year of opportunity for investors in multi-family properties. Let’s review some of the favorable conditions for the apartment market. A review of three factors, demands for apartments, supply of apartments and the financial…
