Multi-family Real Estate Market Q1 2008

    In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008.  Unfortunately, there has not been any news that changes our belief.  Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on December…

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      Multi-family Real Estate Market Review 2008

      In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results.  The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…

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        Understanding the Subprime Mortgage Meltdown

        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…

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        Macon Property Management Accounting – Why it is Crucial to Maximize Your ROI

        Rental property accounting doesn’t have to be complicated, but it does have to be precise. When you’re earning income from your rental properties and spending money on things like maintenance, marketing, and tenant screening, you need to have an accounting of all that.  Most rental property owners don’t get into the real estate business because…

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        Fickling & Company Broker Receives Ambassador of the Year Award

        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…

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        Press Release: Fickling Management Services Announces Several Position Reassignments

        Fickling Management Services is pleased to announce several reassignments in its multifamily property management business sector. Those assignments include: Mr. Jason Girvin to Vice President, Multifamily Property Management Ms. Michelle Fischer to Director of Operations, Multifamily Property Management Ms. Macia Hamirani to Director of Training and Compliance, Multifamily Property Management According to Bob McMahon, President…

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          On The Retail Track

          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…

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            Macon Commercial Development Q2 2009

            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,…

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