Macon Commercial Office Space Market

    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…

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      Macon Multi-family Market Update Q1 2009

      The Bibb County apartment market continued to be active in 2008, albeit considerably slower than 2007.  The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans.  The loan to value dropped to 75-80% and actual NOI was used to arrive at the value.  The demand for apartment complexes, especially…

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      Help Your Homes Resale Value

      Selling your home doesn’t have to mean tearing out cabinets or spending a fortune on renovations. In most cases, a few smart updates can make a big difference in how quickly your home sells — and how strong the offers are. If you’re getting ready to list, here are five practical improvements that can help…

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        What Is A Short Sale?

        A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank.  In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance.  That is, even though the property has been sold 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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