As the first quarter of 2007 comes to an end, we see the volume of leases and sales increased over the first quarter of 2006. Due to a sharp increase in supply, the vacancy rate has risen since the first of the year in the small office and retail market. Several new strip centers and…
Change is never easy, particularly if stuck in the same old routine. This year, Fickling & Company’s management department has undergone change. In efforts of becoming a more successful management department, it is essential to build an excellent and reliable reputation with our clients and customers. Keeping pace with deadlines is no easy task, and…
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…
When you get ready to sell your property, there are a number of things to consider before listing. Who will market the property, how much to sell for, how and where to market the property, just to consider a few. Selling a property is a time consuming and tedious project therefore, consider the following questions before…
Buy or sell? List my property or keep it off the market until the market turns around? Engage the expertise of a seasoned commercial real estate broker or try to handle myself? These are all questions commercial real estate investors are faced with on a daily basis. One thing I think we are all keenly…
Make no mistake . . . . . Peach County real estate is sharing in the growth of it’s surrounding neighbors, Bibb and Houston Counties. With the recent trend in residential, industrial and commercial real estate growth in the southern sector of Bibb County and the northern sector of Houston County, it’s no wonder that Peach County,…
From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years. One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.” These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…
Spring is on the way — you can feel it in the air. And like the coming of spring you can feel the underlying buzz of activity and excitement in Peach County. We are currently working with several business owners who are focused on the Byron/Fort Valley area. They are intrigued by the Fort Valley…
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…
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…
