The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
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 August 16…
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…
State law prohibits a broker from representing a buyer as a client without first entering into a written agreement with the buyer under O.C.G.A. 10-6A-1 Understanding what the statement means An exclusive agreement means that the buyer agrees to hire the broker to act as the buyer’s exclusive real estate agent in order to assist…
As we get to the end of another year, it is time to reflect on what happened in the office real estate market in 2006 and what we can look forward to in 2007. In looking back over the past year the Macon and Middle Georgia office market is not unlike the national office market….
As the holiday season rolls in, we’ve been taking a moment to slow down and think about what truly made this year special. Real estate moves fast, but gratitude helps us pause and appreciate the people and experiences that shape our work every day. First and foremost, we’re thankful for our clients. You invite us…
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…
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…
Buying a piece of land and building on it is an exciting journey, but it comes with its own set of challenges. Whether you’re dreaming of a custom home or starting a new project, here are some simple tips to help you along the way. 1. Do Your Homework Before you buy, take time to…
