Fall is finally here, and you know what that means—it’s pumpkin patch season! Whether you’re hunting for the perfect carving pumpkin, planning a cute photo day, or just craving that crisp autumn air, there are plenty of great spots around Macon to make the most of it. Grab your flannel, a cup of cider, and…
The real estate industry has recently learned of a fraud tactic being used against its customers involved in home purchases. The criminals involved in the fraud cases are using the compromised email accounts of Realtors, title company agents, and loan officers to have customers divert closing money to an account controlled by the criminals, as…
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…
Tenant turnover periods can be stressful for both landlords and tenants, but they don’t have to be. When you put together an organized, automated, and well-documented process, you can expect to start and end the tenancy on a positive note. Remember that tenant communication is critical, especially when they’re moving into the property and preparing…
Fickling & Company’s Multifamily Division had an outstanding 2007. Total Revenue increased by an average of 9% over 2006 operating results. Overall occupancy increased by an average of 5%. Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…
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…
Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space. It…
The first quarter of 2007 has been a busy one in the Commercial Development Department. At Lullwater at Saluda Pointe, our apartment development in the Columbia, South Carolina suburb of Lexington, we have opened the beautiful leasing office for business and the lease up process has begun in earnest. We expect our first residents to move…
Not everyone embraces change. It can be stressful, and if that change involves your rental property, things can really seem overwhelming. Don’t be afraid of change if your management company isn’t working for you, however. If you aren’t getting the service you need and expect, you should absolutely look for a new property management partner….
Looking back at the remarkable year we’ve just enjoyed in Middle Georgia’s retail real estate market and ahead to 2007, I am going to make some projections. I have always said that key to the economy’s remaining positive is Consumer Spending. Everything I’ve read shows Consumer Spending slowing, but continuing in a positive vein for 2007….
