Change is coming, but the Hospitality Lodging Industry’s immediate future still looks bright. Lodging Outlook for 2008 Stressing that they foresee no recession in the immediate future, analysts at PFK Hospitality Research have taken a swing at what such a trough would look like, should the views of the industry pessimists prove correct. At first…
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…
The Macon-Bibb mayoral candidates spoke on topics such as education, road infrastructure, and the best and worst of the Macon-Bibb consolidation on Tuesday, April 12th, 2016 during a forum held at the Douglass Theater. The event was televised by 13WMAZ and video clips, pertaining to the major topics, are currently featured on their website. The guest panelists echoed the…
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…
Although it may still be cold outside, warmer days are coming fast! As spring approaches, we like to prepare for the warmth with a little sprucing up around the house. However, spring cleaning isn’t just about tidying up; it’s an opportunity to refresh your living space and breathe new life into every corner. Here are…
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…
Warehouse/industrial Market activity slowed in the 4th quarter of 2008, however the year ended with stabilized occupancy at 73%, basically unchanged from 2007. Occupancy in 2009 is expected to decrease. The construction industry is cutting back on occupied space as the cautious business climate and lack of financing continue to exert a negative influence in…
If you’ve been renting for a while, you’ve probably wondered whether it’s time to buy a home. Maybe your rent keeps going up, or you’re just ready to take the next step. Whatever the reason, it’s a big decision—but it might be one worth making sooner than later. First things first: let’s talk money. If…
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…
The media has reported that 2016 is shaping up to be a seller’s market. Whether you are looking to buy or sell a home many industry terms can be quite confusing. Let’s explore the terms buyer’s and seller’s markets. The type of market is defined by the amount of available inventory. Therefore, if a market…
