Lullwater East Commmercial Developement

    Work has progressed well on our retail developments MarketPlace at Bass, Lullwater Village and Lullwater East here in Macon. At MarketPlace, the new McDonalds has opened and, judging from the crowds we are seeing there, is doing a great business at the corner of Bass Road and Bass Pro Blvd. We have heard many compliments…

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      Multi-family Real Estate Market Q1 2008

      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 December…

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        Commercial Real Estate Forecast 2008

        Whew!!  2007 – “That Was The Year That Was”.  That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate.  We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…

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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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          4th of July Events Near You!

          Get ready to celebrate America’s birthday in style! The 4th of July is right around the corner, and communities across the country are gearing up for a day filled with patriotic fun, family-friendly activities, and unforgettable fireworks displays. Whether you’re looking for a laid-back picnic in the park, a lively parade, or a night sky…

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            Warner Robins Real Estate Market Q2 2009

            For the second quarter of 2009 Warner Robins and Houston County still appear to be ahead of the economic pack.  With many folks predicting gloom and doom for our US economy, Houston County is still a bright spot on the economic landscape.  As a matter of fact, it was recently announced that the Warner Robins…

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