Pricing Your Home To Sell

    So you’ve decided to put your house on the market? You must separate yourself from sentimental feelings and price it so that more buyers see it — and notice it. Here’s how. You’re selling your home. Here’s the big question: Should you set the price high, expecting buyers will bargain you down eventually? Or should…

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      How Is Commercial Real Estate Valued?

      In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property.  Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…

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        Southeast Commercial Development: 2006 Review

        The beginning of a new year is always a good opportunity to review and analyze the previous year’s activities and plan for the coming year. 2006 was an exciting and successful year for the development group. On the multi-family side, Lullwater at Saluda Pointe, our 280 unit luxury development in Lexington S.C. (a suburb of Columbia)…

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          Multi-Family Real Estate Market Q2 2007

          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,…

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            The Principles Of Commercial Property Ownership

            Own’er-ship n. – Of or belonging to oneself or itself.  The one or ones belonging to oneself.  To have or possess. To confess : acknowledge.  own up. In my early adult life, a very wise dear friend once shared with me that no matter what road I chose to take in life to always take…

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              Multi-family Real Estate Market Review 2008

              In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results.  The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…

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