Bank Owned . . . sound familiar? In today’s world of commercial real estate, most of us are now all too familiar with such terms as “REO” (Real Estate Owned) or “OREO” (Other Real Estate Owned) or “CREO” (Commercial Real Estate Owned). It is far more normal in the current market to see bank owned…
Last time we talked about St. George Island and The Plantation, a closed community development that has set a benchmark for real estate on the island. The real estate boom started around the year 2000 and peaked in June of 2005 with the highest price paid for a lot at $2.62 million. There were no…
Macon’s newest Starbucks Coffee opened in Lullwater East on Bass Road in September, serving their delicious coffee drinks to great crowds. It is a beautiful store and complements our shopping center very nicely. I would invite you to stop in, if you have not already. The Starbucks Coffee associates are always friendly and, if asked,…
If you’ve been thinking about selling your home, spring is hard to beat. There’s a reason it’s known as the busiest season in real estate—this is when everything tends to line up in a seller’s favor. For starters, buyers are out in full force. Warmer weather and longer days naturally get people moving, and many…
Fall is an ideal time to take care of home projects. The weather is cooler, and there’s still plenty of daylight to get things done before winter. A few small updates now can save you time, money, and stress later. Here are some practical improvements worth tackling this season. Tidy up the yard Clearing leaves,…
Back-to-school likely means back to a busier schedule for you and your family. But with a little decluttering and some smart organizing hacks, you can make this school year the best one yet. Here’s everything you need for back-to-school organizing to get your house in shape for the new school year. ORGANIZE CLOSET SPACE IN KID’S…
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…
If you’re looking to sell your home, upgrading your kitchen can be a smart investment to make your home stand out to potential buyers. We would argue the Kitchen is the most important room in the house. It is a place for gathering, entertainment and a sense of togetherness. The process of remodeling can be…
There were no significant changes relating to the industrial real estate inventory during the first quarter of 2007. The vacancies in the market remain stable at about 4,000,000 square feet with a 75% occupancy rate. Again, this vacancy was mainly attributed to large blocks of industrial space such as the 2,000,000 square foot Brown &…
Buying a house might seem like something you do later in life—but getting into the market while you’re young can actually be a major win. Sure, it’s a big step, but with a little planning and the right mindset, homeownership in your 20s or early 30s can set you up for long-term success. Start Building…
