In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize. We may have been too optimistic. We now believe the housing slump will continue through year end and start to stabilize in early 2008. Some of the statistics that influenced our prediction…
It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing. Besides rising energy prices, inflation has been tamed for the time being. Employment statistics still look good, but wage increases for most workers have been almost non-existent. The Ten Year U.S….
Many have noticed that the price for land and timber real estate in Middle Georgia is climbing daily. The Big Four (which includes Bibb, Monroe, Houston and Jones Counties) command such a high price-per-acre that perhaps it is acceptable to land real estate investors; but they are pretty scary numbers to your average timber real estate or…
With so many services online to help buyers sell their home, why should someone consider using an agent? Agents offer many skills required to sell a home in a timely matter, and for the most money. For this blog post, we seek to share how hiring an agent is beneficial, so we asked Elaine Lee,…
The Forgotten Coast, located in the Panhandle of Florida, stretches from Alligator Point (south of Tallahassee) westward to Mexico Beach. The name was coined in the early nineties when a Florida tourism group “forgot” to include information about this area on their map. This prompted a local group to create their own brochure and map…
After attending the Hunter Hotel Investment Conference this March 2009 and hearing the famous economist from Georgia State University Rajeev Dhawan the industry outlook is not pretty. With lenders, franchisors, and industry experts having no answer to when the economy will turn and be positive. The Pain Is Now The PKF-HR March 2009 national forecast…
Retailers and Industry continue to move into our area. Investors are looking intently at our region. There are numerous projects in the works. Why are we enjoying this prosperity? For one, the real estate dollar goes a long way in our area compared to other areas around our region. For another, Atlanta sprawl moves closer…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
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…
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…
