I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
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….
If you love movies, cool venues, and a good time, you need to check out the Macon Film Festival. Held every summer in downtown Macon, Georgia, this indie film fest has been bringing together filmmakers and fans for 20 years — and it’s only getting better with age. The 2025 Macon Film Festival runs from…
Fickling & Company Annual Picnic The annual picnic is a family fun event at Fickling & Company. The gathering is hosted on the Fickling Farm located in Macon, Georgia. As a family-owned real estate company, since 1939, the annual picnic is a long-standing tradition. Everyone gathers on the farm for good food, slushies, fishing, and of course…
Morgan Law, Director of the Houston County Industrial Authority, announced recently that in Houston County, there are currently 157 residential subdivisions either under construction, approved for development, or submitted for approval. This is in light of the information we hear in the national news about the housing bubble. We don’t believe the housing market turmoil…
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…
Macon, Georgia, a city rich in history and southern charm, is perfectly situated for quick day trips and local getaways. Whether you’re a nature enthusiast, a history buff, or just looking for a relaxing escape, there are plenty of options within a short drive from Macon. Ocmulgee Mounds National Historical Park This beautiful park is…
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…
Over the years, working as a property manager, I have found myself wearing hats of many colors and sizes. Property Management duties didn’t start when the lease was signed nor did it end when the tenant moved-out. The property manager is responsible for every aspect of the asset. One might say a property manager is the…
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,…
