Fickling & Company Realtors

As I wrote in my previous article, 2006 was the year of the private investor.  Will 2007 be another year for the private investor?  Equity funds and institutions have recently surpassed investments from private investors.  This trend is unlikely to slow anytime soon since pension funds still report a great deal of pent-up investment demand.  But…

On March 24, 2008 the National Association of Realtors announced that existing home sales in February rose 2.9% over January sales.  This ended a seven month string of steady declines and was the first sign that the real estate market might be showing signs of recovery.  February 2008 sales were still 23.8% below February 2007…

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…

The first quarter of 2007 has been a busy one in the Commercial Development Department. At Lullwater at Saluda Pointe, our apartment development in the Columbia, South Carolina suburb of Lexington, we have opened the beautiful leasing office for business and the lease up process has begun in earnest. We expect our first residents to move…

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….

Whether you have or have not rented commercial space, there are several things you need to know. One, there is no standard lease agreement for all commercial properties. Typically, office, retail, and industrial properties have different leases and while there are some similarities they are also vastly different. Two, a commercial lease is a binding…

Fickling & Company’s Multi-Family Division is pleased to announce that we have recently added two new third-party managed accounts to our apartment portfolio.   When stepping in to a new management role, Fickling & Co., Inc. recognizes that accomplishing our mission requires the enthusiastic commitment of our most valuable resource – our employees.   Tips for…

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,…