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…
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…
Looking back at the remarkable year we’ve just enjoyed in Middle Georgia’s retail real estate market and ahead to 2007, I am going to make some projections. I have always said that key to the economy’s remaining positive is Consumer Spending. Everything I’ve read shows Consumer Spending slowing, but continuing in a positive vein for 2007….
To maximize attraction for an open house, combining online promotion, local networking, and strategic event planning is essential. Here’s how to ensure a standout turnout: 1. Leverage Social Media Buzz Use social media to create buzz. Post high-quality images, short video teasers, and even a live house tour on platforms like Instagram, Facebook, and TikTok…
The real estate industry has recently learned of a fraud tactic being used against its customers involved in home purchases. The criminals involved in the fraud cases are using the compromised email accounts of Realtors, title company agents, and loan officers to have customers divert closing money to an account controlled by the criminals, as…
Work has progressed well on our retail developments MarketPlace at Bass, Lullwater Village and Lullwater East here in Macon. At MarketPlace, the new McDonalds has opened and, judging from the crowds we are seeing there, is doing a great business at the corner of Bass Road and Bass Pro Blvd. We have heard many compliments…
Selling your house can feel like a huge task, but it doesn’t have to be stressful. With a little prep work and some smart strategies, you can make your home stand out, attract serious buyers, and walk away with a great deal. Here are a few tried-and-true tips to help you sell your house quickly…
The Bibb County apartment market continued to be active in 2008, albeit considerably slower than 2007. The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans. The loan to value dropped to 75-80% and actual NOI was used to arrive at the value. The demand for apartment complexes, especially…
Fickling & Company Donates to Hurrican Victims Throughout the month of September Fickling & Company gathered supplies for families affected by both Hurricane Harvey and Hurricane Irma to be given to The Salvation Army of Central Georgia on September 29th. The donations are scheduled to be dispersed to the areas and families struggling to rebuild in the aftermath of the devastating effect from both…
