In this article we will discuss the National Market for 2006 and 2007. The condition of the housing sector has a direct impact on the condition of the multi-family market. As predicted, the housing sector slowed in 2006 after setting records for each year from 2000 to 2005. The Commerce Department estimated that October’s new home…
“Give an inch take a mile… I wouldn’t touch it with a ten foot pole… a miss is as good as a mile… he won’t budge an inch.” There are all kinds of metaphors for measurements and some are really confusing. Well, commercial office space measurement can be just as confusing. What I will try…
As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector. However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…
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…
2006 has been a record breaking year in Houston County real estate for new construction in the commercial realm of retail, office, hotels, churches, schools and multi-family projects. Within the last sixty days the city is showing twenty-seven commercial projects under review, eighteen more being resubmitted for review, nineteen approved, thirty-one under construction, and twenty-one…
If you know where to go Imagine this; You have some time off and want to utilize it to the best of your ability. Problem is, it isn’t enough time to travel far. If you live in Georgia there are endless amounts of things you can do within only a few hours drive. Some things…
As the Multi-Family Property Manager for Fickling & Company’s private market, I enjoy helping people find a new place to live. Many apartment hunters are tired of living at the average apartment community and are looking for a little more. People are looking for unique floor plans, windows with a view and a property manager…
The second quarter of 2007 ended with total available inventory stable as predicted. However, the choices for products under 10,000 sf have increased. This is attributed to the addition of new development in the area as well as existing space being vacated. The preferred space seems to be Class A with 1000 sf of office…
So you’ve decided to put your house on the market? You must separate yourself from sentimental feelings and price it so that more buyers see it — and notice it. Here’s how. You’re selling your home. Here’s the big question: Should you set the price high, expecting buyers will bargain you down eventually? Or should…
The retail sector continues to prosper. Take a look at these selected news headlines from last quarter: • $10M Hotel On Way On Mercer Property • Northrop Awarded $43.3m Robins Contract • Security Bank’s Acquisition Of Rivoli Bankcorp Completed • Chain Store Sales Up 4.1% In May • Kia Plant’s Groundbreaking In West Point/La Grange,…
