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…
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…
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…
Make no mistake . . . . . Peach County real estate is sharing in the growth of it’s surrounding neighbors, Bibb and Houston Counties. With the recent trend in residential, industrial and commercial real estate growth in the southern sector of Bibb County and the northern sector of Houston County, it’s no wonder that Peach County,…
Mark-to-Market Accounting is assigning a value to a financial instrument or asset, based on current market price or the fair-value of the asset. The term originated with futures trading a century ago. When taking a position, a trader, would deposit money on the margin to protect the Exchange against loss. At the end of the…
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…
Don’t be afraid to ask for help when you’re navigating the Warner Robins real estate market. You’ll have to decide what you’re looking for and what you’re planning to do with the investment.
WOW! Have you been downtown lately? Great progress has been achieved in the revitalization of downtown Macon GA. In our initial coverage of the downtown area we will discuss the following: What is considered downtown? What are some of the recent important events that have happened? What are some of the planned important events? Why…
It’s that time of the year when the real estate community is busy wrapping up loose ends, dotting the I’s and crossing the T’s in an effort to get those last deals finalized and closed before year end. As we move to the close of 2006 it behooves us to reflect on the factors that…
Fall is an ideal time to take care of home projects. The weather is cooler, and there’s still plenty of daylight to get things done before winter. A few small updates now can save you time, money, and stress later. Here are some practical improvements worth tackling this season. Tidy up the yard Clearing leaves,…
