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…
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…
The holiday season is just around the corner, and there’s no better time to start prepping your home for the festivities. With some planning and thoughtful touches, you can create a warm and inviting atmosphere that will make your guests feel welcome, and your family feel the holiday spirit. Here’s a guide to help you…
Shoppers, get ready for new stores and restaurants as the first large north Macon/Bibb County retail project, also the area’s first major lifestyle shopping center, prepares to open in a few short weeks. Located on Riverside Drive, just east of its intersection with I-75, The Shoppes at River Crossing plans to open this Spring with…
Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
The holidays are here, and there’s nothing like a good Christmas light display to get you in the spirit! If you’re in Middle Georgia, you’re in luck—Milledgeville, Macon, and Warner Robins go all out with festive lights that will make you feel like you’re walking through a winter wonderland. Milledgeville: Small Town, Big Holiday Vibes…
Alongside the budding flowers and warmer temperatures, springtime signals the perfect opportunity for a thorough cleaning spree. But spring cleaning isn’t just about tidying up the interiors of our homes; it’s also an ideal time to enhance our curb appeal, transforming the exterior to welcome the new season with open arms. The concept of curb…
Back-to-school likely means back to a busier schedule for you and your family. But with a little decluttering and some smart organizing hacks, you can make this school year the best one yet. Here’s everything you need for back-to-school organizing to get your house in shape for the new school year. ORGANIZE CLOSET SPACE IN KID’S…
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…
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…
