Marcus Hiles, Chairman and CEO of Western Rim Properties, keeps sophisticated design and eco-friendly amenities of mutual importance. This groundbreaking Texas real estate developer, who singlehandedly evolved the Texas real estate market with his creation of luxury apartments and townhomes, always maintains excellent standards for protecting the natural environment. With luxe rentals that are designed to incorporate the natural landscape and feature sustainably minded building practices and state-of-the-art, energy-efficient conveniences, Marcus Hiles’ Western Rim has proven that elegance can be eco-friendly.
Texas has now become a home of greater things, like the plush housing industry. Marcus Hiles, the Brain behind Western Rim Property Services, mentions that the Lone Star State is the best place to make the renters’ dream of having a luxurious lifestyle come true because of its several newly built upscale rental properties. “Singles, families, empty nesters, and retirees who opts for rental houses are increasing in numbers,” he says. “There will be a yearly addition of 500,000 renters around the country through 2023.”
Marcus Hiles advises upmarket tenants to spend that leisure time taking advantage of their community’s unique features and amenities. While some neighborhoods may be reminiscent of a resort, offering access to a championship golf course or an on-site spa, others might boast an extensive network of nature trails, a lake, or a wildlife preserve. Renters inside communities that offer chic urban living in the heart of active cities like Austin and Houston enjoy easy access to local galleries, nightlife, and restaurants. It is almost guaranteed that luxe locales, such as those offered by Western Rim Property Services, will offer high-end fitness centers, stellar swimming pools, professional business centers, and even personalized concierge services.
The housing situation in Texas got a lot better when Marcus Hiles started his activities in the real estate business. About three decades ago, Marcus Hiles founded Western Rim Property Services and it’s been an uphill ride ever since. Young professionals, families, successful businessmen and others have found their apartment and live a luxurious life at affordable prices thanks to Marcus Hiles’ efforts. Great communities packed with everything you need for a carefree life are just a phone call away. Marcus Hiles and Western Rim Property Services will make sure that your dreams of a perfect home come true. More about this on: http://www.marketwatch.com/story/marcus-hiles—-offers-luxury-complexes-in-texas-2016-05-17
As the temperatures go up in summers, notable Texas real estate developer Marcus Hiles suggests four tips to tenants and homeseekers to reduce their energy bills. As Chairman and CEO of Western Rim Property Services, Hiles follows his own practical guidance, utilizing all these tricks in every home he develops. To start with, he recommends windows with a solar heat gain coefficient of 0.22 to 0.24, just as the Cascade Low E Argon Gas Win Pro Series. With heat transfer, old windows from the 1980s lose up to 100 times higher energy as compared to a fully insulated solid wall. While older casements, transoms, and sliders are good to look at, having the newest windows and frames prevent air and energy leaks, cutting your heat loss by 75%, Hiles highlights.
Renting instead of purchasing a home has become the goal for more and more people, and this is increasing the demand for homes. Many people are beginning to look at apartments as solutions to their long-term housing needs rather than as a temporary stepping stone. Roughly 14 percent of all residents living in Texas currently rent, and the National Multi-Housing Council expects to see that number grow. Larger cities already see higher numbers, with Houston reporting nearly 41 percent of residents currently rent their dwelling. Marcus Hiles thinks the American dream is now leaning towards renting apartments instead of owning homes, and his goal is to create the best apartments in the best locations to meet the demand.
Based on U.S. Census Bureau data, rental search website RENTCafé conducted an analysis of the 100 largest cities in the nation, pitting median incomes and rent figures to list the most affordable U.S. cities for renting. According to the results, three cities in north Texas – Plano, Irving, and Garland – placed in the top 15 most affordable for renters, with tenants keeping on average as much as $43,000 after all living expenses. Dallas and El Paso, followed closely by Austin and San Antonio, provide income to rental price statistics that are impressive as well. Marcus Hiles, citing ATTOM Data Solutions’ 2017 Rental Affordability Report, concluded that in Dallas/Fort Worth, renting is consistently more cost effective than buying a house, a trend that looks to continue this year as mortgage rates and market prices continue to rise. Additional Texas cities ranking in the top 50 were Houston, Corpus Christi, and Fort Worth, where residents spending slightly over 30 percent of their income each month on rent.
Marcus Hiles is the CEO and the best predictor of market trends at Western Rim Property Services. He is well known for offering Texas residents and real estate seekers luxurious properties for affordable prices. Throughout 2016, mortgage rates have only gone up and that trend affected different Texas areas including Dallas-Fort Worth area which had the third highest rise in the US. However, this turn of events hasn’t stopped Marcus Hiles on his mission and he believes that his company will continue helping real estate seekers to find what they’re looking for. Read more on: http://finance.yahoo.com/news/marcus-hiles-home-mortgage-payments-023200676.html
Marcus Hiles, acclaimed Texas developer and investment specialist foresees real estate market trends. Hiles began his notable career journey by making available to the market budget apartments that offered rich elements. To date, his companies manage and possess more than 15,000 townhomes and apartments all over Texas. His vision for offering lavish yet reasonable homes to the working class people of Texas brought about a positive revolution in the Dallas property scene. What’s more, now, Hiles is taking his insight into the real estate market and is focusing on the locales expected to grow exponentially – Woodlands and coastal regions of Houston.
As rental demand advances to record levels, Marcus Hiles, real estate developer and CEO of Western Rim Property Services, continues to invest in the Dallas, Houston, Austin, and San Antonio housing markets. Recently, market research released by real estate investment firm HomeUnion, analyzed the most expensive markets across the U.S for single-family rental (SFR). Dallas is home to the second highest SFR rent growth in the nation with an average increase of 5.6% year-over-year. Both Austin and San Antonio also made the list, at 2.8% and 2.4% increases, respectively.