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.
As of December 17th, 2016, the Lone Star State has added 210,800 new jobs, largely due to a rise in oil prices and the resurgence of the energy sector. Marcus Hiles, the dynamic CEO of Fort Worth real estate development firm Western Rim Property Services and, with over 10,000 properties in his portfolio and an additional 5,000 under construction, one of the state’s leading job generators, recently spoke out on the rapid growth of the Texas economy, and how the state has returned as the nation’s leader of business, hospitality, and most notably, energy.
Renters in search of “The Best Place in the City” to live can turn to Marcus Hiles of Western Rim Property Services. They specialize in affordable luxury apartment complexes located throughout the state of Texas. Western Rim’s homes are known for a higher quality of living and signature natural and lifestyle amenities to enhance the tenant’s lifestyle. Serene settings and lavish designs entice renters to search beyond the norm for long-term rental housing.