Individuals living in rental apartments in the U.S. are rising at a rate of more than 500,000 annually, without any sign of this trend stopping. Marcus Hiles, Texas real estate developer had predicted the escalation in need for the finest rentals, which is why his organization offers lavish apartments at affordable rates in Texas. Hiles, the Chairman and CEO of Western Rim Property Services claims, “Tenants are keen to embrace a rich lifestyle at budget-friendly rates. Our five Estates offer distinctive services intended to be interesting for singles, couples, and individuals who have chosen a rental lifestyle. Our purpose was to create the very best of both worlds; an exclusive lakeside escape is a stone’s throw away from fascinating nightlife and a burgeoning arts community.” Situated in north of Houston in Aubrey, The Estates 3Eighty delivers one- to four-bedroom residence flats with very high ceilings, big windows, stylish stone countertops, and large living areas. The residents can be spotted at the on-site Star-bucks Wi-Fi café, in the personal off-leash dog park, working at one of many iMacs or PCs in the business center.
Marcus Hiles, carrying two of the top positions in Western Rim Property Services, asserts that it was the state laws that made Texas’ employment growth greater than the whole U.S. Texas has finished post-recession job recovery two years earlier than the whole country, and its pre-recession employment peak contain 1.3 million more jobs by January 2016. The state’s consumer confidence has been remarkable due to its consistently lower joblessness rate compared to the entire country (in April for instance, joblessness rate of Texas was 4.4 percent and U.S was 5 percent). Texas comes with a Consumer Confidence Index of 117.6 in May while U.S. only had 92.6 (CCI allows one to know the level of optimism that consumers reveal through their practices of saving and spending under a certain economy condition. Over the past three years, more than 5 billion dollars in tax cuts had powered the lively Texas economy, allowing the housing market to make some progress. It induced the number of single-family building permits to boost by 6 percent and the current houses’ year-over-year price by 5.9 percent.
As longtime CEO of Western Rim Property Services, Marcus Hiles knows a thing or two about Texas’ economy and real estate market. And according to him, things are looking good for Texans. The Consumer Confidence Index for Texas, which measures consumer’s outlook from spending and savings habits, sat at 117.6 in May. Compared to a national average of 92.6, it is obvious that Texas has seen a 5.9 percent jump in year-over-year existing home price and a 6 percent increase in single-family building permits. Hiles says this boom is the result of $5 billion in tax cuts over the past three years, allowing employers to add 1.3 million new workers over the state’s pre-recession peak.
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A number of 200 cutting-edge Dell computers were generously given to the children in downtown Texas by a real estate agent and leader of Western Rim Property Services and Newport Classic Homes named Marcus Hiles as a sign of his constant devotion to give a hand for those individuals and communities who are in utmost need. A money worth over 100,000 bucks was given as a gift by Hiles to support the needs of urban learners in enriching their studies, seeking their desires for success, and developing their own personality.
People hunting for “The Best Place the City” to call their homes can depend on Marcus Hiles and Western Rim Property Services, his company for making rich but sensible properties all over Texas. These homes with fine highlights give a more upgraded lifestyle. Great settings and rich elements attract occupants and helps them look beyond the bare necessities.
Improving the lives of both working youngsters and families, these premium homes have outer highlights that interest tenants based on the region they pick. A swimming pool styled like resorts goes with a tanning deck while a gourmet summer kitchen which gives the perfect setting to draw in guests. Outside Wi-Fi lounges offer extra space as the social clubroom boasts about HDTV fun to be enjoyed alone or with others, Reserved parking spaces and restricted access enhances security and a 24-hour emergency help service guarantees an occupant keeps getting the greater experience in the apartment. Group activities ensure neighbours get to know each other well while pet-friendly spaces ensure a complete family experience
The seems to be a change in the real estate business and it appears that more and more people are choosing to rent over buying a place. Homeownership carries a lot of expenses and with great expenses and commitment, comes huge amounts of stress. Marcus Hiles states that that’s why the renter’s population tends to grow. Renters avoid large down payments, mortgages and unexpected maintenance costs. Lucky for renters, Marcus Hiles and Western Rim Property Services have quality units for all of them. Read more on http://finance.yahoo.com/news/marcus-hiles-upsurge-demand-dallas-203500186.html
As the real estate market has shifted to reflect consumer demands in recent years, it has moved towards a higher number of options and amenities along with an increase in rental availability. Marcus Hiles has developed and invested in residential property for thirty years and encourages close attention to detail regarding the reasons why prominent couples, families and individuals prefer to rent rather than own a home. Numerous factors hint at this trend continuing as the next generation of wealthy Americans are drawn to the many advantages of living options built for luxury.
The amenities of the Mansions brand extend beyond the elegantly designed indoors to the grounds of the communities themselves. The Mansions are situated on lush countryside environments within easy reach of urban centers of Dallas / Fort Worth, Houston, New Braunfels, Austin, and San Antonio, each highlighting the natural beauty of Texas. Marcus Hiles points out that when looking to rent, tenants should inquire about a prospective complex’s on-site services. At each the property of the Mansions, residents are delighted to find a majority of their needs met without leaving the community, as they have a world-class concierge service at their fingertips. Residents living an active lifestyle can make use of fully equipped, 24/7 fitness centers with access to a personal trainer, expansive golf courses, serene hiking trails and resort style swimming pools. The Mansions brand properties provide each of these services as well as other amenities that include shared areas for entertaining friends, such as social club rooms, outdoor kitchens and fireplace lounges. When a professional opportunity requires an impromptu meeting, many properties contain business centers with a community Starbucks ready for the occasion. For luxurious community living, accept no less from a future home than what Marcus Hiles Mansions offer each tenant.
An ever-increasing number of Americans every year prefer rentals to ownership of homes. This trend is likely to continue beyond 2020 with the rapid progress made in the city as per Forbes contributor KC Sanjay. This trend has caused an increased demand for luxury apartment rentals. Marcus Hiles has been tending to these trends since Western Rim’s beginning in 1990 executing exclusive properties all through Texas that offer tenants an extensive variety of value additions. Hiles’ new San Antonio flats will be no exception to his vision. For example, access to fitness centers, nature trails and modern kitchen spaces, ten-foot high ceilings, towering eight-foot doors, oversized balconies, and an Olympic-length swimming pool are some of the facilities that will make these future rental options exclusive in every respect as compared to the existing apartments in San Antonio. A planned 15-acre on-site park and conservation easement is a result of Marcus Hiles’ longtime commitment to environmentally friendly buildings and open nature spaces.
Dallas developer and philanthropist Marcus Hiles is the “subject matter expert” when it comes to the pressing need for new residential developments across the urban areas of Texas. According to recent U.S. Census Bureau figures, the population of the Lone Star State is adding 1,183 residents on a daily basis throughout 2016, an astronomical number. This means that throughout the year, the state welcomed 432,957 residents. Residential starts have failed to keep up, releasing just 30,000 units in 2016. Simple math dictates a severe shortage of available options that could leave approximately 402,957 residents without housing, unless, of course, they have secured a lease with one of the recently completed communities like the luxurious homes built by Hiles’ company, Western Rim, in thriving Texas urban hubs.