Texas real estate investor and developer Marcus Hiles has the flair to predict real estate market trends. Hiles began his oustanding career in real estate by introducing apartments that were cost-effective, yet premium. In the present day, his companies manage and possess over 15,000 townhomes and apartments across Texas. His vision of offering swanky yet monetarily feasible homes for the common people of Texas has changed the Dallas property scene for the better. Besides, now, Hiles is taking his expertise and is focusing on the regions that are likely to grow at a rapid pace, that is, the Woodlands and coastal regions of Houston.
As rental demand peaks around the country, property developer Marcus Hiles, Chairman and CEO of Western Rim Property Services, continues investment in the Texas housing markets of Dallas, Houston, Austin, and San Antonio. Current market research from HomeUnion, a property investment company, analyzed the priciest markets in the country for SFR, or single-family rental. Dallas saw the nation’s second highest SFR rent growth with an average year-over-year increase of 5.6%. Austin and San Antonio saw significant gains as well, at 2.8% and 2.4% increases, respectively.
Texas, as of December 17th, 2016, has added 210,800 new jobs, the result of a rise in oil prices and the resurgence of the energy sector. Marcus Hiles, the dynamic CEO of Texas real estate development firm Western Rim Property Services, is one of the state’s leading job creators, with over 10,000 properties in his portfolio and an additional 5,000 under construction. Hiles recently discussed the rapid growth of the state’s economy, and how that has made Texas the nation’s leader of business, hospitality, and most notably, energy.
Residents seeking to find “The Best Place in the City” to live can turn to Western Rim Property Services. Founder and CEO Marcus Hiles specializes in affordable luxury complexes placed throughout Texas. Their homes offer a higher quality of life, providing signature amenities that enhance apartment living. Naturally, beautiful settings and modern interior features entice renters to look beyond the basics for long-term housing.