Marcus Hiles Notes Peaking Demand For Luxury Rentals

Marcus Hiles Notes Peaking Demand For Luxury Rentals

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.

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