With summer approaching, eminent Texas real estate developer Marcus Hiles gives much-needed advice to tenants and home seekers to radically reduce their energy bills. Marcus Hiles, Chairman and CEO of Western Rim Property Services, follows these energy saving practices in every home. First, he advocates employing windows with a solar heat gain coefficient of 0.22 to 0.24, such as the Cascade Low E Argon Gas Win Pro Series. Old windows belonging to the 1980s are likely to lose up to 100 times more energy in comparison to a fully insulated solid wall as heat begins to transfer. Older casements, transoms, and sliders may be attractive but having current windows and frames prevent air as well as energy leaks, cutting heat loss by as much as 75%, says Hiles.
Resort-style swimming pools equipped with gourmet summer kitchens and tannings decks that are perfect for outdoor entertaining are a big appeal to young professionals and families that call Marcus Hiles’ apartments home. Perfect for the whole family, these properties are pet-friendly environments. Social clubrooms with HDTV are a great way to escape the heat and entertain and the community events are the perfect way to get to know your neighbors.
Marcus Hiles indicated that a common trait among the cities to make the list was the availability of major employers in fast growing sectors like technology and healthcare along with a higher than average young adult population. For example, in a new study from personal finance website NerdWallet, Austin, TX was rated as the top city in the nation for high paying jobs and affordability. Thousands of jobs provided by Dell, Apple and IBM combine with the eclectic nightlife and live music scene, and have caused young professionals from around the country to flock to Austin. They are seeking rentals at affordable rates. “Affordability is a key part of why millenials are deciding to move to the Midwest, as opposed to job centers on the East or West coast,” Chief Economist of Realtor.com Jonathan Smoke told Construction Dive in November. “There is a huge disparity in how many dollars are needed to get a home in Des Moines versus San Francisco”.
The housing market in the United States has encountered significant changes during 2016. The mortgage rates went up causing the prices to go up as well. Texas area was one of the most important areas in this aspect. The Dallas-Fort Worth area had a third highest increase rate in the country which was 12 percent. Marcus Hiles, who is the CEO of Western Rim Property Services, claims that this won’t affect his business. He claims his company is still able to offer affordable luxurious homes to all interested parties. It seems that price trends haven’t been able to catch Marcus Hiles on the wrong foot. Read more on: http://finance.yahoo.com/news/marcus-hiles-home-mortgage-payments-023200676.html