Marcus Hiles – Reveals His Perspective on the Surging Home Sales in Texas this Quarter Marcus Hiles, who leads a luxury subdivision company called Western Rim Property Services, notices that the discoveries made by the Texas Association of Realtors could further improve the way he serve his local clientele. ”At Western Rim, having awareness on the demands of our clients needs regular observation of industry temperature and momentum,” Hiles remarked. The presence of the Association’s current findings allowed our team to get important insight about the newest status of regional property sales. Most importantly, it becomes the evidence of a healthy state’s overall real estate vertical. Being a resident in Texas today is interesting.”
Estates neighborhood are gated and fulfill urban-style all-elevator channel to every unit, added with with lavish outdoor and community areas. Each has a resort-style swimming pool and tanning spot, on-demand information service, and high-tech fitness base. The brand’s well-off distinguished apartments and townhomes, along with resort-style amenities, attract a wide swath of Millennials, young families, empty nesters, and retirees who are decising a long-term rental lifestyle versus home ownership. “Our tenants appreciate the exclusivity that the Estates brand provides as well as the flexibility that goes hand in hand with renting,” Hiles concludes. “Our mission is to continue to deliver luxurious retreats that our residents can call home.”
For Marcus Hiles, Chairman and CEO of Western Rim Properties, urbane design and ecologically responsible development are mutually important. The groundbreaking real estate developer has singlehandedly altered the Texas real estate market with his creation of luxury apartments and townhomes which maintain the highest standards for protecting the environment. Hiles’ upscale rentals are seamlessly integrated into the natural landscape, using sustainably minded development and always featuring state-of-the-art, energy-efficient amenities. Under Hiles direction, Western Rim has made elegance eco-friendly.
In the modern housing market, many details once considered extravagances are now necessities expected by keen tenants of upmarket rental homes. The townhome floor plans of Marcus Hiles’ Mansions brand utilize a variety of spacious bedroom and bathroom configurations, designed to function more like a single-family home than a space crowded on all sides by others. A key benefit of a single-family home is parking: Hiles believes that properties with reserved spaces are a must. Therefore, Hiles’ Mansions far surpass expectations by featuring attached two-car garages that offer direct home access, as well as one or two additional private parking spots. On the interior, the eight Mansion developments located across Texas likewise include upgraded features: floors boast refined Italian marble, rich woods, and high-density 80-ounce face weight carpets; the dazzling kitchens contain granite countertops and stainless steel appliances, and exquisite marble baths are outfitted with jetted bathtubs and rainwater showerheads. Hiles encourages renters to make sure that properties are constructed as green as possible. Western Rim Mansion homes come standard with eco-friendly, dual pane, heat-reducing e-windows, and reflective LP® Techshield radiant barrier sheathing which significantly cools attic temperatures. Additionally, the homes feature recycled, full depth cellulose sound insulation and Energy Star-rated appliances which drastically lower utility bills because they use less energy.
Job growth in Texas has outpaced that of the U.S. as a whole, says Western Rim Property Services Chairman and CEO Marcus Hiles. As of January 2016, the state had added more than 1.3 million jobs to its pre-recession employment peak, a result of Texas achieving post-recession growth more than two years ahead of the national average. The unemployment rate in Texas is also lower – 4.4 percent compared to 5 in April than the national average, resulting in job growth that is two years ahead of the national average. This has resulted in a robust Consumer Confidence Index (CCI), which sits at 117.6 in Texas and 92.6 nationwide. $5 billion in tax cuts over the past three years have stimulated the Texas economy and driven a massive influx into the housing market. Single-family building permits are up 6 percent with the year-over-year price of existing homes increasing by 5.9 percent.
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