Luxury Amenities,Renters,Housing Woes,Housing Market,Rental Segment,Suburbs,Logical Progression,Modern Markets,Texas rentals, Marcus D. Hiles, texas, Marcus Hiles, Marcus Hiles Dallas, Marcus Hiles Fort Worth, Marcus Hiles Las Vegas, Western Rim, Marcus Hiles Western Rim, Marcus Hiles, W3

Trends in recent years have shown a growing interest in the Texas suburbs, with outlying towns such as New Braunfels (located in-between San Antonio and Austin), Frisco (part of the Dallas/Fort Worth center), Georgetown (a 45 minute drive from Austin) and Pearland (near Houston) flew onto last year’s top ten list of the fastest-growing American cities with a population larger than 50,000. Census figures document that although the state has gained nearly half a million new citizens in one year, with 1,200 daily new residents on average, suburban counties are growing much faster than the largest metropolitan areas. Collin County, north of Dallas, is looking to grow by an unheard of 386 percent over the next 35 years, which will put its population at roughly 3.8 million. Marcus Hiles notes that some counties are growing twice as fast as their nearby urban neighbors, including Hays, Fort Bend and Kendall counties, experiencing 20-23 percent increases over the last five years. “Expansion into these areas is a logical progression,” he stated. “As the total number of people looking for a place to call home increases, economists and developers expect to see the percentage of renters continue to rise as well.”

Read more: