Owning and managing more than 15,000 apartment units, Marcus Hiles knows what tenants are looking for and makes sure to offer them everything they could want. Gorgeous scenes of rivers, creeks, rolling hills and other natural views accompany many properties. But there’s more than just a pretty view, the properties are also equipped with Starbucks Coffee on-site, top notch fitness instructors, and more depending on location. Marcus keeps the environment in mind with his designs, offering energy-efficient roofing, windows, insulation and more. Comfort and convenience are key and that shows with designer kitchen cabinets, crown molding and even elevator access.
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Marcus Hiles hinted at a common factor among the cities on the list being the presence of top employers in rapidly growing industries like technology and healthcare and an above average young adult population. A new study from personal finance firm NerdWallet, for example, discussed Austin, TX as the best city in the country for high paying jobs and affordable living. Here, the thousands of jobs offered by Dell, Apple and IBM meld with a thriving nightlife and live music scene, bringing in young professionals from around the country seeking rentals at reasonable 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,” said Realtor.com Chief Economist Jonathan Smoke to Construction Dive last November. “There is a huge disparity in how many dollars are needed to get a home in Des Moines versus San Francisco”.
Read more: http://finance.yahoo.com/news/marcus-hiles-affordability-texas-luxury-051500493.html
Marcus Hiles is one of the most knowledgeable experts on the real estate market trends. Being the CEO of Western Rim Property Services, he is familiar with the current rising expenses for owners and buyers of real estate properties across Texas. For that reason, he suggests an alternative to buying. Marcus Hiles suggests for all people to rent properties rather than buying because there are growing expenses, not only in mortgages but also other figures which are higher than ever. Maintenance and renovation may hurt your budget which is an additional reason to rent rather than buy a property. Find out more:
There has been much deliberation about how President-elect Donald Trump will influence real estate policy matters when he takes on office in January. Numerous speculators are hopeful to have a businessman in the role of President of the United States, taking this as a chance to decrease a hefty portion of the regulations being levied on businesses. Indeed, even with his wide experience in real estate, Trump has been for the most part quiet about what his influence around there will be. As indicated by a current Forbes article written by Lawrence Yun, the Chief Economist of National Association of REALTORS, one of Trump’s greatest impacts on the property business could be change in some shape to the Dodd-Frank financial regulation. “A clear positive would be the lifting of compliance costs imposed on small-sized banks. Around 10,000 local and community banks have traditionally been the source of funding for construction and land development loans. With less regulatory burden, these small banks can make more loans and will boost home building activity – something that is needed in the current housing situation.” Marcus Hiles is optimistic about the real estate situation and has been banking on high growth areas
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According to study conducted by Harvard University, a number of factors around the country have contributed to this shift. Changes in the real estate and financial markets have led to over 43 million families and individuals opting to rent property — a record-breaking increase of approximately 9 million over the course of ten years, notes Marcus Hiles. Social trends may account for part of this, as the latest U.S. Census illustrated a large percentage of the population of Dallas falls between the ages of 20 and 29. Millennials are statistically likely to marry and have children later in life, and single individuals or those making less than $25,000 per year have seen the most movement towards renting over the last decade.
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In late 2014, when the price of oil dropped dramatically, citizens throughout Texas suffered economically, with areas surrounding Houston taking the hardest hit. Marcus Hiles was excited to see that, as 2016 came to a close, the value of crude oil doubling since their February lows and active rig counts rising by 200 in recent months, helping both the oil industry and the Houston economy stabilize and continue growth trends. Mining and logging, the sector that includes oil and gas extraction, added 3,200 jobs in November alone, while the greater Houston metropolitan area continued job increases by half a percent, higher than in 2015. “Everyone can uncross their fingers now, because the worst is over,” explained Patrick Janikowski, senior vice president of research for the Greater Houston Partnership, in the organization’s annual predictions for the coming year, “2017 should be a further step on the road to robust growth.”
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Marcus Hiles’ premiere estates are designed to enrich the lives of young professionals and families by providing on-site features outside of the residences themselves. The amenities vary by location. A resort-style swimming pool and sunny tanning deck are just the beginning. A gourmet summer kitchen gives a great environment for entertaining. Outside Wi-Fi lounges provide networking space while the social club room features HDTV to enjoy alone or with a group. Reserved and covered parking with limited access gates gives increased security while a 24-hour emergency maintenance service keeps amenities ready to enjoy. Pets aren’t left out of the loop either, as pet-friendly estates are available and community social events allow neighbors to get to know each other better.
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Marcus Hiles Notes Educational Opportunities In Texas’ Suburbs
While school options continue to increase across the country, the environment and school’s surroundings remain closely linked to the quality of education provided. Suburban cities often have lower crime rates than urban areas, creating a safer and more encouraging atmosphere offering better social growth and engagement. School districts based in suburban areas generally spend more money per student than big city schools, leading to improved facilities, resources, and teacher quality. The gives students an optimal learning environment that has a profound effect on their overall education — with a greater and far-reaching impact on their lives. Marcus Hiles believes in the quality of life that a suburban community provides, which is why he continues to build and develop communities in both established and expanding suburbs alongside the state’s largest urban hubs. Enrollment in the state’s top-rated schools is always a possibility easily found in these suburban developments.
Read more: http://www.nasdaq.com/press-release/marcus-hiles–recommends-suburbs-for-best-educational-opportunities-20161205-00093
More people are moving to urban areas, and local ecosystems need wilderness spaces to keep the environment healthy. Urban wilderness promotes health and happiness among residents, cleans the air and creates life-giving oxygen. These areas heavy on trees and plants also help to hold ground and rain water for future use. American Forests is an organization that studies municipal forests and the repercussions of declining natural areas in cities. Marcus Hiles supports their mission to educate the general public about why these areas are beneficial to communities. Beyond the benefits of shade reducing heat retention and cooling vehicles by fifty degrees, just two trees can produce enough oxygen for one person and absorb twenty pounds of air pollution annually. As our cities grow, it is vital that residents create, maintain, and are able to benefit from urban wilderness areas.
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Marcus Hiles Caters To Renters’ Tastes At Western Rim
With the expanding number of options available to a renter in modern times, it is critical to consider the amount of breathing space woven into an apartment or home’s floor plan. This is where Western Rim properties is the expert, utilizing tranquil space to provide not only valuable real estate but the best possible living quarters to enhance a resident’s quality of life. The National Multifamily Housing Council notes that 41% of Houston’s current population lives in rental properties, and Marcus Hiles understands the importance of catering to the modern renter by providing gorgeous apartment arrangements that include open open floor plans with private patios and balconies.
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