Reflecting a desirable list of benefits offered to residents of San Antonio, the best news is that housing costs, while rising, remain less expensive here compared to the rest of the nation according to a Jan. 27, 2016 Forbes article. The city also reflects a healthy rental housing market, experiencing an approximate 4 percent rent increase in 2015 according to Freddie Mac’s latest forecast, with demand for more luxury amenities accompanying wage increases. Upscale interior features of hardwood floors, 9-10 foot ceilings, tall windows, granite counters, porcelain tile, and formal entries in communities located in The Mansions at Briggs Ranch and the Estates at Briggs Ranch offer posh lifestyles at competitive prices. Both communities, created and managed by Marcus Hiles also boast outdoor amenities featuring nature trails, summer kitchens, extended WiFi, pools, splash parks, and convenient access to golf courses, contributing to an overall improvement in health, wellness, and leisure activity.
As President-elect Donald Trump moves into power, Marcus Hiles is interested in how his extensive real estate experience will affect policy. As stated in a Nov. 10, 2016 article in Forbes by Lawrence Yun, predictions for short term economic growth from a “combination of tax cuts and government spending in the form of upgrading nation’s infrastructure and for national defense” suggest there will be a stimulus in the first half of 2017. Additionally, a moderate rise in interest rates, inspired by an accelerated GDP, will give consumers confidence and equate to an improved overall economy. If, as the article projects, the growing economy is paired with increased productivity, America can expect more jobs, increased tax revenue, a lower deficit, and manageable inflation rates. Additional good news will come if President-elect Trump elects to amend Dodd-Frank, which looks like it may happen following a Nov. 10, 2016 comment in the Wall Street Journal stating, “President-elect Donald Trump’s transition team promised to dismantle the 2010 Dodd-Frank law,” easing financial regulations and making compliance cheaper for smaller banks. Action on this issue would cause significant increases in real estate loans, improving building activity. Mr. Trump has also suggested that land use and zoning regulations might see changes to lower the cost of building, further boosting construction.