A new report by the Data Relevance Project, communicated by the Texas Association of Realtors has indicated a 7.8 percent rise in sales in Texas for Q1 2016 as compared to the first quarter of 2015. The report provides market pointers relevant to buyers, sellers, and residential construction entrepreneurs. Property development expert based in Dallas, Marcus Hiles has expressed his views on the report.
Marcus Hiles, property development specialist has promised to plant 2,500 plants annually. That is the central part Western Rim’s objective to form sustainable groups throughout Texas. As founder and CEO of Texas-based property firm, Western Rim Property Services, Hiles makes sensible subdivisions where people can lead an upgraded lifestyle surrounded by parklands, nature trails, and green spaces.
Marcus Hiles is careful of his organization’s carbon footprint with each project they plan. He is conscious about the extraordinary impact of planting trees on nature. “We give our inhabitants the minimum housing density with the most successful expanse of greenery. The work goes past improving the air quality and reducing greenhouse gases. These plants can fundamentally diminish toxins in storm water and reduce general neighborhood noise pollution. One strong tree is equal to 10 standard room-sized ac units running for 20 hours consistently. Our trees provide the necessary shade with the extremely warm Texan sun allowing it to help decrease cooling needs by almost up to 30%.”, says Marcus Hiles.
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.
Urban living maintains many perks, but the downsides of city density are causing a new round of amenity-rich, luxury rentals in the suburbs. Marcus Hiles discusses the suburban upmarket apartment phenomenon with enthusiasm, as an expert in its increasing popularity from a frontline perspective being a developer and businessman. Projecting that today’s potential buyers would turn to rentals, when priced out of expensive, big city communities, Hiles anticipated the need. On target with the conclusions of a Forbes article that notes corporate moves to the suburbs as a job magnet for renters, the real estate mogul applied knowledge and insight to build some of the most desirable upscale apartment communities in suburban areas across the state. Marcus Hiles’ locations and planning proved successful, ahead the steep supply/demand curve that saw renting increase by seven million people in a single decade from 2006 to 2016, as noted by REIT. Holding the lowest vacancy rates in the past ten years, Fortune Magazine claims, “Demand for suburban rental apartments has boomed while construction of those units have lagged behind.”