In Texas and across the nation, why are so many preferring to rent instead of own? Western Rim Property Services CEO Marcus Hiles notes that people are increasingly welcoming the flexibility that accompanies the rental lifestyle. “We’re a mobile population,” Hiles says. “The idea of settling in one place for a decade – or for the length of a 30-year mortgage – doesn’t hold the same appeal as it did a generation or two ago.” Hiles points to research which shows renters coming out on top, falsifying any myths that homeowners have an edge on personal fulfillment, “People who rent actually spend more time engaging in leisure activities and interacting with their friends and neighbors,” he notes.
Marcus Hiles’ Dallas-based company has single-handedly transformed the real estate market statewide by successfully growing the standard of living. “We consistently secure premiere land near the highest-rated schools,” Hiles explains, “and offer very competitive price point for our exceptional signature homes.” Beyond seeking out top-notch areas within the best school districts, tenants are drawn to the incredible comforts of the neighborhood itself. Boasting spacious, welcoming clubhouses with HDTVs, premium audio systems and rapid fast Wi-Fi, as well as fully equipped, 24-hour fitness facilities on site, communities deliver five-star hotel-level services and attention. Other exclusive neighborhood details include infinity-edge swimming pools with adjacent cabanas, top-of-the-line indoor tanning beds and child-friendly splash parks. Properties boast covered gourmet patio kitchens and grilling areas, with inviting fireplace lounges for hosting cozy get-togethers with friends and neighbors.
Whether you are looking to rent or buy, the constant dilemma is choosing between a chic urban life or a luxurious suburban community. According to area’s top property agents, in any given circumstance the price per square foot in the city is twice as much as it is within an outlying district. While it is crucial to monitor financial aspects of the pursuit to stay on budget, the price is not the only thing that buyers and renters should consider. Employment opportunities are more important to take into account, as analysts point out that job creation rates are several times higher in the northern counties of the Dallas-Fort Worth metropolitan area than in the city. The rise in the labor market has led the economy of the suburbs to grow significantly, with incomes increasing by approximately 30-50 percent over Dallas and Fort Worth, notes Marcus Hiles. As the average income continues to climb, the property values in the housing market trend upwards. Higher education, resident health, and overall safety are also associated with improved wealth and property value of the Fort Worth properties.