Marcus Hiles Discusses Rising Affluent Texas Suburbs

Marcus Hiles Discusses Rising Affluent Texas Suburbs
Marcus Hiles Discusses Rising Affluent Texas Suburbs

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.

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