Marcus Hiles, a property development authority based in Dallas, recently responded to reports of an upswing in Texas home sales during 2016’s first quarter. The release, based on statistics garnered from the Data Relevance Project, was distributed by the Texas Association of Realtors and outlined several key market indicators for buyers, sellers, and residential construction entrepreneurs. Among the document’s many findings, the piece noted a 7.8 percent upsurge in the number of residences sold in the state for Q1 2016 when compared to the same quarter in 2015.
Marcus Hiles’ organization Western Rim has been working hard for years to make urban groups greener and these efforts have lead to the increase of natural assets in the vicinity. Their yearly tree planting activities may assist in the reduction of nearly 75 tons of carbon dioxide dependably, while making oxygen that is enough for as much as 6,000 people. After 10 years, these planted trees will without doubt give a yearly reduction of 600 tons of carbon dioxide. Also, they will give oxygen enough for 50,000 inhabitants.
Marcus Hiles ensures these premier estates are designed to enrich the lives of both young professionals and families by providing features outside of the residences themselves to appeal to the tenants. On-site features depend on which location they select. A resort-style swimming pool comes complete with a sunny tanning deck, and a gourmet summer kitchen provides the perfect environment for entertaining. Outdoor Wi-Fi lounges offer the ability to enjoy nature while working, and the social club room features HDTV entertainment to enjoy alone or with family. Tenants enjoy reserved covered parking and limited access gates, so safety is optimized while a 24-hour emergency maintenance service ensures tenants can easily enjoy all the complex affords. Pet lovers are included- at Western Rim properties, caring for the entire family includes providing pet-friendly estates. Additionally, community events allow neighbors to socialize and become friends.
Texas has added 1.3 million jobs above pre-recession peaks, far outpacing the national average, says Western Rim Property Services Chairman and CEO Marcus Hiles. With unemployment down to 4.4 percent in April, consumer confidence has grown at an impressive rate. The state’s Consumer Confidence Index (CCI) sat at 117.6 in May, ahead of a 92.6 national average. Where are these jumps coming from? $5 billion in tax cuts over the past three years, according to Hiles. The extra pocket money has driven a massive influx into the state’s real estate market. Single-family building permits are up a whopping 6 percent, and the year-over-year price of existing homes has gone up 5.9 percent.