Being one of the leaders in the real estate industry in Texas, the chairman, and CEO of Western Rim Properties Marcus Hiles is discussing the influence of Texas’ state policies on bringing new companies into the state. Hiles states that Texas is a great business environment because of the state’s business-friendly, pro-growth policies, and the stable workforce. Foreign investors have also recognized Texas as the US leader and don’t hesitate to invest and employ a large number of workers each year. You can find out more about this topic on this link: http://finance.yahoo.com/news/marcus-hiles-encourages-everyone-texas-093000539.html
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.