Month: April 2017

Texas’ Vigorous Economy has Fueled the Real Estate Market – Marcus Hiles

Texas’ Vigorous Economy has Fueled the Real Estate Market – Marcus Hiles

Chairman and CEO of Western Rim Property Services, Marcus Hiles says that the policy framework of states in Texas have increased the number of jobs. When compared to the whole nation, Texas has witnessed a pre-recession job recovery two years earlier. By January 2016, Texas added 1.3 million jobs and the unemployment rate has been consistently lower than the whole of the country. In April alone, it was 4.4 percent as compared to 5 percent across the nation.
Additionally consumer confidence has been strong and high; May’s Texas Consumer Confidence Index (CCI), which measures economic optimism by assessing savings and spending trends, was 117.6, as opposed to the U.S. CCI of 92.6. The booming Texas economy, triggered by over $5 billion in tax cuts in the last three years has been positive for the real estate market. The yearly price of existing houses went up by 5.9 percent and the number of single-family building permits went up by 6 percent.

Read more: http://finance.yahoo.com/news/marcus-hiles-encourages-everyone-texas-093000539.html

Western Rim's Apartment Complexes With Lush Amenities Lead to Flourishing Communities - Marcus Hiles

Western Rim’s Apartment Complexes With Lush Amenities Lead to Flourishing Communities – Marcus Hiles

Marcus Hiles launched Western Rim Properties in 1990 knowing the absence of upscale flats that are moderately priced. His organization now oversees and possesses more than 15,000 luxury private rental townhomes and flats. An urge to create communities forms a large part of Western Rim’s developmental ventures. Hiles’ projects are packed with rich greenery, sports facilities, day spas, and recreational zones, that create flourishing communities.

Read more:
http://finance.yahoo.com/news/marcus-hiles-donates-computers-students-041353893.html

Marcus Hiles - Wilderness Enhances an Area's Eco-system

Marcus Hiles – Wilderness Enhances an Area’s Eco-system

Wilderness and foliage in towns enhances the territory’s eco-system in a very positive way. In addition to giving oxygen, trees and plants play a crucial role in holding ground and rain water, and expelling harmful substances from the surrounding air. American Forests is a famous association that surveys city woods and furthermore the repercussions of declining greenery in urban zones. They educate people about this and present captivating information, for example, this – two trees will make enough oxygen for a solitary individual and will absorb twenty pounds of air pollution reliably. Moreover, parks give shade, reducing temperatures of a great territory and reduce warm temperatures. Cooling needs are diminished in an area with sufficient shade. Likewise, a car that is stopped in the shade stays fifty degrees cooler than one out in the sun Townships should be kept green with the assistance of human endeavors and intervention; for instance Marcus Hiles has been working towards green initiatives.

Read more: http://finance.yahoo.com/news/marcus-hiles-western-rim-proudly-220604645.html

The Ideal Time to Sign Leases - Marcus Hiles

The Ideal Time to Sign Leases – Marcus Hiles

When a potential tenant checks about a floorplan, the probability of them getting a higher rental goes up as a result of the yield management software that landlords use. Then again, if the renter asks the landlord general information about investment property without specifying which property they are looking for, the rental cost then diminishes. A New York Times article highlights that this technology innovation can be useful to renters as well. “Just as travelers can lower their airline fare by flying at off times, residents can often lock in lower monthly rents by agreeing to lease terms that help apartment owners avoid downtime or fill less popular units.” Additionally, Marcus Hiles proposes that off season, for instance, late fall or early winter is the ideal time for renters to sign leases.

Read more: https://www.yahoo.com/news/marcus-hiles-explains-lower-rental-001000596.html