Everything is bigger in Texas, including the market for lavish lifestyles. Marcus Hiles, Founder and CEO of Western Rim Property Services, notes that almost all new rental properties built in the Lone Star State are considered luxury, generating unprecedented opportunities for residents to enjoy upscale communities. “An increasing number of singles, families, empty nesters, and retirees are finding contentment through renting,” Hiles stated. “Across the U.S. the number of renters is anticipated to grow by a half million each year through 2023.”
The real estate market professional and property development master, Marcus Hiles announced that he will be continuing his practice of planting 2,500 trees per year in order to help fixing the environmental issues which are not dealt with enough by other realtors. Marcus Hiles points out to the importance of open green spaces, trails and parklands for the health of a nation such as America. He considers that all of his units should be in proximity to open green spaces where people can jog, power walk or simply be active and exercise. Find out more on this topic here: http://markets.ask.com/ask/news/read?GUID=32163582
Marcus Hiles, expert Texas property developer, advocates that renters and homeowners take advantage of residences that are equipped with air conditioner with a seasonal energy efficiency ratio of 16 or above, 3 points above the industry requirement established by the Department of Energy. Compared to a 10 SEER rated unit, energy efficient air conditioners will cut cooling needs by 60%, and emit 327,000 tons fewer carbon dioxide emissions over a ten-year span.
Marcus Hiles explains sweeping changes that have affected what is expected of the exterior, interior and even the functions of a home. Groundbreaking technological advances now allow for buildings that net zero energy output, while passive and active house offer eco-friendly methods that virtually eliminate utility bills.
Based in Dallas, the founder and CEO of Western Rim Property Services Marcus Hiles endorses Texas for having policies that have stimulated a steady job-generating environment that is more outstanding than anywhere else in the United States. In general, the Lone Star State has made a great progress in its post-recession job recovery more than two years ahead of nationwide indicators. By January 2016, it had created more than 1.3 million jobs, in addition to its pre-recession employment records. Since the unemployment rate has always been lower in Texas than in the rest of the United States, constituting 4.4 percent in April versus 5 percent nationwide – consumer confidence has been sturdy. Texas’s May Consumer Confidence Index (CCI), which looks to measure economic optimism by analyzing individual savings and spending habits, was 117.6 in comparison with the overall U.S. CCI rating of 92.6. Texas robust economy that has seen over $5 billion in tax cuts over the past years has also stimulated the housing market. Existing homes have seen an increase in price by 5.9 percent in comparison with previous years, while the number of single-family residences grew by 6 percent.
This advice from Marcus Hiles comes from his expertise in building rental communities that embody luxury living. “When renters choose to live in communities that align with their lifestyles, they achieve a greater work-life balance,” he claims. This is particularly important because a third of apartment dwellers are between the ages of 30 and 44 and in the prime of their careers. Another 30 percent are between 45 and 64 years old. Hiles’ ability to design apartments that offer resort-like amenities and maintain an enviable commute distance ensures that Dallas will continue to trend toward renting over home ownership.
As the summer begins to heat up, prominent Texas real estate developer Marcus Hiles offers four simple tricks that will allow apartment hunters and homebuyers to dramatically lower their energy bills. Hiles is the Chairman and CEO of Western Rim Property Services and is always one to follow his own advice. He employs these energy saving tips in all of the apartments and homes he builds. The first thing he suggests doing is installing windows with a solar heat gain coefficient of 0.22 to 0.24, such as the Cascade Low E Argon Gas Win Pro Series. Through heat transfer, old windows from the 1980s lose up to 100 times more energy than a fully insulated solid wall. “While older casements, transoms, and sliders are beautiful, having the newest windows and frames prevents air and energy leakage, cutting your heat loss by 75 percent,” Hiles says.