Marcus Hiles Continues Development In Thriving Texas Housing Market

Major changes in the real estate market are frequently associated with times of population growth and economic prosperity at the state and municipal level. Upscale rental demand expanded across the state in 2015, and Marcus Hiles points to recent data from the Department of Labor documenting Dallas’ labor force growing to over 3.75 million, with one of the lowest unemployment rates in the country — finishing 2016 at 3.5%. Over 69,000 new apartments were developed across Texas in 2016, primarily in the four biggest metro areas.

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