DALLAS, Feb. 1, 2017 /PRNewswire/ -- In recent years, Texas has faced significant economic uncertainties that have unsettled some parts of the state. Nonetheless, Texas remains a powerful hub for relocation activity, business development, and job growth. Home sales across the state are soaring and for some this is great news. Marcus Hiles, Dallas based residential property developer is strategically positioned to excel amidst the market's instability and continue providing luxury homes at an affordable price.
The Texas Quarterly Housing Report released in May 2016, indicates that Texas property is in high demand, which creates a paradox for those in the market to purchase a home. According to the report, 65,265 homes were sold during the first quarter of 2016, which is an almost 8% increase in sales from the same time in 2015. The median price for a home in Texas has increased over 5% in just a year's time which means those who are currently looking to buy a house not only have less inventory to choose from, they will also pay more for less value.
This imbalance, which can generate a real estate crisis, was the exact scenario facing Texans when Marcus Hiles' Dallas-based company, Western Rim Properties, was born. The Texas home buying market was disjointed and teetering on the verge of disaster when Hiles had the vision to intervene. His initial mission was two-fold: to improve the local real estate markets in both Houston and Dallas, and to provide lavish homes at an affordable price for working class Texans. As a result, not only were the Houston and Dallas areas upgraded with top tier resort style communities, but the entire Texas real estate market received a face lift.
For Marcus Hiles, Dallas is where his success in property investment began but he has always had a propensity to expand and excel. His humble beginnings instilled in him a tremendous work ethic, ingenuity and drive that have led to his notoriety as a superior property investor and developer.
Marcus Hiles - Chairman & CEO of Western Rim Property Services: http://www.MarcusHiles-News.com
MarcusHilestx (Marcus Hiles) - DeviantArt: http://marcushilestx.deviantart.com
Marcus Hiles (@marcus_hiles) - Twitter: https://twitter.com/marcus_hiles
Marcus Hiles - New Luxury Apartments in Frisco, TX - YouTube: https://www.youtube.com/watch?v=dmsJNbfOh-g
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SOURCE Marcus Hiles