Marcus Hiles On Rising Property Values In Texas Cities

Marcus Hiles On Rising Property Values In Texas Cities
Marcus Hiles On Rising Property Values In Texas Cities

Throughout the United States, real estate markets witnessed a small, yet steady spike in mortgage rates in 2016, with a big increase transpiring towards the end of the year. Texas real estate developer Marcus Hiles notes that in the Dallas-Fort Worth metroplex, there was a 12 percent rise in home prices over the past year alone — the third biggest jump in the country. Although higher interest rates and home values remain manageable for some, many potential buyers now find themselves unable to afford a home within a housing market that was already struggling to meet home ownership demands prior to the rate and property value increases. Hiles, CEO of Western Rim Property Services, offers a practical solution — upscale rental units managed by his company, offering luxurious homes at an affordable cost that remains unaffected by variances in housing price trends.

Read more: http://markets.financialcontent.com/investplace/news/read/33692967/Marcus_Hiles_