Sustainable building, environmental stewardship, and promoting a healthy lifestyle remain important components of public green areas in any neighborhood. As a developer of residential properties in the Dallas area, Marcus Hiles is honored to donate land for community parks and make for the much-needed areas for natural recreation spaces. Trees, plants, and wildlife are important for life and allow families, couples and individuals a safe space for relaxation. These spots can only thrive through the critical work and dedication of individuals and companies, such as Hiles, devoted to environmentally friendly development.
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.