Sustainability, along with environmental stewardship and building a healthy lifestyle, continue to be important components of open green areas in any community. As a residential developers in the Dallas area, Marcus Hiles is honored to be able to contribute land for community parks and provide the much-needed areas for outdoor recreation spaces. Trees, plants and wildlife remain essential for life and allow families, couples and individuals a place for reflection. These spots can only grow through the generous work and dedication of people and businesses, including Hiles, devoted to eco-friendly design.
The United States housing market experienced a small but noticeable increase in mortgage rates in 2016, with the biggest spike happening as the year came to a close. Prominent Texas property developer Marcus Hiles points out that the Dallas-Fort Worth area saw home prices rise 12% over the past year alone — the third highest in the United States. Some buyers are unaffected by these increased costs, but many have been priced out of a housing market that was already struggling to accommodate massive growth even before this shift. Hiles, Founder of Western Rim Property Services, believes the upmarket rental communities built by his company provide Texas residents with a solution, offering luxurious apartments and townhomes at a price they can afford — unaffected by variances in housing markets.