The population of Texas increased by nearly 433,000 individuals, from 27.42 million to 27.86, furthering a growth trend that overtook the entirety of the Southern U.S. “States in the South and West continued to lead in population growth,” explained Ben Bolender, chief of the Census Bureau’s Population Estimates Branch. “In 2016, 37.9 percent of the nation’s population lived in the South.” Jeffrey S. Passel, a senior demographer at the Pew Research Center, envisions the growth continuing indefinitely, saying to the New York Times that, “the movement to the South and West is a very long term trend.” Marcus Hiles, furthering what the two researchers have stated, adds that older residents of the North and Northeast, primarily baby boomers, are finding warmer places to retire.
Marcus Hiles explains that despite these statistics seemingly noting a trend of movement to urban areas, it is in fact the surrounding suburban towns that are experiencing massive increases, mostly due to expensive downtown housing prices. As an example, the Texas A&M University Real Estate Center reported that the average price paid for a home in Austin’s local market area is $386,700, and predicted the cost to continue rising across 2017. Extreme costs of living are not only encouraging Texans to live in the suburbs, they are causing them to opt for long-term renting. In many Texas cities, including Houston and Dallas, renting has already been shown to be more cost effective than buying a house. As developers build upmarket rental communities offering resort-like amenities and services, residents will continue to realize that rental complexes provide improved quality and enjoyment of life on top of greater financial freedom.
Texas property developer, Marcus Hiles has been constructing sustainable communities across the lone star state for the last three decades. Through careful consideration and extraordinary vision of luxury building that has driven his projects he has stayed informed of design trends and knowing the most desirable styles. Recent changes have altered expectations of room layout, facades and even the possible functions of homes themselves. Innovative architectural advances have led to net-zero energy properties that strike a balance of total energy consumption and the amount of renewable energy they create, while passive and active buildings utilize energy conservation processes for virtually eliminating all heating and cooling bills. Instead of focusing on aesthetics, architectural design trends are bringing more convenience, space and light into today’s spaces and reshaping the way we live. Read More: http://www.marketwatch.com/story/marcus-hiles—-discusses-the-latest-current-architectural-design-trends-2016-09-15
As superyacht owners push for hybrid, fuel-saving propulsion, upmarket travelers seek sustainable accommodation, and companies reap the financial benefits of green buildings, the demand for LEED Certified Apartment Construction follows. The USGBC website notes the trend is growing largely because owners of green buildings saw an average of 19.2 percent improvement in ROI for existing buildings and about a 9.9 percent new project return, notes Marcus Hiles. According to a Smart Market Report from McGraw Hill, apartment builders discussed their reasons for building to LEED standards, with more than half responding to customer demand, three-quarters noting savings on energy use, and about 70 percent recognizing government or utility incentives. About 65 percent acknowledged a competitive market advantage over less sustainable properties.
Planned cities, such as the colonial-era developments of Jamestown, Philadelphia, and Charleston, have shaped the United States since the 16th century. In today’s America, CEO of Western Rim Property Services Marcus Hiles believes that designed communities are not only beneficial to residents, but play an integral role in the country’s real estate market. The Dallas real estate investor has been constructing stunning luxurious developments for over thirty years, witnessing firsthand the transformative impact they’ve had on Texas’ citizens and economy.
When a renter asks about a particularly popular floorplan, the chances of them receiving a higher rental rate increase due to the technology built to help landlords generate more revenue. Alternatively, if the renter inquires about what floorplans the complex has available without being specific on what exactly they’re looking for, the rent price then decreases. A New York Times article points out that technology, such as the yield management software, can help residents as well. “Just as travelers can lower their airline fare by flying at off times, residents can often lock in lower monthly rents by agreeing to lease terms that help apartment owners avoid downtime or fill less popular units.” With this being said, Marcus Hiles notes that renters should be signing leases during an off-season such as late fall or early winter.
Marcus Hiles understands the benefits of urban wilderness and is proud to stand with organizations like American Forests in their mission to create and preserve these spaces. Urban wildernesses are important to local ecosystems because they promote happiness among residents. But they also play a vital role in retaining ground and rainwater, cleaning the city’s air, creating life-giving oxygen. The shade created by trees can keep a car fifty degrees cooler than if it were parked in the sun. American Forests works to study municipal forests and educate the public about the importance of parks and wilderness spaces in our daily lives, providing information such as the fact that two trees produce enough oxygen for one person and pull twenty pounds of air pollution out of the air each year. Natural spaces in urban areas must be created, maintained, and preserved by the public for the benefit of the entire community.
For overall citizen happiness, a city needs a strong park system and wilderness environments. These areas increase the health and well-being of the citizens who live nearby, making neighborhoods more approachable and friendly. Research from the U.S. Centre for Disease Control (CDC) shows an undeniably positive connection between access to community areas and the likelihood of someone choosing to exercise. Easily accessible open space in the vicinity of where people live encourages physical activity and neighborhood camaraderie. Parks frequently become the unique hub of their area and are an investment in the growth of a neighborhood. Aware of the importance of green spaces and committed to promoting a healthy lifestyle, Marcus Hiles has contributed to the transformation of multiple Texas cities with his generous gift of land for green space development. The hope is that this will inspire residents to get outside, growing an amazing place to live, work, and play. His mandate for eco-friendly business extends throughout the company, which plants thousands of trees each year, to include an overall go of eco-friendliness and personal health. Neighborhoods with access to green space and surrounded by vegetation, wildlife, and other living things are healthier, friendlier, and allow residents to grow in a prosperous direction.
Marcus Hiles Fort Worth based company only chooses top areas to develop near the state’s major urban centers, with its flagship communities situated in scenic expanses throughout Dallas, Austin, New Braunfels, Houston, and San Antonio. Each of the Mansions, Towers, Estates, and Grand Estates brand residences feature resort-style amenities and modern designs, yet are priced at nearly half of what similarly sized inner city apartments with fewer comforts provide. The impressive community spaces consist of spacious clubhouses, state-of-the-art, 24-hour fitness centers, business rooms and cafés with Wi-Fi, and patios boasting sleek summer kitchens and fireplace lounges. Tenants relax in infinity edge swimming pools surrounded by tanning decks and tranquil cabanas that create a vacation-like atmosphere. Other upmarket conveniences highlight the natural landscape of the grounds, including professional-level golf courses, jogging trails, dog runs and private parks.