Marcus Hiles Dallas Real Estate Developer Inspires Entrepreneurs of Today

Marcus Hiles Dallas Real Estate Developer Inspires Entrepreneurs of Today
Marcus Hiles Dallas Real Estate Developer Inspires Entrepreneurs of Today

The Texas Quarterly Housing Report released on May first, 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.

Read more: http://www.marketwatch.com/story/marcus-hiles-dallas-property-investor-inspires-businessmen-of-today-2016-06-27

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