Marcus Hiles knows that the kitchen is the centerpiece of almost every home, and that as the popularity of gourmet dining has grown, so have kitchens. Homes are often equipped with restaurant grade appliances and large islands that can suit multiple needs. With additional square footage and myriad conveniences, kitchens are overtaking the dining and living room as the primary place for family gathering.
Month: March 2017
In December, reflecting projections that President-elect Trump’s pro-growth stance will hike up interest rates, Forbes documented a half point rise in mortgage rates from late October, and predicted a steady spike throughout 2017. Meanwhile, notes Marcus Hiles, Jonathon Smoke, Chief Economist for Realtor.com, isn’t expecting election results to have a direct impact on housing or the economy, but he does foresee some young hopeful homeowners facing difficulty in the coming year, “With more than 95 percent of first-time home buyers dependent on financing their home purchase, and a majority of first-time buyers reporting one or more financial challenges, the uptick [in interest rates] we’ve already seen may price some first-timers out of the market.” Senior vice president of ATTOM Data Solutions, Daren Blomquist, shares this sentiment, “While buying is currently more affordable than renting in major U.S. markets, that equation could change quickly if mortgage rates keep rising.”
Forbes, on January 12, reported that by the end of 2016, Millennials, or citizens falling between the ages of 18 and 34 within 2015, have outgrown Baby Boomers as the America’s largest generation. Often predicted to be a group that would live in cities throughout most of their lives, unattracted by the amenities of suburban life that appealed to their parents, Dallas real estate developer Marcus Hiles points to significant proof that, as they begin to settle down, the majority of these individuals will move to the suburbs, continuing the trend of the generation before them. Hiles believes that millennials have the power to revitalize communities throughout the U.S., permanently restructuring traditional American ways of life.
Rental price heavily depends on the popularity of the floorplan. The more popular the floorplan is, it is more likely that the rent will be over the top. Additionally, by using different systems, proprietors make sure that they make larger sums. However, these systems can also prove to be useful for the residents. Marcus Hiles advises you not to ask directly for a specific place, but to ask for available places instead. Choosing the right season for leasing can significantly reduce your rent to a reasonable price. You can read more about this topic on
DALLAS, TX- Real estate investor and developer Marcus Hiles notes that the state’s rapid economic growth can be attributed to low government regulation and reduced spending. He encourages other states to follow in the footsteps of the Lone Star state, noting that “Over the past decade, our leaders have created an environment for businesses and residents to thrive. We have no corporate or personal income tax, and during each session, the Legislature curbs spending growth.” If Texas were a sovereign nation, it would have the twelfth largest gross domestic product (GDP) in the world.