The move towards renting rather than home ownership for innumerable Millennials and other groups has heightened the need for high-quality homes. Some of these residents see rental sites as a lasting resolution rather than a brief temporary accommodation. More than 13 percent of Texas residents prefer to rent according to the National Multi-Housing Council. That number is anticipated to grow. In bigger municipalities, the ratio of renters to owners is frequently much higher. Nearly 50 percent of the inhabitants in Houston are renters, the number in Austin is 35 percent with San Antonio at 24 percent. As Marcus Hiles states, “The American dream is now not owning a home but renting an apartment.” The goal for Hiles and his business is to produce these homes in the best locations and near the top schools with premium amenities within the complex and surrounding it.
FORT WORTH TEXAS REAL ESTATE ONLINE