Western Rim CEO Marcus Hiles Offers Luxury Rentals For Housing Shortage

Western Rim CEO Marcus Hiles Offers Luxury Rentals For Housing Shortage
Western Rim CEO Marcus Hiles Offers Luxury Rentals For Housing Shortage

Western Rim Property Services CEO Marcus Hiles notes that the article from the Texas Association of Realtors shows that while residential sales have steadily increased, actual housing inventory and the amount of active listings have significantly decreased in the first quarter of 2016 when compared to 2015. As the report shows, listings fell a total of 11.9% in the quarter. Additionally, active first quarter listings averaged only 64 days for sale on the market, down three days from first quarter 2015.

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