Dallas has the second-best economy in the nation

Dallas' economy is led by real estate

Dallas’ economy is led by real estate

Dallas has the second-best economy in the nation. Dallas ranked No. 2 on the most recent “On Numbers” report released this week, according to the Austin Business Journal. Austin led the rankings, and Houston was No. 5.

Each of these thriving Texas cities is home to a SouthStar Communities neighborhood, showcasing the developer’s depth of understanding of economic drivers, long-term real estate cycles, and ongoing migration patterns.

The “On Numbers” report takes into account 18 economic factors and can’t deny the banner year Dallas has had as the city continues to reap the benefits of hot real estate and energy sectors. Lake Ridge at Joe Pool Lake, located halfway between downtown Dallas and downtown Fort Worth, has also benefitted from the hot Dallas market as buyers in search of prime Texas lake property discover all the advantages of living in a lake community without giving up a convenient DFW location.

With continued migration to Texas, “The Texas housing market is reacting to the massive influx of new residents coming to the Lone Star state for jobs,” according to Redfin’s latest report.

“As more residents move to Texas from other states with a higher median home prices, the housing markets in Dallas, Houston and Austin have been bolstered by rising home prices of double-digit year-over-year growth. About 2.5 million people relocated to Texas between 2008 and 2012 in search of jobs from more costly regions of the nation,” the report stated.

Two homesites have been sold at Lake Ridge‘s The Summit neighborhood over the past few weeks, taking advantage of closeout pricing on the final homesites in this gated, hilltop neighborhood and continuing the sales trend at Lake Ridge this year. The exclusive neighborhood of The Summit offers 30-mile views, towering trees, and the highly rated Midlothian School District.

Special offers currently available on prime Texas lake property at Lake Ridge also include newly released lake-view sites from $39,900 and one-half to one-acre properties in The Sanctuary, a gated neighborhood offering some of the most desirable lake real estate in North Texas.

For more information on moving to Texas or buying land and building a custom home at Lake Ridge, visit Lake Ridge.

Commemorate the 50th anniversary of President John F. Kennedy’s assassination

Dealey Plaza

Dealey Plaza will be the site of a day’s worth of events commemorating the 50th anniversary of JFK’s assassination.

The eyes of the world are on Dallas even more than usual this week as the city gets ready to commemorate the 50th anniversary of President John F. Kennedy’s assassination on today, Friday, Nov. 22, 1963.

An international news story that is bringing people and journalists from all over the world to Dallas (Dallas News reported that there have been “more than 900 media credential requests, from France to Germany to Serbia”), the assassination of JFK is one of the seminal events to ever occur in the city of Dallas, and it is one we have never forgotten.

Events to mark the 50th anniversary of the assassination will be held today in Dealey Plaza, a National Historic Landmark District and site of the Sixth Floor Museum, which chronicles the assassination and legacy of JFK. “About 5,000 tickets were issued for the free ceremony,” said ABC News, which is planned to include:

  • A speech by the mayor
  • Tolling of the church bells
  • Readings from Kennedy’s speeches by author David McCullough
  • A performance by the U.S. Naval Academy Men’s Glee Club
  • An Air Force flyover

A moment of silence will be observed at 12:30 p.m. to mark the moment the shots rang out.

There will also be a “ceremony at Parkland Memorial Hospital, where Kennedy was declared dead, to lower the U.S. flag to half-staff. In Fort Worth, the city’s Chamber of Commerce will host a breakfast at the hotel where Kennedy gave his last speech and spent the last night of his life.”

On this solemn occasion, Lake Ridge at Joe Pool Lake and SouthStar Communities would like to pay our respects to the entire Kennedy family and to everyone around the world who continues to mourn the passing of President Kennedy passing five decades ago.

 

DFW’s best Halloween haunts

Haunted House

DFW’s haunted houses are sure to give you a scare

It’s that time of year, when you can’t wait to sip apple cider, snuggle up in front of the fireplace, take a brisk walk at dusk…and be scared half to death by a terrifying mummified creature jumping out from behind a spider-webbed door.

Yes, it’s time for supreme spookiness, crazy creepiness, and grand goriness. It’s Halloween in DFW, and we have the cream of the crop of DFW’s best Halloween haunts from Dallas News’ 23 Dallas-Fort Worth Haunted Houses Where You Can Have A Spooky Time.

Once you’re done screaming your head off, let Lake Ridge at Joe Pool Lake, DFW’s premier lake community, put that smile back on your face, with limited closeout deals from just $49,900 on the final 12 homesites in The Summit. These special deals on stunning lots in this elevated view neighborhood are sure to make you forget all about being chased by axe-wielding monsters.

The community’s central location puts nearly all of Forth Worth and Dallas within easy reach, so you can easily hit the whole spooky list of DFW’s best halloween haunted houses from Lake Ridge.

A few of our favorites:

  • Just 5 miles from Lake Ridge, TAYMAN GRAVEYARD HAUNTED THEME PARK in Midlothian gives a good scare, with: Tayman Mining Co., Uncle Reggie’s Haunted Hay Ride, Tayman Funeral Home, Fappy the Clown’s Theatre of Wonders and Gravedigger’s Hollow.
  • A mere 13 miles from Lake Ridge, THE TERRORPLEX in Mansfield presents Circus of the Dead, Midnight Manor and a freaky outdoor maze called limbo.
  • The ultimate fright night is found just 15 miles from Lake Ridge at SIX FLAGS OVER TEXAS’ FRIGHT FEST. Haunted houses, special spooky shows and rides that have been renamed for Halloween are sure to give you a real good scare.

For more information about lake property at Lake Ridge or closeout deals from just $49,900 on the final 12 homesites in The Summit, visit Lake Ridge.

Hot Dallas Real Estate Market Means Home Sales, Land Sales

Lake Ridge Sanctuary Amenities

Lake Ridge, one of the Dallas-area master-planned communities being rediscovered by eager Texas land buyers

 

By all accounts, Texas home prices are on fire. This is particularly true in the Dallas area, where home prices rose 10.2 percent in May from 2012 levels, according to a new report from CoreLogic Inc. The hot Dallas real estate market is on everyone’s lips, and everyone’s list of places to buy right now (just ask Real Estate Economy Watch or the Dallas Morning News).

Builder Online reports that “demand for new homes is outpacing supply.” In fact, one of the most important measures of market strength, “sold-but-not-yet-built houses,” has risen from 26 percent a year ago to 36 percent today, which is “way up from the low of 14% in…September 2008.

 

This means new-home builders are speeding up production on communities that may have delayed during the market downturn. It also means the land rush is on, both for new-home builders looking for the next place to build a community, and for individuals and families who may have put off their search for the perfect place to buy Texas land, and who now know the time is right.

Indeed, this historical relationship between home sales and Texas land sales has led to a rush of newly minted interest in master-planned communities in strong markets that have shown great strength throughout the Dallas-Fort Worth area. Communities such as Lake Ridge on Joe Pool Lake that offer large Texas land for sale and waterfront and water-view homesites, are particularly popular with buyers looking to buy in an ideal location. Here, they can find the perfect piece of Texas land and build the ideal custom home that is unique to their style and lifestyle. Five new homes are getting ready to be build in The Sanctuary at Lake Ridge, where Texas land buyers quickly fall in love with the spacious, gated, lakeside and lake-view properties offered in the final neighborhood development at Lake Ridge community.

The real estate market is expected to continue its upward progress, according to Dr. Mark Fleming, chief economist of CoreLogic. “It’s been more than seven years since the housing market last experienced the increases that we saw in May, with indications that the summer months will continue to see significant gains.”

For more information about Texas land for sale and Dallas master-planed communities, visit Lake Ridge.

The Sanctuary at Lake Ridge: 5 Advantages to Living Near Water

The Sanctuary at Lake Ridge

Beautiful views from The Sanctuary at Lake Ridge

 

 

Dreaming about living near the water? Who isn’t, really.

But if you are actually looking to make that dream a reality and are in the market for the perfect water-close home or homesite, there are a few things you should know.

Beyond the wonderful, relaxing lifestyle, the great amenities, and the stunning views you can find in a water-close community, there are these 5 Great Advantages to Living Near Water.

 

1. Fun and Relaxing Activities

Living near the water means being able to get out and play whenever the mood strikes. Other families may need to pile in the car and spend hours on the road on a busy weekend. Living at a community like The Sanctuary at Lake Ridge, the newest neighborhood in the Lake Ridge development on the shores of Joe Pool Lake, can mean just stepping outside your door or taking a scenic drive down the rolling hills that are unique to this area of Texas.

The 7,500-acre freshwater playground of Joe Pool Lake offers fishing, boating, boat rentals, wakeboarding, its own marina, and a restaurant and bar. Plus, nearby there are 15 miles of mountain biking and hiking trails and six city parks, one of which includes a 3,000-square-foot amphitheater that hosts concerts and events year round. Here you can sail, swim, waterski, hike, take in a show, and catch a bite (on the water or in the restaurant!). And you’ll never have to fight weekender traffic to do it.

2. Breathtaking Views

The ability to wake up to gorgeous coastal scenery every day is a driving force behind many an individual’s move to a water-close environment. And some communities, like The Sanctuary at Lake Ridge, offer views of rolling hills and towering trees as well.

The final neighborhood development in Lake Ridge, on the shores of Joe Pool Lake, The Sanctuary offers properties ranging from one-half to 1 acre, comprising some of the most desirable lake real estate in North Texas. This gated environment with panoramic lake and skyline vistas, private pond-front sites and coveted shoreline-close properties also features the acclaimed, 18-hole Tangle Ridge Golf Club.

3. Resale Value

Homes near the water, especially those that feature water views, have historically held their value and increased in value more quickly than homes around them because they are a limited commodity. Even homes that offer a location that is “relatively” close to water, offering quick and easy access to recreational amenities, tend to be worth more than homes that are landlocked.

When it comes to protecting your investment, or providing a great opportunity to grow your equity, homes near the water are the clear winners.

4. Health

Living near the water promotes a healthy lifestyle because of the array of activities and watersports available. At The Sanctuary, property owners and homeowners enjoy boating, swimming, and wakeboarding, among many other outdoor activities, on Joe Pool Lake. An additional health benefit to living near water is the effect it can have on your health and mental state. Being near water has been proven to lower both anxiety and blood pressure.

5. Location

Living near water can often mean a remote location far from culture, entertainment, and work centers. People are often forced to make a choice of water or convenience. At The Sanctuary, they can have both.

With a location that is just 20 miles south of Downtown Dallas and 28 miles from Downtown Ft. Worth, Lake Ridge is right in the center of these two thriving areas. The community presents a relaxed country atmosphere that feels like a world away yet is still close enough for work and play.

For more information on living at The Sanctuary at Lake Ridge, and for current homesite specials, contact The Sanctuary at Lake Ridge today!

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