The Dallas-Fort Worth housing market is at an all time high since the recession. We have seen a lot of economic growth and recovery in the market because of homebuyer demand and a substantial increase in homebuilder confidence since June 2006. With an increase in demand and market comfortability, we are confident the Dallas-Fort Worth housing market will continue its recent growth.
Looking back at 2012 and looking forward to the New Year, it is clear that Dallas-Fort Worth is the perfect place to call home. Dallas-Fort Worth is home to championship winning sport teams and world class dinning. Along with limitless business opportunities, the North Texas area is a bright star in the recovering housing market. Since September, Dallas became one of the fastest growing markets in the United States. Home sales have reached an annual rate of 3.39 million after a slump due to the recession. The Dallas-Fort Worth real estate market also experienced one of the highest percentages of growth since 2005 and continues to grow in homebuyer sales.
Lower mortgage rates, affordable homes and positive attitudes for the future continue to propel the housing market and make Dallas-Fort Worth and Lake Ridge at Joe Pool Lake one of the best places to call home. Not only is the current housing market climate great for both home buyers and builders, but it is good for the overall economy. Because people are buying homes and building new ones, communities like Lake Ridge at Joe Pool Lake are growing and flourishing. The communities around Dallas-Fort Worth offer great schools, recreation opportunities, school districts and beautiful amenities.
Lake Ridge at Joe Pool Lakes hopes you take the rise in homebuilding and great mortgage rates into consideration when deciding your next residential move. Living lakeside is one of the best decisions you can make!
For more information on the housing market growth, visit:
- “Dallas-area home prices see biggest gain since 2007″ Dallas Morning News
- “Record-low mortgage rates may lift housing” Dallas Morning News
- “Dallas Home Prices Recovering, Affordable Home Loans Available” Texas Lending Today
Lake Ridge is a master-planned, lakeside community owned by SouthStar Communities, minutes away from the Dallas/Fort Worth metroplex on the shores of Joe Pool Lake. Lake Ridge boasts country living and resort style amenities for residents to enjoy. Five parks, basketball, baseball and soccer facilities, an 18 hole golf course and access to Joe Pool Lake are daily enjoyments of Lake Ridge residents.
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