Ridge is a neighborhood located in El Paso, Texas.
Many of the residents don't drive all the way to work thanks to the fact that Ridge has great transit and buses run late into the night.
The number of owner-occupied houses is low in Ridge making it a great place to buy rental places. Most residents of this location are quite young, and there are plenty of local businesses that cater well to this age group. Research shows that the people who call this vicinity home have a lower income than normal.
With [an average listing price of $130,099], home prices in Ridge dropped by 4.9 percent this year, but the marginal decline did little to the overall market. During the same period, inventory is noticeably increasing in this place year-over-year, with a 20 percent increase in for-sale listings last year alone.