It’s A Perfect Time to Buy A New Home in Bridgeland

One of the economic effects of the current pandemic is low mortgage interest rates. For those that are planning to buy their first home, considering sizing up because of a growing family, or scaling down as an empty nester, this is an opportune time to buy a new home, especially in the master planned community of Bridgeland, where life is seamlessly blended with nature.

Bridgeland offers a variety of home styles and lot sizes, with all homes situated within one-quarter mile of a park or green space. Our community is close to shopping and transit, has a top-rated educational campus, and offers numerous recreational opportunities to spend more time outdoors. From playground parks and dog parks to the Treehouse and the Boat House, you’ll find ample unique amenities throughout Bridgeland.

“With record-low interest rates on mortgages and the inventory selection at Bridgeland, now is an excellent time to buy a new home,” explains Becky Shannonhouse, Senior Business Development Officer II and Director of Marketing at Stewart Title. Mortgage interest rates are at an all-time low, ranging from 2.9% to 3.5%, depending on the length of terms and your qualification status.

There are several factors that determe your interest rate such as your credit score, loan type and down payment. With the availability of lower interest rates, this homebuying market gives those wanting to purchase, an opportunity to get a larger home or one with more upgrades.

In Bridgeland, you’ll find a selection of inventory homes from an array of 18 well-respected new homebuilders that are priced from the $220s to $1 million+. Whether you are looking for a traditional neighborhood such as Parkland Square, a custom home in Sheldon Lake, or something in between, Bridgeland has homes in sizes and styles for every budget.

“I encourage anyone who is considering such an exciting move to go ahead and get qualified as soon as you can, to take advantage of this buying climate as interest rates will eventually rise in the future,” Shannonhouse adds.

A prequalification will provide you with an informal calculation of how much you can borrow by evaluating your credit worthiness. It’s different from a preapproval, which is a formal indication provided by the lender, usually in the form of a letter, stating your finances have been evaluated and you are approved to borrow a maximum stated amount.

Our Welcome Center on North Bridgeland Lake Parkway and model homes throughout Parkland Village are currently open for touring, or you can peruse our builders’ inventory homes online and check out virtual tours of their model homes. Now truly is the perfect time to build or buy a new home and make friends with new neighbors in the #1 selling community in Houston and in Texas.