Montgomery County administrators recently announced a freeze on new housing development in large sections of the county that will go into effect July 1, and the action is driving up demand for the current new home communities in the county.
What is the Cause of the New Housing Ban?
With its proximity to Washington, D.C., wide blend of lifestyle opportunities — from rural farmland to urban cityscapes —sought-after schools and a thriving job market, Montgomery County has long been one of Maryland’s fastest growing areas. Now, that growth is causing some leaders to slow things down.
The excellent school system, in particular, has long been a point of pride for Montgomery County. With the rapid growth of the region, administrators are looking to put a hold on new construction projects so that area schools don’t suffer from a rapid influx of new students.
Effects on Montgomery County Home Shoppers
The areas affected include parts of Gaithersburg, Silver Spring and Bethesda. Once the ban goes into effect this July, new development applications won’t be considered for a year.
Ultimately, new home shoppers are feeling this pressure. They’re worried that if they wait, they won’t be able to find any new housing options that fit their needs as available inventory shrinks under the ban. At new home communities that are currently selling, traffic has quickly increased since the news released.
Solutions for Montgomery County Home Shoppers
So, if you’re in the market for a new home in Montgomery County, we would encourage you not to wait any longer. Your family’s ideal solution is already here if you act quickly, and you’ll find it at one of the new home communities of Bradford’s Landing in Silver Spring or Travilah Station in North Potomac.
At both of these innovative communities, you’ll find a new home designed to fit your family’s needs for how you want to live today — and far into the future. Not only do these communities provide access to excellent Montgomery County schools, but they offer spacious townhome designs that are equipped with the latest features, including signature My Command smart home technology.
And with both to-be-built and move-in-now options available, you can find a home that fits your timeline perfectly. Come home this summer with a Move-In-Now Home and you’ll be ready for the school bus this fall. Or choose your style and feature selections with a To-Be-Built Home for ultimate personalization options. It’s up to you! Since these communities are already approved and under development, you can rest easy knowing your new home won’t be affected by the ban.
Check out our Montgomery County communities, select a homestyle that fits your needs and plan your visit today.