Facing historically low inventory levels and frenzied bidding wars in the resale market, buyers are snapping up new single-family homes at breakneck speed.

A master-planned community in New Caney offers a selection of single-family residences that will be move-in ready by early next year.

“Historically low mortgage rates, favorable demographics and an ongoing suburban shift for home buyer preferences have spurred demand and increased new home sales by nearly 17 percent in 2020 on a year-to-date basis,” said NAHB Chairman Chuck Fowke.

Showcasing two distinctive collections, the Classic Series and Signature Series, the homes are stylishly appointed and replete with upgrade options.

In Houston’s Tanglewood community, known for its million-dollar homes and tree-lined streets, a new condominium high-rise is preparing for its debut.

Sugar Land-based developer Westin Homes is one of two prominent home builders delivering single-family homes to the city of Katy.

The three remaining single-family homes (lots 2, 5 and 3) follow Plan 1, consisting of four bedrooms, two-and-a-half bathrooms and a two-car garage.

The new Welcome Home Center for a collection of single-family homes developed by national homebuilder, Lennar, is open now in Baytown.

A master-planned community by David Weekley Homes in The Woodlands neighborhood touts a blend of city and small-town living with quick move-in new homes available.

“For the same rental price, people get more space at a better value for their dollar,” said Jerry Pi, the Founder and Chairman of Pi Capital Partners.