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5 reasons to take advantage of the Denver housing market

Created date

June 19th, 2012
Wind Crest, the Erickson Living community in Highlands Ranch, Colo., is more than 96% sold out. The community has fewer than 20 apartment homes available, and they won t last long. For those who may be waiting until the time is right to make the move, here are five reasons why that time is now. 1. Low housing inventory. The housing market is really spiking right now, says Jason Atwell, Wind Crest director of sales. It s a great time to sell because the inventory on the market is so low. Atwell speaks from personal experience. He recently sold his own Denver house in just 30 hours with two offers for the full asking price. He used a preferred real estate agent from Wind Crest s approved partners list. And through the complimentary Erickson Realty and Moving Services program, Wind Crest priority list members get full access to trusted resources, including real estate agents, moving companies, and stagers. 2. Denver market is hot. Denver is one of the hottest markets right now, second after Oakland, Calif., says Helena Buckley, Denver real estate professional. According to the National Association of Realtors, Denver-area listed homes are on the market an average of 33 days before being sold. The numbers don t lie, says Molly Thorne-Dhieux, Wind Crest sales counselor. Our first resident moved in five years ago, and now we have 750 people living here. 3. Equal market. In certain areas around the country, the market is currently referred to as a buyer s market. Interest and labor rates have improved, making the market more favorable for buyers. But some argue that it s becoming a more equal market favorable for both buyers and sellers. According to a recent report by Shea Homes, In a buyer s market, the price of a home will be under 20 times a year s worth of rent for an equivalent home. If the price of a home is more than 20 times the annual rent, it s generally better to rent. This trend has been on the ups, and in 2012, the seller s market is finally catching up. People are buying rather than renting, and enough buyers have entered the market to make it more competitive a plus for sellers. According to a press release from the National Association of Realtors, existing home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops were up 8.8% in February from a year before. And that was before the spring selling season. 4. Moving assistance available. Wind Crest has a team of specialists to help with every step of the process, says Thorne-Dhieux, which we ve turned into a manageable system for people. People like the idea of moving to Wind Crest, Thorne-Dhieux adds, But once they get home and are standing amongst all of their stuff, they can become overwhelmed and not know where to begin. A lot of people don t realize how much we can help them. Some of the laundry list of concerns include the unknowns: how much their house is worth, if the house will sell, what to do with all their furniture, Thorne-Dhieux explains. These unknowns can paralyze people. We help by taking the unknowns and turning the process into a completely supported baby-step process. 5. Financial security.Wind Crest offers its residents a way to take control of their future with its predictable monthly service package. The financial structure of Wind Crest benefits our residents because it provides a way to preserve the principle and hold on to the nest egg that people have worked so hard for because [their entrance deposit] is refundable, Atwell says. The monthly service package includes all utilities except telephone, use of all campus amenities, 24/7 home maintenance and repairs, one meal a day at the community s restaurant, and you ll never pay another property tax bill again. Our monthly service package allows residents to pay for only what they use instead of things they may not need, like extended care, Atwell says. However, those options are always available if and when needed.

Step into the ' Wind Crest lifestyle

The Wind Crest sales staff offers support every step of the way when you move to Wind Crest. Step 1: Visit campus, tour the apartment homes, and talk with the sales staff and people who live at Wind Crest. Step 2: Meet with Sales Counselor Molly Thorne-Dhieux and discuss the process of securing your new home. Step 3: Reserve your new home by depositing 10% toward the refundable entrance deposit. Step 4: Schedule a home visit with Personal Moving Consultant Beth Brandenburg. She will help you choose a real estate agent, downsizer, stager, handyman services, moving company, and anything else you need to get your house sold and prepare you to move. She will also help manage the entire process with you. Step 5: Using the services you chose with Beth Brandenburg, pack your belongings and move to your new home!

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