Erickson Tribune

Wind Crest

UPDATED: Friday, November 03, 2006

Why Did More Than 18,000 Homeowners Walk Away From Their Houses?

Posted on Wednesday, November 01, 2006
 

Homeowners See Retirement With New Perspective

By Thomas Schrader
THE ERICKSON TRIBUNE

Why would they walk away?

Why would so many thousands of people do something “today,” and “in the prime of retirement” that generations past considered something only suitable for “someday in the future when I ‘need’ it?” Why would they sell their house?

These 18,000 are normal, everyday people who worked hard, raised families, saved for the future the best they could on their middle-income salaries, who loved their houses, and love their vibrant, involved lives.

A Changing Perspective
The trend is changing through each new generation. Current retirees look at the various retirement options available to them with fresh eyes, weighing the positives and negatives.

Is Staying in Your House the Best Choice?
The key is looking at your options with “fresh eyes.” A recent poll suggests that many homeowners in their 70s mistakenly shield themselves from considering any lifestyle option associated with the generic label of “retirement community.” The result is that communities tailor made for retired people at the height of their energy and initiative get clumped in with the category of assisted living and nursing care facilities.

The new breed of homeowner— the breed who takes even a modest amount of time and initiative to research and visit the various alternatives now available, find just how outdated those popular misconceptions are.

The 18,000 people who moved from their houses to an Erickson community—a population on pace to reach 20,000 by 2008—are just one example of this clear new trend.


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One Out of Two
For example, Erickson reports roughly half of the homeowners who investigate one of their communities around the country either choose to move in or choose to take a preliminary step of placing a $1,000 refundable deposit for Priority position on a waiting list for sold out apartment homes. Talk about a changing tide in society—today, if you and your neighbor visit and weigh the advantages of an Erickson community in relation to your house, one of you will likely opt for Erickson.

Seeing a Need
This trend shows just how far reality can be from some people’s ideas of a retirement community. To demonstrate, when speaking at the recent Wind Crest ground breaking ceremony in June, John Erickson said, “There are ten million people who are in the middle stage of retirement. But there’s only about a half a million total retirement units that have services related to them in the country. So, even if every single person wanted to, only 1 in 20 would ever have access to a service-based community.” By illustrating this point, It’s apparent that Erickson communities took note of the needs and desires of those in retirement and began creating communities that met those needs and celebrated those desires long before others in the same industry began realizing the need. It’s easy to see that those who are making the decision to move to Wind Crest have made a smart choice!

Of those 18,000 Erickson trend-setters, hundreds have reserved apartment homes in the residences of Cottonwood Court and look forward to a life at Wind Crest in Highlands Ranch. Other eager Coloradans are joining the Priority List to take advantage of opportunities to reserve in Wind Crest’s next planned building, Blue Spruce Ridge.



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