Don and Marie Keating listed their Memorial-area home the week between Christmas and New Year's and accepted an offer before midnight on New Year's Eve for the exact amount Don hoped they'd get for their home of 50 years.
It was a fitting finale to a year that saw Houston's real estate market surge into 2021 with astounding momentum. According to the Houston Association of Realtors, home sales in the first quarter of 2021 are “running 16.9 percent ahead of 2020’s record pace.”
Limited supply, historically low interest rates, pent-up buyer demand, and a shift in work/home life are all contributing to the breakneck speed of Houston’s real estate market.
For seniors considering a move, this is the ideal time to get the most for their homes and invest in a vibrant retirement lifestyle.
Don and Marie found the lifestyle they were looking for at Eagle’s Trace, a community in West Houston developed and managed by Erickson Senior Living, just four miles from their house in Memorial.
“Everything we need is here,” said Don. “There’s the bank, CVS pharmacy, beautiful grounds, and friendly, helpful staff.”
The Keatings’ children live out-of-town, so the family relied on the expertise of Haven Benoit, personal moving consultant at Eagle’s Trace.
“It would have been a lot to manage if we didn’t have the support of everyone at Eagle’s Trace,” said Christine Keating, the couple’s daughter.
As part of Erickson’s Realty and Moving Services program, Benoit offers complimentary coordination of moving resources including referrals to trusted real estate agents, senior move managers, and moving companies.
Lisa Hudgens has been a preferred realtor working with clients moving to Eagle’s Trace for nine years.
“Currently the market conditions for selling a home are perfect for seniors moving to Eagle’s Trace,” said Hudgens. “My experience has been that homes go under contract within a couple of days, in multiple-offer situations for top dollar. This is a great opportunity to gain more equity for seniors in this fast-paced market.”
Hudgens listed David and Edie Barnes home of 15 years in Northeast Houston in January 2021.
“Our house hit the market on a Sunday afternoon,” said David, a retired Presbyterian minister. “By Tuesday evening, we had six offers. One was a cash offer over asking price.”
Hudgens says those moving to Eagle’s Trace are in a position unique among home sellers.
“They don’t have to turn around and face the buying frenzy, which has become so difficult due to the low housing inventory and multiple offer situation,” said Hudgens. “Frustration is growing among buyers as they struggle to buy a new home. Moving to Eagle’s Trace alleviates this pressure and paves the way for a smooth transition.”
David and Edie say Houston’s booming housing market made it easier to relax and begin to enjoy life at Eagle’s Trace.
“It was a relief to have the house sell so quickly,” said David. “We had marvelous help throughout the process. Everyone Haven recommended was professional, personable, efficient, kind, and knowledgeable.”
Maximize your home investment and find fun, freedom, and peace of mind at Eagle’s Trace. Settle on a qualifying apartment home by June 30, 2021 and live free for the rest of 2021. This offer waives the monthly service package through the end of the year for new reservations on select inventory. Call 1-800-989-8450 to learn more and hear the exciting details.
To learn more about Eagle’s Trace, request a free brochure!