Anderson Communities, led by Founder & CEO Dennis Anderson, has been providing housing solutions to Central Kentucky for nearly forty years. But, in all his years of experience, Anderson says, “I’ve never seen anything quite like this…”
Anderson commented on the current housing shortage by highlighting the extreme circumstances surrounding the situation. “In March, pending home sales outnumbered homes on the market in Central Kentucky. It took a greater amount of time to close a house sale than the time the house was actually on the market. Inventory has dropped for sixteen straight months. There is only about 20 days’ worth of inventory on the market now while, in a balanced market, there would be at least four months of inventory. Home prices are up 12% in just the last year. First time home buyers are being priced out of the market. Residential rental is an alternative for many while the market finds balance. That’s where we think we can have the greatest impact on the current housing shortage.”
Dennis Anderson and his team are well primed to help alleviate the housing shortage in Central Kentucky. The company has the land and business partners to easily increase housing solutions for those in Central Kentucky. They intend to increase production by 30%. But they lack one main ingredient – new employees.
The company has openings for immediate hire in leasing, maintenance, and construction. To reach 30% production growth, Anderson Communities must recruit and retain great employees. As a result, all starting full-time positions are now paid at least $15/hour. This represents an increase of between 4% and 22% over previous levels. New levels of starting full time pay is augmented by an existing benefit package already in the top 10% of similar organizations. Those benefits include 401k matching and health care coverage with a generous co-pay cost share program.
According to Jessica Ballesteros, Director of Human Resources at Anderson, “Overall, Anderson salaries average 40% higher than the average salary in the Lexington area. In addition to competitiv compensation, Anderson Communities offers entry into a growing real estate industry, where employees can expect to acquire skills and knowledge and see regular opportunities for advancement within the organization. The 15 – 20 open positions today are where some of our top executives started their careers at Anderson,” Ballesteros commented.
Dennis Anderson concluded, “I have predicted a housing shortage in Central Kentucky for several years. But in my wildest imagination, I would have never dreamed it would be this bad!”
To find out more about a career at Anderson Communities and to apply for currently available positions, go to Anderson Communities Careers.
