Santa Surprised

There is a shift underway—an unexpected one—that may affect the supply of Costa Mesa homes for sale. Experts project housing needs based upon measurable data. But sometimes, unexpected trends materialize…

The frequently cited nationwide housing shortage is largely ascribed to a falloff in builders willing to enter the market—a phenomenon that’s backed up by housing starts statistics which continue to register feeble readings. But now there is another phenomenon—one that has more to do with a cultural shift linked to the growing population of senior citizens.

That demographic bulge has been long expected—it triggered a considerable wave of nursing home construction. Yet those nursing home facilities are beginning to experience something totally unexpected: a falloff in demand.

That’s exactly what’s happening across the country, according to Professor Timothy Bickmore of Northeastern University. The Wall Street Journal estimates that “developers and senior-housing companies have spent billions” within the past five years to provide housing and associated support for the expected arrival of many of the 72,000,000 Boomers (those born between 1946 and 64). That’s one out of every five Americans.

Elderly population up, nursing home population…lagging? What the-???-

The surprise has to do with the advent of technologies that make it easier for elderly homeowners to stay in their homes. Typical Costa Mesa residents probably didn’t use to think of older folks as heading the pack of early adopters, but that was before the Baby Boomers began to qualify for senior discounts. Boomers were present for (and many, created) the computer age we’re living in—so it does make sense that they might be ready, willing, and able to adapt to electronic change.

Those developments are part of new “aging-in-place” technologies. They include products and services like sensors that respond to changes in medical conditions—and malleable house fixtures that can be adjusted as residents age. Prof. Bickmore has been studying “chatbots”—automated virtual assistants programmed to substitute for overworked healthcare professionals. In one hospital trial, discharge interviews for departing patents were conducted by a “virtual nurse” which assembled the patient’s records on the fly to create appropriate homecare instructions. The patients liked the virtual nurse—70% chose it as a low-stress improvement over the human alternative!

 If the raft of baby boomers do use technology to stay in their Costa Mesa homes longer than expected, a housing inventory crunch may ultimately result. Fortunately, though, in the here-and-now, you will still find a good number of attractive Costa Mesa offerings. Call me for a rundown!

We are built on a philosophy of Heritage & Hustle. The L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976.  It’s L3 mission is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa  If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at



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