Senior Housing - St Louis Real Estate News

STORM DAMAGE IN 2025? You May Be Owed Up to $5,000 Back on Your Missouri Taxes 💰

By Sandie Hea, on March 5th, 2026

If you own a home in Missouri and your home was hit by the March 2025 hailstorm — the one that left roofs and siding looking like they’d been blasted by a machine gun — or the devastating May 7, 2025 tornado, there is a significant tax opportunity you should not overlook.

Missouri offers a HOMESTEAD DISASTER TAX CREDIT AFFIDAVIT for homeowners who incurred an insurance deductible on their primary residence due to a qualifying 2025 disaster. The form is Missouri Department of Revenue Form 5926 – Homestead Disaster Tax Credit Affidavit

Here is what matters.

If you Continue Reading →

Maximizing Home Sale Value for Seniors: A Comprehensive Guide

By Ted Gottlieb, on June 6th, 2024

Selling a home, especially for seniors, can be an emotional and complex process. Whether the decision stems from downsizing, moving to an assisted living community, or addressing economic security concerns, ensuring the home sells for its maximum value is crucial. Here’s how to achieve that, regardless of the home’s condition, without resorting to real estate investors who more often than not offer the best price.

Understanding the Motivation

Firstly, it’s essential to recognize why the sale is happening. Common reasons include:

Downsizing for seniors to a more manageable living space. Transitioning to a senior apartment or assisted living community. Financial Continue Reading →

St. Louis Retirement Real Estate: A New Era According to Latest Report

By Dennis Norman, on January 20th, 2024

In the St. Louis real estate market, understanding the choices of retirees is crucial. The Merrill Lynch-Age Wave report, “Home in Retirement: More Freedom, New Choices,” offers valuable data-driven insights. It reveals a significant shift in retirees’ housing preferences, with a focus on lifestyle-driven relocation rather than just downsizing.

Key Insights:

Renovation Trends: Retirees are increasingly focusing on home renovations to improve comfort and safety. This trend is driven by the desire to age in place comfortably, adapting their living spaces to suit changing mobility and health needs, as well as to accommodate visits from family and friends. Continue Reading →

Smart Home, Smarter Seniors

By John Donati, on March 22nd, 2023

What happens when you pair up Ted Gottlieb, Certified Senior Advisor® (CSA®) that’s a real estate broker with a real estate broker (me) that’s Smart Home Certified? You end up with solutions for older adults that allow them to live more efficiently, for longer, in their current home by increasing safety, security, accessibility and independence. Before I get to the Smart Stuff, let me explain what a CSA® is and how rare it is for a REALTOR® to also be a CSA®. Ted is the first, and only as of this article, in Missouri to achieve this.

A Certified Senior Continue Reading →

What (Most) Seniors Don’t Want You to Know

By Ted Gottlieb, on March 21st, 2023

Note: I’m generalizing ……..

Seniors don’t want to leave their homes. I can’t tell you how many times I’ve been told “I want to be carried out feet first”.

For most, the thought of selling the home is overwhelming – often paralyzing. Maybe it’s the memories, the years of accumulated “stuff”, lack of energy or the fear of what comes next. No matter the reason, just like you and me, older adults want to be where they feel safe. Enjoying their “independence” – when many times they are anything but.

So, it’s status quo until a life event Continue Reading →

Who Are The Home Buyers Today?

By Dennis Norman, on November 4th, 2014

As the look, size, price and location of homes we live in has changed over the years so the typical buyer of these homes. The best way to find out what the typical home buyer is like and what they are looking for in a home is to turn to the National Association of REALTORS (NAR) annual survey of Home Buyers and Sellers. Annually, NAR produces the results of the massive survey they conduct and just today they released the 2014 survey results which I will highlight below.

(We work hard on this and sure would appreciate a “Like”)[iframe Continue Reading →

Are Reverse Mortgages Safe for Seniors?

By Dennis Norman, on December 10th, 2010

Ah, the reverse mortgage battle continues…Consumers Union says their risky and dangerous; RetireSafe, a grassroots organization that advocates on behalf of seniors says they provide financial independence to Seniors…so who’s right?

First off, I have to say that I personally feel reverse mortgages offer an excellent opportunity for seniors to live a better life, or get them through a tough financial period, by tapping the equity in their homes. I have written before about a friend of mine, Tom Carter, who has helped dozens of seniors over the years with reverse mortgages. Having said that, obviously, like almost Continue Reading →

New Rule Proposed to Protect Seniors Obtaining Reverse Mortgages

By Dennis Norman, on September 3rd, 2010

Dennis Norman

Reverse mortgages have become increasingly popular over the past few years with seniors that find themselves with a large amount of equity in their home, but short on cash, or struggling to pay for the upkeep of the home, property taxes, insurance or other living expenses. A reverse mortgage allows people in that situation to pull the equity from their home in a lump sum, monthly payments or just as they need it.

Continue Reading →

HUD Announces Plans to Make Reverse Mortgages More Affordable

By Dennis Norman, on August 28th, 2010

Dennis Norman

The Federal Housing Administration (FHA) announced this week that it intends to make modifications to its Home Equity Conversion Mortgage (HECM), a reverse mortgage loan insured by the federal government, to make it more attractive and cost effective for older home owners seeking to tap their home equity.

A HECM is a reverse mortgage that is insured by the FHA. It is designed to enable elderly homeowners (62 years or older) to borrow against the equity in their home without having to make monthly payments as is required with a traditional mortgage or home equity loan.

Continue Reading →

St Louis Real Estate – Reverse mortgages pave the way to financial freedom for many St Louis seniors

By Dennis Norman, on October 21st, 2009

By: Dennis Norman

Many seniors find themselves in a situation where there are struggling to keep up with rising costs of gasoline, utilities, property taxes and insurance but yet they own a home that is either paid for or has a significant amount of equity. Since, in many cases, they have been in their homes for years, raised families and have a lifetime of memories in their home selling it to realize the equity out of it is usually not something they would consider.

A “reverse mortgage” may be a “best of both worlds” alternative: A chance to get Continue Reading →

EHOC Files Fair Housing Complaints Against 14 Senior Housing Providers in St. Louis area

By Dennis Norman, on September 26th, 2009

As a result of its recent report on senior housing, EHOC announced on September 23, 2009, that it was filing 14 fair housing complaints against senior housing providers in the St. Loius area with the United States Department of Housing and Urban Development (HUD).

Complaints are being filed against the following senior communities in St. Louis County: Brentmoor Retirement Community; Mari De Villa; Pacific Place; The Fountains of West County; McKnight Place Assisted Living; National Healthcare Corporation (which has facilities in both St. Louis County and St. Charles County); The Rockwood; and Tesson Heights. Complaints were filed against the Continue Reading →