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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Author: Michael Gersitz

You are here: Homepage > Articles by: Michael Gersitz

CFPB begins cracking down on mortgage servicers

The Consumer Financial Protection Bureau (CFPB) is making good on its threats to police mortgage servicers. In late January, the agency released a series of authority actions warning servicers that they need to do right by consumers who need access

Michael Gersitz April 20, 2021 External Articles Read more

Keller Williams’ holding company names 3 execs

Keller Williams Realty is revamping its leadership team yet again, announcing on Monday three senior hires to a recently created holding company. Carl Liebert, CEO of KWx – which formed in October as the holding company for Keller Williams, named

Michael Gersitz April 20, 2021 External Articles Read more

Rocket Community Fund founder on affordable housing

Last year, Laura Grannemann’s dedication to providing Americans with access to safe and affordable housing earned her a spot as one of HousingWire’s 2020 Women of Influence. Today, her passion is still apparent in the work that she’s doing to

Michael Gersitz April 20, 2021 External Articles Read more

Passport Title integrates Qualia products

Passport Title Services LLC will use Qualia as its new title production software, after officials announced the company invested in Qualia Core and Qualia Connect to aid clients. Headquarterd in Rockville, Maryland, Passport Title focuses on real estate settlement processing

Michael Gersitz April 20, 2021 External Articles Read more

The housing market won’t crash in 2021. Here’s why

A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. They may be wishing for it,

Michael Gersitz April 20, 2021 External Articles Read more

The jumbo market for brokers is back in a huge way

With intense demand for homes on the higher end of the pricing spectrum, new updates to the QM rule that went into effect on March 1 and growing investor interest in jumbo mortgages – this is the perfect time for

Michael Gersitz April 20, 2021 External Articles Read more

Why isn’t mortgage industry alarmed by FHFA actions?

There is a well-known analogy about a frog and a pot of water. If you drop a frog into a boiling pot of water, the frog will leap out. But if you drop a frog into a pot of cold

Michael Gersitz April 20, 2021 External Articles Read more

How to Analyze Real Estate Markets

Michael Gersitz April 20, 2021 Videos Read more

Defeating the “Enemy of Success” w/ Steven Pressfield (The War of Art) | BiggerPockets Podcast 461

Michael Gersitz April 18, 2021 Videos Read more

M&A in the title industry? Don’t make these mistakes

As HousingWire reported earlier this year, 2021 will be a year of heightened M&A activity — and not just for mortgage lenders and originators. As the refinance wave gives way to a purchase market, consolidation is already upon us – even

Michael Gersitz April 17, 2021 External Articles Read more

Blend, valued at $3.3B, plans to go public

Blend Labs filed a confidential registration statement with the Securities and Exchange Commission on Friday, signaling its intent to enter the public markets. The dropping of the S-1 closely follows the mortgage tech firm’s big venture capital raise in January,

Michael Gersitz April 17, 2021 External Articles Read more

2 million refi candidates eligible after mortgage rate drop

Another 2 million borrowers could save an average of nearly $300 a month on a refinance thanks to last week’s 10-basis-point drop in mortgage rates. Recent data from Black Knight found the number of high-quality refi candidates moved back up

Michael Gersitz April 17, 2021 External Articles Read more

Housing market inventory is starting to recover

Housing starts jumped in March, recovering from a bleak February that included wild winter storms in the South, according to a recent report from the Census Bureau. Single-family housing starts rose 15.3% over the month to a pace of 1.24

Michael Gersitz April 17, 2021 External Articles Read more

Want to boost your home’s property value? Plant a tree

There’s no denying shopping for a home is time-consuming. You have to pay attention to everything – the neighborhood, floorplan, proximity to work, school district and cost. Even if you plan to live in the home for years, you want

Michael Gersitz April 17, 2021 External Articles Read more

Higher mortgage rates symbolize an economy rejuvenated

In 2020, housing was an economic bright spot for a nation shuttered inside. Globally speaking, things look much different roughly a year later –  jobs are returning by the millions, a series of viable vaccines are being deployed across America,

Michael Gersitz April 17, 2021 External Articles Read more

Here it is: A bill to help first-time homebuyers

Consumers have been closely following President Joe Biden’s proposed first-time homebuyer tax credit, but the latest legislative effort to assist homebuyers differs in several significant ways. The newest draft of a down-payment assistance bill would provide $25,000 to first-time homebuyers,

Michael Gersitz April 17, 2021 External Articles Read more

Black Knight and Stavvy receive MISMO RON certification

Data analytics giant Black Knight and digital mortgage vendor platform Stavvy are the latest companies to officially receive the Remote Online Notarization (RON) compliance certification through the Mortgage Industry Standard Maintenance Organization (MISMO). Their initiation marks the ninth and 10th companies to

Michael Gersitz April 17, 2021 External Articles Read more

How to Best Structure a Partnership for Investing in Rental Properties | Daily Podcast 184

Michael Gersitz April 17, 2021 Videos Read more

All Eyes on Purchase at Engage Marketing event June 17

HousingWire’s fourth-annual Engage Marketing event will feature experts focused on the specifics of mortgage and real estate in a purchase market. While appetite for refinance loans will plunge in the second half of the year, a huge demographic wave of

Michael Gersitz April 15, 2021 External Articles Read more

Kingston is latest hot housing market for those leaving NYC

The Hudson Valley of New York has gone from a dream retirement location to a housing hot spot for those leaving New York City. In Kingston, a city on the Hudson River two hours north of Manhattan, homes are being

Michael Gersitz April 15, 2021 External Articles Read more

These were March’s hottest housing markets

In modern history, the housing market has never seen a month like March. Record demand and the lowest levels of inventory on record pushed sales prices to record highs in March and made life very complicated for buyers, real estate

Michael Gersitz April 15, 2021 External Articles Read more

Subdividing Land: What Real Estate Investors Should Know | Daily Podcast 183

Michael Gersitz April 15, 2021 Videos Read more

Builder confidence jumps, despite crazy lumber prices

Builder confidence rose one point to 83 for newly built single-family homes in April, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report. Builder confidence has not risen above 84 so

Michael Gersitz April 15, 2021 External Articles Read more

From Sleeping on a Couch to Owning 20 Units (in 2 Years!) | BiggerPockets Podcast 460

Michael Gersitz April 15, 2021 Videos Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
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About Me

I am a Real Estate Agent based out of Tonawanda, licensed to buy, sell and lease real estate in New York State! Give me a call, it might be the best decision you ever make!


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