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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

How to Upgrade Your Landlording to Make Your Investment More Passive | Daily #22

Michael Gersitz November 13, 2020 Videos Read more

Due Diligence on A Long Distance Real Estate Investment | Dream Investment Adventure Ep. 5

Michael Gersitz November 13, 2020 Videos Read more

29-Year Old Making Nearly $1M in Passive Real Estate Income | BiggerPockets Podcast 416

Michael Gersitz November 13, 2020 Videos Read more

Strong Buyer Competition is Pushing Homes to Sell Above List Price

Sellers are being rewarded amid strong demand for homes as buyers are striking quickly with competitive offers when they find a home they like Go to Source Author:

Michael Gersitz November 12, 2020 Zillow Articles Read more

Despite moratoria, foreclosures increase 20% in October

Despite foreclosure moratoria holding steady in several states, a recent foreclosure report from ATTOM Data Solutions revealed a total of 6,042 U.S properties began the foreclosure process in October. That number is up 21% from a month ago, but still

Michael Gersitz November 12, 2020 External Articles Read more

AIME expands grant program to include veterans, military spouses

The Association of Independent Mortgage Experts isn’t done helping others.  After announcing the creation of Spark in September – a vertical aimed at creating paths for women and minorities in the mortgage industry – AIME’s newest program, Military in Mortgage,

Michael Gersitz November 12, 2020 External Articles Read more

What are first-time homebuyers looking for?

Today’s first-time home buyers are a unique bunch. They are typically millennials, budget-conscious, and looking for smaller and less expensive homes. Many have been renting for a long time — longer than they wanted to — and when they get

Michael Gersitz November 12, 2020 External Articles Read more

Endpoint receives $40 million in additional funding from First American

Mobile-first title and escrow company, Endpoint, has announced it received an additional investment of $40 million from its parent company, First American Financial Corporation. This investment brings the total funding received to date to $70 million. Endpoint said that this

Michael Gersitz November 12, 2020 External Articles Read more

Real Estate Investing Q&A (Multifamily, COVID-19, House Hacking & More!)

Michael Gersitz November 12, 2020 Videos Read more

Real Estate Investment Showdown: Mobile Home Parks vs. Apartment Buildings | Daily #21

Michael Gersitz November 12, 2020 Videos Read more

Multifamily Real Estate Investing Deal Analysis & Tour | Real Estate Ride Along

Michael Gersitz November 12, 2020 Videos Read more

Mortgage applications decrease slightly, but refinance index jumps

Mortgage applications decreased 0.5% last week after a 3.8% jump at the end of October, according to a report from the Mortgage Bankers Association (MBA). That’s despite the 30-year fixed rate decreasing to 2.89% — an all-time survey low. The refinance index,

Michael Gersitz November 11, 2020 External Articles Read more

LoanDepot says it’s going public (for real this time)

After a dramatic false start in 2015, California-based lender loanDepot says it’s finally going public. The company, founded by billionaire entrepreneur Anthony Hsieh, said Wednesday morning that its newly formed affiliate loanDepot Inc. had confidentially filed paperwork with the Securities

Michael Gersitz November 11, 2020 External Articles Read more

Rocket delivers record volume in Q3, but execs are tight-lipped on purchase v. refi

Back in September, executives at Rocket Companies bragged about delivering a record third quarter, the kind of origination volume no observer or analyst had ever seen before. They weren’t kidding. Thanks to unprecedented market conditions, shifting demographics and historically low

Michael Gersitz November 11, 2020 External Articles Read more

New Co-host Tony J Robinson: Scaling with Short-Term Rentals | Rookie Podcast 37

Michael Gersitz November 11, 2020 Videos Read more

Biden off more than we can chew? | Ben Mallah Podcast

Michael Gersitz November 10, 2020 Videos Read more

Q3 earnings update: eXp increases revenue by 2x this quarter

eXp World Holdings, the parent company of eXp Realty, announced in Q3 earnings on Tuesday that its revenue in the third quarter increased 100%, to a record $564 million compared to $282.2 million the year prior. That beat expectations, which

Michael Gersitz November 10, 2020November 10, 2020 External Articles Read more

FHA proposes allowing private flood insurance option

The Federal Housing Administration proposed a rule on Tuesday that would allow lenders to use a private flood insurance option rather than go through the National Flood Insurance Program. The proposed rule would allow lenders to use a private insurance

Michael Gersitz November 10, 2020November 10, 2020 External Articles Read more

Non-QM lenders are back. But will brokers pick up the phone?

Mark Dodson was having a promising start to the year. His corner of the Atlanta mortgage market – high-value home loans that wouldn’t be bought by the GSEs – was booming. But by March there were whispers that the non-QM

Michael Gersitz November 10, 2020 External Articles Read more

Real estate on the ballot: Here’s what passed at the state level

Several state-level real estate initiatives and urban development policies were voted on in the Nov. 3 general election, including issues involving tax-credits for veterans, widows and long-time homeowners.  Here’s a state-by-state real estate ballot breakdown from California, Georgia, Nebraska and

Michael Gersitz November 10, 2020November 10, 2020 External Articles Read more

The Mortgage Collaborative brings its own fresh take on virtual

The Mortgage Collaborative, the mortgage industry’s independent cooperative network, has begun releasing details on a significant virtual event they will host for their members during the first three weeks of December.  Dubbed “The 12 Days of TMC”, the event will

Michael Gersitz November 10, 2020November 10, 2020 External Articles Read more

Do Landlords Need an LLC for Rental Property? | Daily 20

Michael Gersitz November 10, 2020November 10, 2020 Videos Read more

A week out from proxy vote, CoreLogic defends its board

With just a week before the official meeting takes place, the battle for CoreLogic’s board of directors continued on Monday as CoreLogic issued an open letter that urged shareholders to vote against the Cannae Holdings and Senator Investment Group proposals

Michael Gersitz November 10, 2020 External Articles Read more

How to prevent wire fraud while increasing production

The low interest rates this year have led to increased revenue and high loan volumes. Unfortunately, the threat of wire and title fraud risk has also increased.  As companies and their workforces continue to adjust to a work-from-home system in

Michael Gersitz November 10, 2020 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
  • Office: (716)302-5222
  • Email: michael.gersitz@signature-wny.com
  • Website: michaelgersitz.com
  • Mailing Address: 2468 Niagara Falls Blvd, Suite #5

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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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