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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

Pandemic drives more interest in real estate careers

For Victoria Murphy, a RE/MAX agent in Oahu, Hawaii, getting her Realtor license was always a part of her plan. But shut-down orders in March helped push the college student to get it done. Murphy said the shut-down gave her

Michael Gersitz September 18, 2020 External Articles Read more

MBA: 11 million households fell behind on rent or mortgages in second quarter

In the second quarter of 2020 nearly 11 million households fell behind on their rent or mortgages – however nearly triple that number, approximately 30 million individuals, missed at least one student loan payment, according to a recent report from

Michael Gersitz September 18, 2020 External Articles Read more

People movers: Churchill Mortgage, Zumper, Verity Global Solutions, NYC Housing Partnership

Churchill Mortgage has added Randy Starkweather to its executive team, naming him chief financial officer where he will be responsible for overseeing the company’s financial operations and performance.  Starkweather brings more than 35 years of executive management experience to the

Michael Gersitz September 18, 2020 External Articles Read more

Keller Williams adds Diversity, Equity and Inclusion Committee to leadership council

Last week, Keller Williams’ International Agent Leadership Council voted unanimously on a motion to amend its belief system and to add an additional committee, as introduced by Kymber Menkiti and John Clidy, co-chairs of the KW National Social Equity Task

Michael Gersitz September 18, 2020 External Articles Read more

What conversion rate should real estate agents expect when they purchase leads?

No matter how experienced a real estate agent is, he or she relies on leads for business growth. And, since a National Association of Realtors survey showed that 53% of buyers in 2019 used an agent that was either referred

Michael Gersitz September 18, 2020 External Articles Read more

Shant Banosian becomes Guaranteed Rate’s first LO to originate $1 billion

Shant Banosian, the nation’s No. 1 loan originator, has become Guaranteed Rate’s first loan officer to fund $1 billion in loan volume in one year. Over the course of his decade-long career, Banosian has generated more than $4 billion in

Michael Gersitz September 18, 2020 External Articles Read more

FormFree’s Brent Chandler on transforming the way the housing industry does business

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. “Ultimately, we are preparing for the digitization of the entire mortgage cycle, front-to-back,” said

Michael Gersitz September 18, 2020 External Articles Read more

Fidelity Title, Stewart expand in new markets

Fidelity National Financial recently announced it hired a new leader as it expands its presence into the state of Georgia. And Stewart Title picked up its acquisition activity to grow its presence in Alaska. Fidelity hired Rachel Hollinger Chapman to

Michael Gersitz September 18, 2020 External Articles Read more

Freddie Mac’s Cindy Waldron to speak at HousingWire Annual

This year has been a numbers game. How long does forbearance last? What are the rates this week? Will the next stimulus bill be enough? The pandemic has created an onslaught of record-breaking figures, but behind all the headlines and

Michael Gersitz September 18, 2020 External Articles Read more

The Pandemic Can’t Stop Military Home-Buyers – 5 Reasons VA Loan Usage is Surging

It comes as no surprise that the rise in COVID-19 cases rocked the housing market in more ways than one. Military homebuyers are facing new challenges in their search for a dream home. Yet, VA loan usage has surged in

Michael Gersitz September 18, 2020 External Articles Read more

Help your broker partners with client retention by retaining servicing

HousingWire spoke to Home Point Financial’s new President of Servicing Perry Hilzendeger about the company’s “We Care” philosophy and how Home Point supports its broker partners. HW: What was it that initially drew you to Home Point, coming from such

Michael Gersitz September 17, 2020 External Articles Read more

More young adults live at home now than during the Great Depression

While at the beginning of the year it seemed like Millennials and Generation Z were going to take hold of the housing market in 2020, the pandemic drastically changed that prediction. For the first time since the Great Depression, the

Michael Gersitz September 17, 2020 External Articles Read more

Fed says expect low rates through 2023

The Federal Reserve left its overnight lending rate unchanged on Wednesday at the end of its last meeting before the Nov. 3 presidential election and said it expects to keep it near zero for more than a year. In a

Michael Gersitz September 17, 2020 External Articles Read more

Here are 2020’s top companies in title so far

The title industry experienced quite a rush in the second quarter of 2020 with $4.18 billion in title insurance premiums generated. According to a report from the American Land Title Association, family markets made up nearly 81% of those gains

Michael Gersitz September 17, 2020 External Articles Read more

Lawmakers ask Calabria to rethink adverse-market fee

Federal Housing Finance Agency Director Mark Calabria took fire during Congressional testimony on Wednesday about the implementation of an adverse-market fee that’s expected to add about $1,400 to the cost of refinanced mortgages delivered to Fannie Mae or Freddie Mac

Michael Gersitz September 17, 2020 External Articles Read more

Louisiana brokers now have access to Texas MLS

North Texas Real Estate Information Systems has added another state to its Multiple Listing Service. Brokers and agents in the Shreveport and Bossier City region now have access to the database of listings and products the NTREIS system has to

Michael Gersitz September 17, 2020 External Articles Read more

Mat Ishbia talks super-low mortgage rates, adverse market fee and capacity limits

A well-qualified buyer these days can find a mortgage at historically low interest rates. But that’s not good enough for United Wholesale Mortgage CEO Mat Ishbia. He’s looking to hook borrowers at stupid-low mortgage rates, though not all applicants will

Michael Gersitz September 17, 2020 External Articles Read more

Title insurance premiums surging during COVID-19 pandemic

The title insurance industry saw a surge in premium volume in the second quarter of 2020, according to the American Land Title Association’s latest Market Share Analysis. It’s no secret that lending volume is up in 2020. In fact, the

Michael Gersitz September 17, 2020 External Articles Read more

MBA: Refi index still 30% higher than last year even as mortgage applications slow

Mortgage applications decreased 2.5% last week after seeing some positivity the week prior, according to a report from the Mortgage Bankers Association. The refinance index decreased 4% compared to the week prior but remains 30% higher than the same week

Michael Gersitz September 17, 2020 External Articles Read more

“This Advice Changed My Life” with Brandon and David | BiggerPockets Podcast 400:

Michael Gersitz September 17, 2020 Videos Read more

Remote Work Could Open Homeownership to Nearly Two Million Renter Households

Zillow analysis finds millennials and renters in expensive coastal metros will benefit the most from new housing options afforded by telework Go to Source Author:

Michael Gersitz September 17, 2020 Zillow Articles Read more

New home sellers join the market as high demand persists

This Zillow Weekly Market Report includes housing market data as of the week ending Sept. 5 Go to Source Author:

Michael Gersitz September 17, 2020 Zillow Articles Read more

Poised for Growth, These Are The Dozen Mid-Sized Metros to Watch

Big-city amenities, small-town charm: The up-and-coming mid-sized metros seeing supercharged housing market growth Go to Source Author:

Michael Gersitz September 17, 2020 Zillow Articles Read more

Rental Concessions on the Rise as Rental Market Softens

Concessions offered by landlords to entice renters have nearly doubled across the U.S. since the coronavirus outbreak began Go to Source Author:

Michael Gersitz September 17, 2020 Zillow Articles Read more
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  • Michael Gersitz
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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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