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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Author: News Bot

You are here: Homepage > Articles by: News Bot

Florida Housing Market Sees a Major Shift With a Jump in Pending Sales

Get ready for some exciting news, Florida! After a period of waiting and watching, the Sunshine State’s housing market is finally showing a significant, encouraging uptick. Florida’s housing market saw a major positive shift in August 2025, with a notable surge

News Bot September 30, 2025 External Articles Read more

Federal Reserve Begins Key Interest Rate Meeting with Economic Jitters

The Federal Reserve’s September 2025 Federal Open Market Committee (FOMC) meeting begins today, September 16th, and will conclude tomorrow, the 17th. This meeting isn’t just another check-in on the economy; it’s a pivotal moment where big decisions about interest rates

News Bot September 16, 2025 External Articles Read more

Interest Rates Predictions by Bank of America 2025-2026

Are you keeping an eye on where interest rates are headed? You should be! Interest rate predictions by Bank of America have shifted, and it could impact your wallet. Bank of America now expects the Federal Reserve to cut interest

News Bot September 16, 2025 External Articles Read more

Mortgage Rates Today: 30-Year Fixed Refinance Rate Dips to 6.64%

If you’re eyeing a refinance, here’s the headline: According to Zillow, the national average for a 30-year fixed refinance rate has edged down to 6.64% as of today, September 16, 2025. This small dip from 6.65% might seem insignificant, but it could be

News Bot September 16, 2025 External Articles Read more

How to Make an Offer on a House in 6 Steps

Making an offer is one of the most important steps in the homebuying process. It’s the point where you find out if the home will be yours or not. From deciding how much to offer to choosing contingencies and earnest

News Bot September 16, 2025 External Articles Read more

Today’s Mortgage Rates – September 16, 2025: 30-Year FRM Drops by 8 Basis Points

Mortgage rates today on September 16, 2025, including both mortgage and refinance rates, have dropped notably, with the national average 30-year fixed mortgage rate falling to 6.37%—down 8 basis points from the previous week’s 6.45%. Refinance rates are dipping more

News Bot September 16, 2025 External Articles Read more

Houston’s 50 Newest Listings: September 16, 2025

Houston’s vibrant atmosphere and unique attractions makes it a great place to live. The median sale price in July was around $349,000, marking a 1.7% dip year-over-year, while the median days on market climbed to 46 compared to 32 last

News Bot September 16, 2025 External Articles Read more

Here’s How to Get a Jumbo Construction Loan to Build a Home

Key takeaways Jumbo construction loans cover home builds that exceed FHFA conforming loan limits ($806,500 baseline; $1,209,750 in high-cost areas for 2025). They combine short-term construction financing with a permanent jumbo mortgage. Borrowers need strong credit, a large down payment,

News Bot September 16, 2025 External Articles Read more

Senate Set to Confirm Miran for Fed on Eve of Pivotal Interest Rate Decision

In a nail-biting finish to September 15, 2025, the U.S. Senate is poised to confirm Stephen Miran as a new member of the Federal Reserve Board of Governors. This confirmation is timed so precisely that Miran could actually cast a

News Bot September 16, 2025 External Articles Read more

Cincinnati’s 50 Newest Listings: September 16, 2025

Cincinnati Housing Market Pulse — September 2025 Nestled along the Ohio River with a rich blend of historic charm and modern energy, Cincinnati offers vibrant neighborhoods and a welcoming community. In July 2025, the median sale price was $294K (+6.8% YoY) and homes

News Bot September 16, 2025 External Articles Read more

Today’s Mortgage Rates – September 15, 2025: Rates Jump Across the Board

On September 15, 2025, mortgage rates in the U.S. have shown mixed movement but a general upward trend, with the national average 30-year fixed mortgage rate increasing to 6.56%, up 11 basis points from last week’s 6.45%, according to Zillow. Refinancing rates

News Bot September 16, 2025 External Articles Read more

Kansas City’s 50 Newest Listings: September 16, 2025

Kansas City Housing Market Pulse — September 2025 Jazz, barbecue, and friendly neighborhoods — Kansas City’s heartbeat is unmistakable. In July 2025, the median sale price was $303K (+2.7% YoY) and homes sold in around 18 days. Latest Kansas City Listings 3203 NE 67th

News Bot September 16, 2025 External Articles Read more

Las Vegas’s 50 Newest Listings: September 16, 2025

Las Vegas Housing Market Pulse — September 2025 Beyond the bright lights, Las Vegas shines with sunny suburbs and desert trails minutes away. In July 2025, the median sale price was $440K (−2.2% YoY) and homes sold in about 56 days. Latest Las Vegas

News Bot September 16, 2025 External Articles Read more

Philadelphia’s 50 Newest Listings: September 16, 2025

Philadelphia Housing Market Pulse — September 2025 History-rich blocks, bold food, and vibrant arts — Philadelphia balances classic charm with modern ease. In July 2025, the median sale price was $275K (~0% YoY) and homes sold in roughly 48 days. Latest Philadelphia Listings 5253

News Bot September 16, 2025 External Articles Read more

Fed Interest Rate Predictions This Week: 25 Basis Point Cut Widely Expected

It looks like a sure thing: the Federal Reserve is widely expected to cut interest rates this week. After holding steady, the data suggests the central bank will likely lower its key interest rate by a quarter of a percent

News Bot September 16, 2025 External Articles Read more

St. Louis’s 50 Newest Listings: September 15, 2025

St. Louis is moving quickly: the median sale price was $247,500 in July 2025 (+9.8% year over year), and homes sold in about 18 days. The sale‑to‑list price is 99.7%, with roughly 42.5% of homes closing above the listing price.

News Bot September 16, 2025 External Articles Read more

Mortgage Rates Today: 30-Year Fixed Refinance Rate Rises by 10 Basis Points

If you’re watching the mortgage market closely, like I am, you’ll want to know that the current average 30-year fixed refinance rate stands at 6.75%. Zillow reported that, as of September 15, 2025, the 30-year fixed refinance rate is up by 10

News Bot September 16, 2025 External Articles Read more

How Much House $500K Buys in Major Cities Across the U.S. (and What This Means for Investors)

For many buyers and investors, $500,000 is a benchmark budget. But in today’s housing market, that number doesn’t stretch the same way everywhere – and the trade-offs reveal a lot about both affordability for buyers and opportunity for investors. In

News Bot September 16, 2025 External Articles Read more

7 Buyer-Friendly Housing Markets in 2025 With Abundant Homes for Sale

This news likely brings a smile to the faces of many house hunters: seven major cities have officially transitioned into buyer-friendly housing markets in 2025, a significant shift that gives ordinary folks more power when it comes to purchasing a home.

News Bot September 16, 2025 External Articles Read more

Baltimore’s 50 Newest Listings: September 15, 2025

Baltimore is a steady, somewhat competitive market: the median sale price reached $244,000 in July 2025 (+3.6% year over year), and homes typically sold in 42 days. The sale‑to‑list price is 99.8%. For national context, Baltimore’s median sale price is about 46% lower

News Bot September 16, 2025 External Articles Read more

Mortgage Rates Predictions for Next 90 Days: October to December 2025

Here’s the bottom line upfront: Most experts believe mortgage rates will dip slightly over the next 90 days, likely settling in the 6.2% to 6.5% range by mid-December 2025. While this offers a glimmer of hope for potential homebuyers, significant drops below

News Bot September 16, 2025 External Articles Read more

Today’s 5-Year Adjustable Rate Mortgage Rises to 7.39% – June 25, 2025

Are you thinking about buying a home or refinancing your mortgage? It’s essential to stay up-to-date on the latest mortgage rate trends. As of today, June 25, 2025, the national average 5-year Adjustable Rate Mortgage (ARM) has risen to 7.39%. This increase of

News Bot June 25, 2025 External Articles Read more

Is Cape Coral the Next Florida Housing Market to Crash?

If you’re thinking about buying or selling a home in Cape Coral, Florida, you need to be aware that the Cape Coral housing market is currently facing a high risk of price decline. Recent data from Cotality (formerly CoreLogic) shows that Cape Coral

News Bot June 25, 2025 External Articles Read more

Florida Housing Market Forecast for Next 2 Years: 2025-2026

The Florida housing market has always been a topic of interest for buyers, sellers, and investors alike. With its sunny beaches, vibrant cities, and booming tourism industry, the real estate market in the Sunshine State has seen significant growth over the years. However, with any market experiencing rapid growth, there comes

News Bot June 25, 2025 External Articles Read more
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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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