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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

Unemployment Fears Hit Pandemic Levels: Highest Since April 2020

Have you noticed a nagging worry in the back of your mind lately? It’s not just you. According to a recent survey, unemployment fears are on the rise, hitting levels we haven’t seen since the early days of the COVID-19 pandemic. Despite

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Top 10 Cities Where Home Prices Have Crashed Since 2024

Want to know where home prices are dropping the fastest? Well, the top 10 cities where home prices have crashed or fallen the most since last year are spread across the US, from New Jersey to California, with some areas seeing

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Mortgage Rate Predictions for This Week: Expect Volatility, Not Relief

Are you glued to your screen, refreshing for some good news on mortgage rates? Well, for the week of April 14-21, 2025, don’t expect a dramatic drop. The truth is, mortgage rate predictions are pointing towards continued volatility, with rates likely hovering

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Mortgage Rates Go Down Below 7%: Should You buy or Refinance?

Are you dreaming of owning a home or perhaps considering a refinance? Well, there’s some good news to share! As of today, mortgage rates have gone down below the 7% mark. According to recent data from Zillow, the 30-year fixed purchase rate

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Top 10 Most Ghetto Cities in California: Dangerous Cites to Live

California is known for its beautiful landscapes, sunny beaches, and booming tech industry. However, it also has its fair share of dangerous cities with high crime rates. While some cities in California are known for their safety and security, others

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How Does Buying a House in Cash Affect Taxes?

The dream of owning a home is a powerful one, fueled by the promise of stability, equity, and a place to call your own. But for many, the financial hurdle of a mortgage can seem daunting. Enter the idea of

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How Much Does a Realtor Make on a 100,000 Sale?

A realtor’s income depends on the commission rate they charge and the commission split they have with their brokerage. The commission rate is usually a percentage of the home’s sale price, and it can vary by location, market conditions, and

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How Much Does a Realtor Make on a $500 000 Sale?

Selling a home is a significant financial decision, and it’s natural to wonder how much your realtor will earn from the transaction. The compensation structure for real estate agents can seem complex, but understanding the basics can help you negotiate

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10 Pros and Cons of Living in Oklahoma

Oklahoma, also known as the Sooner State, offers a unique blend of small-town charm and a diverse experience for its residents. It is known for its rich Native American history and culture, with 38 tribal nations and various historic sites

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Elevate Your Home Décor with Stripe Patterns

Stripe patterns have long been a favorite in interior design, known for their ability to create dynamic visual effects and add texture to any room. Whether you’re in New York City, NY, using stripes to create a modern, sleek aesthetic,

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How to Clean Old Kitchen Cabinets: A Step-by-Step Guide From Professional Cleaners

Let’s face it: kitchen cabinets see things. Splattered spaghetti sauce, greasy fingerprints, the mysterious sticky goo you pretend not to notice, and all of it building up over time. And before you know it, your once-gorgeous cabinets are giving off

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When Is the Right Time to Downsize Your Home? 14 Signs It’s Now

As we grow older, our needs and capabilities change, and not all homes are designed to support this change along with us. It’s common to upsize your home when your household is growing – whether to accommodate children, pets, or

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Are High Interest Rates a Ticking Time Bomb for the Housing Market?

Are high interest rates a ticking time bomb for the housing market? In a word, yes, but it’s a complex situation. While the housing market isn’t about to explode overnight, the sustained pressure of elevated interest rates – currently hovering near

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Expect High Mortgage Rates Until 2026: Fannie Mae’s 2-Year Forecast

If you’re holding out hope for a big drop in mortgage rates in 2025, I’ve got some news: don’t count on it. According to Fannie Mae’s January 2025 Economic Developments report, mortgage rates aren’t expected to decrease significantly in the coming year. They

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Today’s Mortgage Rates February 1, 2025: Rates Drop Again

As of February 1, 2025, mortgage rates are hovering in the mid-6% range, providing potential homebuyers and those looking to refinance with a clearer picture of what to expect in today’s market. With current rates at 6.59% for a 30-year fixed mortgage and 5.89%

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Las Vegas Housing Market: Trends and Forecast 2025-2026

The current Las Vegas housing market trends show a mixed bag of indicators, but overall, the market is showing signs of stabilization with modest growth. While the median home price saw a slight decrease in December 2024, the year ended with a

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Today’s Mortgage Rates January 31, 2025: Rates Drop, Key Trends

As of January 31, 2025, today’s mortgage rates are seeing a slight decrease compared to previous weeks, with the average 30-year fixed mortgage rate now standing at 6.96%. This reduction is significant for potential home buyers and those considering refinancing, as

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Fed’s Meeting in January 2025: Impact on Mortgage Rates

The January 2025 Federal Reserve meeting had a significant impact on mortgage rates, though not in the way many might have expected. The Fed decided to hold interest rates steady, which led to a slight increase in mortgage rates due to

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Boulder Housing Market: Prices, Trends, Forecast 2025-2026

The Boulder housing market is a perennial topic of interest for potential homeowners, investors, and real estate professionals. Renowned for its picturesque settings, vibrant community, and proximity to tech hubs, Boulder, Colorado, continues to attract buyers. If you’re wondering about the

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Top 10 Most Expensive Cities in Wisconsin to Buy a Home in 2025

The most expensive cities in Wisconsin offer luxury living, scenic views, and exclusive amenities that attract homebuyers seeking high-end properties. Whether you’re looking at homes for sale in Mequon or Muskego, these cities provide premium living experiences. But if luxury

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Top 10 Most Expensive Cities in Ohio to Buy a Home in 2025

The most expensive cities in Ohio offer upscale living, luxury homes, and vibrant communities. Whether you’re looking at homes for sale in New Albany or Dublin, these cities feature prestigious neighborhoods and premium amenities. For those seeking high-end properties, these

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Top 10 Most Expensive Cities in Massachusetts to Buy a Home in 2025

The most expensive cities in Massachusetts offer luxurious homes, coastal views, and desirable amenities that draw in affluent residents. Whether you’re looking at homes for sale in Lexington or Cohasset, these cities are known for their prestige and charm. But,

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Top 10 Most Expensive Cities in Illinois to Buy a Home in 2025

Illinois is home to some of the most expensive cities in the country, offering luxurious homes, upscale amenities, and premier neighborhoods. Whether you’re looking at homes for sale in Winnetka or Long Grove, these cities deliver elegance and comfort. While

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Top 10 Most Expensive Cities in Oregon to Buy a Home in 2025

Oregon is known for its natural beauty and is home to many desirable cities to live in. Whether you’re looking at homes for sale in Portland or Sunriver, these areas offer high-end amenities, scenic neighborhoods, and plenty of things to

News Bot February 1, 2025 External Articles Read more
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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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