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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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External Articles

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Mortgage Rates Today, Nov 19: 30-Year Refinance Rate Drops by 7 Basis Points

As of November 19, 2025, mortgage refinance rates today have seen a welcome dip. Zillow reports that the national average for a 30-year fixed refinance rate has dropped by 7 basis points, settling at 6.76%. This might sound like a

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Austin vs. Raleigh: Which Tech Hub Has the Stronger Housing Market for Investors?

For years, investors chasing tech money have looked at two Sun Belt superstars: Austin, Texas, and Raleigh, North Carolina. Both cities have rocketed up the rankings for population growth, job creation, and overall “cool factor.” But if you’re putting your

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Why Turnkey Real Estate Still Beats Today’s High Mortgage Rate Climate

The financial news is a chorus of caution. “Mortgage Rates Soar,” “Housing Market Cools,” “Investor Activity Slows.” For many, these headlines are a stop sign, a clear signal to retreat from the real estate market and wait for calmer seas.

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FHA Mortgage Rates Today, Nov. 19, 2025: Key Figures for Aspiring Homeowners

As of November 19, 2025, the benchmark 30-year fixed FHA mortgage rate is hovering in the ballpark of 5.875% to over 6%. This provides promising news for many aspiring homeowners looking to get into their dream homes, especially those who

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Will Mortgage Rates Go Down Below 6% in the Next Two Months?

Based on what I’m seeing and hearing from the experts, combined with the latest economic figures and recent rate trends, it’s highly unlikely that average 30-year fixed mortgage rates will drop below 6% within the next two months. While I

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Today’s Mortgage Rates, November 18: 30-Year FRM Holds at 6.09%, Rates Remain Stable

As of today, November 18th, mortgage rates are largely holding steady, showing a slight uptick but staying remarkably consistent. According to the latest data from Zillow, the average rate for a 30-year fixed mortgage has nudged up to 6.09%, while the

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Single-Family vs. Townhome: Which is the Real Cash Flow Winner for Investors?

If you’re serious about building wealth through rental properties, you’ve probably spent hours staring at listings, running numbers, and trying to decide: Do I go for the big, classic Single-Family Home (SFH), or do I lean into the efficiency of a townhome?

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Mortgage Rates Today, Nov 18: 30-Year Refinance Rate Drops Slightly by 2 Basis Points

The latest data from Zillow reveals that today, November 18, 2025, the national average for a 30-year fixed refinance rate has seen a modest drop of 2 basis points, settling at 6.81%. While this might seem like a small change,

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What Are the VA’s Minimum Property Requirements (MPRs) When Buying a Home?

If you’re buying a home with a VA loan, it’s essential to understand the Minimum Property Requirements (MPRs)—the standards the VA uses to ensure homes are safe, structurally sound, and sanitary. Whether you’re shopping for homes in San Diego, CA

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Can You Break a Lease if You Buy a House?

If you’re a renter and planning to buy your first home, it’s undoubtedly a big step in your life. It also raises an important question: what happens to your lease if the right home comes along before it ends? The

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Connecticut Housing Market: Trends and Forecast 2025-2026

As of late 2025, the Connecticut housing market is showing solid growth, with average home values climbing and homes selling quickly. While some wonder about a potential crash, the current data paints a picture of a stable and appreciating market,

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What To Know About Selling a Haunted House

Selling a property with a paranormal reputation or dark history requires careful navigation of legal requirements, market realities, and buyer psychology. Properties classified as “stigmatized” (those psychologically impacted by events like alleged hauntings, deaths, or criminal activity) present unique challenges

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Embracing innovation to thrive in shifting mortgage market

Why innovation matters now In today’s market conditions, lenders who identify strategic opportunities and innovate their operations now stand to gain a competitive advantage. Historically successful lenders have accomplished this by focusing on customer experience, operational efficiencies and the agility

Michael Gersitz November 19, 2025 External Articles Read more

When Is Earnest Money Due? Sooner Than You Might Expect

Earnest money is typically due 1–3 business days after offer acceptance. Deposit deadlines are binding under “time is of the essence” clauses. Funds should always be paid to a neutral third party (escrow, title, attorney). Missing the deadline can allow

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How long-term structural shifts are reinforcing build-to-rent’s tailwinds

Affordability challenges, evolving demographics, and shifting internal migration are profoundly changing the U.S. housing market, impacting not only renters but investors, too. These winds of change are sharply increasing demand for single-family rental (SFR) build-to-rent (BTR) communities, creating strong opportunities

Michael Gersitz November 19, 2025 External Articles Read more

When Should You Stop Utilities When Selling a House?

You’ve sold your home and are ready to move but when should you actually stop your utilities? It’s best to wait until after your home sale officially closes and the buyers take possession. Turning them off too soon can lead

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The Most Expensive Home Sales of 2025 – So Far

A $133 million Florida compound is the highest-priced sale so far this year  Coastal Florida takes the cake for the most expensive home sale of 2025 so far, with a beachfront compound in Naples going for $133 million. It’s followed

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How to Sell a Condo the Smart Way

Key takeaways Understanding your HOA’s rules and finances is paramount when selling a condo. Preparation, including decluttering and minor repairs, enhances buyer appeal. Effective marketing highlights community amenities and unit features. Navigating the closing process with professional help leads to

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PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced on Tuesday that the company has entered into a “strategic relationship” with Finance of America (FOA) to sell $9.6 billion

Michael Gersitz November 19, 2025 External Articles Read more

Beazer Homes shifts to move-up buyers, bets on energy efficiency

As major builders like D.R. Horton and Tri Pointe Homes trim new home starts to protect margins, Beazer Homes is taking a page out of Lennar’s playbook. Beazer’s Q4 earnings call reveals a builder determined to sustain a robust sales

Michael Gersitz November 19, 2025 External Articles Read more

Red Flags When Buying a Condo: What to Watch Out For

Key takeaways Review the condo association’s finances and documents closely to ensure stability. Inspect the building and individual unit thoroughly for any maintenance issues. Understand the HOA rules and fees to ensure they align with your lifestyle. Buying a condo

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Bridgeport, CT Housing Market: Trends and Forecast 2025-2026

Let’s dive right into the Bridgeport housing market trends. Here’s the scoop for 2025: things are looking pretty steady. The average home value is hovering around $653,635, which is up by about 3.0% compared to last year. And when a

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Q3 | 2025 Luxury Report

This in-depth report offers a detailed look at the latest trends shaping the high-end real estate market, analyzing key metrics like sales prices, volume, days on market, and price per square foot. With insights across major luxury markets, it’s an

Michael Gersitz November 19, 2025 External Articles Read more

Figure unveils industry-first blockchain stock offering

Figure Technology Solutions Inc. filed a registration statement on Monday with the Securities and Exchange Commission (SEC) for a proposed public offering of its Series A Blockchain Common Stock, marking the launch of the first blockchain-native public equity security. Figure‘s

Michael Gersitz November 19, 2025 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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