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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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24 Home Maintenance Tips: Keep Your Home in Tip-Top Condition

Buying a home is one of the biggest decisions and purchases a person may make. Not only does it come with the financial responsibility of paying a mortgage, but also making sure to keep up on your home maintenance. If

News Bot November 21, 2024 External Articles Read more

Is Now a Good Time to Buy a House?

Key takeaways: If you have the means, now may be a good time to buy a house. The median U.S. home sale price hit $435,000 in October, following 16 months of year-over-year gains. Daily average mortgage rates topped 7% and

News Bot November 21, 2024 External Articles Read more

How the “lavish” comp and perks NAR leaders enjoy compares to other housing trade groups

NAR’s volunteer leaders receive financial benefits that no other nonprofit in the housing space comes close to matching, 990 filings reveal. Earlier this week the National Association of Realtors(NAR) made headlines for the extravagant perks and compensation its executives and

Michael Gersitz November 21, 2024 External Articles Read more

What Is a Pocket Listing?

When you decide to sell your home and sign an agreement with an agent, one of the first things your agent will do is list your home on the Multiple Listing Service (MLS). The MLS is the database of homes

News Bot November 21, 2024 External Articles Read more

10 Ways to Insure Deposits Beyond the FDIC Limit of $250,000

The Federal Deposit Insurance Corporation (FDIC) provides a safety net for depositors in the United States, insuring up to $250,000 per depositor, per bank, for each account ownership category. But what happens when your deposits exceed this limit? In a

News Bot November 21, 2024 External Articles Read more

Side seeks more than $4 million from Alexander brothers, Official Partners

White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. According to an amended complaint filed this week, Side alleges that Official Partners and its founders Tal and Oren Alexander committed multiple

Michael Gersitz November 21, 2024 External Articles Read more

10 Major Texas Industries to Consider if You’re Working in or Moving to the Lone Star State

Texas is a land of opportunity with a robust economy built on diverse industries. From energy to healthcare and technology, major industries in Texas power the state’s economy and attract countless new residents. For those considering moving to the Lone

News Bot November 21, 2024 External Articles Read more

Rethinking resident experience: Why consumer tech trends matter now more than ever 

Industries like retail, banking, transportation and food service have undergone massive digital transformation in recent years by leveraging new technologies to enhance consumer experience. As a result, today’s consumers now expect the same seamless digital experiences in all areas of

Michael Gersitz November 21, 2024 External Articles Read more

Why Housing Prices Are So High in Today’s Market?

If you are looking for a home in the US, you may have noticed that the prices are skyrocketing. The nationwide median sale price of existing-home (for all housing types ) is now $404,500 (Sept 2024). Meanwhile, the supply of

News Bot November 21, 2024 External Articles Read more

Credit reports will be at least 20% more expensive in 2025, frustrated mortgage execs say

Executives at mortgage lenders anticipate a minimum 20% increase in credit reporting costs in 2025 compared to 2024. And the soaring costs will hit as lenders try to dig out from multiple years of financial losses and mass layoffs. In

Michael Gersitz November 21, 2024 External Articles Read more

Designing the Perfect Kitchen for Home Cooks

A well-prepared kitchen is the key to unlocking your cooking potential. As an experienced chef or beginner, the way your kitchen is set up can make a world of difference in your cooking process. As Mary Kathryn Reese of Kitchen

News Bot November 21, 2024 External Articles Read more

10.5 million borrowers at or over age 65 still have forward mortgages

While many older homeowners own their properties free and clear of a mortgage payment, this is not a feasible reality for many seniors. In fact, more than 10.5 million Americans at or over the age of 65 still pay into

Michael Gersitz November 21, 2024 External Articles Read more

Rate announces revamp of reverse mortgage division with industry veterans

Chicago-based multichannel mortgage lender Rate, formerly known as Guaranteed Rate, has announced a shakeup in its reverse mortgage division’s leadership by appointing two longtime industry veterans to lead the company’s efforts with older borrowers. Jesse Allen, most recently of OneTrust

Michael Gersitz November 21, 2024 External Articles Read more

10 Major Florida Industries to Consider if You’re Working in or Moving to the Sunshine State

Florida’s economy thrives on its diverse range of industries, attracting residents and businesses alike. Major industries in Florida include healthcare, finance, retail, and telecommunications, each offering stable job opportunities. Whether you’re browsing homes for sale in Miami or apartments in

News Bot November 21, 2024 External Articles Read more

Fannie Mae’s new version of DU to focus on credit risks

Fannie Mae on Wednesday announced that its next version of the Desktop Underwriter (DU) software platform will be available for users on Jan. 11. The platform will feature “enhanced” risk assessment by incorporating new data points, including updated market conditions

Michael Gersitz November 21, 2024 External Articles Read more

HSBC commits $25M to NCRC partnership following redlining allegations

HSBC has agreed to direct $25 million over the next four years to support underserved communities in an agreement with the National Community Reinvestment Coalition (NCRC) following allegations of redlining, the parties announced on Wednesday.  In August 2023, the bank

Michael Gersitz November 21, 2024 External Articles Read more

Tampa vs Miami: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

If you’re considering a move to Florida, you might be weighing buying a home on Tampa’s coast against renting an apartment in Miami’s bustling city life. Both cities offer warm weather, beautiful beaches, and diverse cultural experiences, but each has

News Bot November 21, 2024 External Articles Read more

FHA wants added flexibilities for borrowers renting out a bedroom

The Federal Housing Administration (FHA) on Wednesday posted a proposed Mortgagee Letter (ML) that would add flexibility for people receiving rental income from “boarders” who pay for space in an existing dwelling when considering them for an FHA-insured mortgage. Borrowers

Michael Gersitz November 21, 2024 External Articles Read more

76% of home sellers say real estate agents are absolutely worth it

Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement,

Michael Gersitz November 21, 2024 External Articles Read more

10 Best Real Estate Markets for Investors in 2025

Ever dreamed of building a serious real estate portfolio? Finding the 10 best real estate markets for investors is the first step to making that dream a reality. It’s not just about luck; it’s about smart choices, solid research, and knowing where

News Bot November 2, 2024 External Articles Read more

Is the Housing Market on the Brink of Bubble Burst?

As we approach the end of 2024, the question at the forefront of many minds is, “Is the housing market on the brink?” In simple terms, although economic pressures have led to a complex and sometimes cautious landscape, experts predict that a full-scale market

News Bot November 2, 2024 External Articles Read more

Seattle Housing Market Predictions for Next 5 Years

Thinking about the Seattle housing market predictions for the next 5 years? You’re smart to be planning ahead. This city’s real estate scene is a rollercoaster, and knowing where it might be headed can save you some serious stress –

News Bot November 2, 2024 External Articles Read more

Seattle’s Housing Market: $178K Income Needed for a Starter Home

If you’re considering buying a typical starter home in Seattle, prepare to earn a substantial income—it requires a whopping $178,332 annually. This reflects increased challenges for buyers as the housing market in Seattle becomes more competitive and prices continue to rise.

News Bot November 2, 2024 External Articles Read more

25 Popular Portland Neighborhoods: Where to Live in Portland in 2025

Portland, OR, known for “keeping it weird,” is a vibrant city with eclectic neighborhoods and a thriving arts scene. With picturesque riverfront views, countless green parks, and a renowned farm-to-table food scene and craft beer culture, it’s no wonder why

News Bot November 2, 2024 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
  • Office: (716)302-5222
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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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