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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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Shellpoint hiring for over 130 positions across Texas, Arizona and South Carolina

Shellpoint Mortgage Servicing is currently hiring for over 130 positions mixed between remote work and its three southern branches. The company is looking to bring team members into its headquarters in Greenville, South Carolina and its branches in Houston and

Michael Gersitz July 30, 2020 External Articles Read more

Q&A: Why it’s important to make real estate websites accessible to all

This week marks the 30th anniversary of the Americans with Disabilities Act, creating opportunities for the disabled community. According to AP News, disabled workers still face higher unemployment than other adults, even 30 years after the act was passed. By

Michael Gersitz July 30, 2020 External Articles Read more

Fate of the economy depends on virus control, Fed says

The future of the U.S. economy depends on how well the coronavirus pandemic is controlled, the Federal Reserve’s rate-setting committee said on Wednesday. That’s not good news for a nation that leads the world in COVID-19 infections and deaths. “The

Michael Gersitz July 30, 2020 External Articles Read more

HEROES vs HEALS Act and what they would mean for housing

The HEROES Act, a bill introduced and passed by House Speaker Nancy Pelosi (D-CA) in May, could be signed this week, offering homeowners and renters much-needed relief in light of the COVID-19 pandemic. On the other hand is the Health,

Michael Gersitz July 30, 2020 External Articles Read more

Above, Below, or At List Price? How Much to Offer on a House

So, you’ve spent weeks house hunting and you’ve finally found the perfect home for you and your family. But how much should your initial offer be? Should your offer start above, below, or at list price? Figuring out how much

News Bot July 30, 2020 External Articles Read more

20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

More buyers are making concessions to win bidding wars amid a deepening housing shortage, record-low interest rates. In June, 19.9% of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2%

News Bot July 30, 2020 External Articles Read more

Homeownership Hits Highest Level Since 2008 Driven by Younger, First-Time Buyers

Homeownership rates surged to 67.9% in the second quarter, the highest rate since 2008. The 3.8 percentage point increase from 64.1% a year earlier is the largest annual increase in homeownership rates on record. A word of caution about the

News Bot July 30, 2020 External Articles Read more

Art: This time, it’s personal

Commissioning artwork for your new house is a fantastic way to personalize your space and establish the style of your home. With the purchase of a new house comes a whole lot of wall space to fill. Rather than shoehorning

Michael Gersitz July 29, 2020 External Articles Read more

Sacramento Real Estate Market And Investment Overview 2020

Let’s get an overview of the Sacramento real estate market. This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. The Sacramento housing market remains healthy and strongly skewed to sellers.

News Bot July 27, 2020 External Articles Read more

Home Sellers’ Asking Prices up 13% from Last Year as Demand Keeps Soaring

Key takeaways for the 4-week period ending July 12: Final prices for homes that sold during the period (meaning they likely went under contract in May and June) were up 6% year over year; for homes actively listed during the

News Bot July 27, 2020 External Articles Read more

8 Backyard Privacy Ideas to Create the Perfect Outdoor Escape

From soaking in the sun during the summer to cozying up by a fire pit in the fall, outdoor living spaces are oftentimes the favorite part of any home. But, unless you live on a large lot of land, chances

News Bot July 27, 2020 External Articles Read more

More than 27% of Homebuyers Are Searching Out of Town, with Phoenix, Sacramento and Las Vegas the Most Popular Destinations

The coronavirus pandemic is causing homebuyers to rethink what they want in a home, with more people relocating to places where they can afford more outdoor space and room for home offices, according to Redfin agents. A record 27.4% of

News Bot July 27, 2020 External Articles Read more

Bank of America settles alleged disability discrimination violations

A civil complaint and proposed settlement agreement were filed on Friday by the Department of Justice and the U.S. Attorney’s Office for the Eastern District of New York to resolve claims that Bank of America, N.A. participated in discrimination on

Michael Gersitz July 27, 2020 External Articles Read more

Pelosi calls out Trump’s repeal of Obama’s fair housing rule

House Speaker Nancy Pelosi issued a scathing critique of the Trump administration’s decision to overturn an Obama-era fair-housing rule, noting it comes at a time when the nation is having a reckoning on racial issues. “The Trump Administration’s elimination of

Michael Gersitz July 27, 2020 External Articles Read more

Here are HousingWire’s 2020 Women of Influence

The 2020 Women of Influence winners represent 100 of the most influential women in leadership in the housing industry. From tech advancements to mentoring to their engagement in nonprofits, these women are showing true leadership inside and out of the

Michael Gersitz July 27, 2020 External Articles Read more

Sales of new houses jump to a 13-year high

Low mortgage rates and pent up demand from buyers drove sales of new houses to a 13-year high in June, according to a government report. Builders sold 776,000 houses at an annualized and seasonally adjusted pace, a gain of 14%

Michael Gersitz July 27, 2020 External Articles Read more

One year later: where is Google on its affordable housing plans?

On Thursday, Google marked the one-year anniversary of its Bay Area housing commitment with an update on its progress. So far, Google said that its Housing Trust has invested these funds in six projects throughout the Bay Area, and plans

Michael Gersitz July 27, 2020 External Articles Read more

News of $1.1 billion Tesla factory revs up already hot Austin housing market

Electric car giant Tesla unveiled plans this week to build a $1.1 billion factory in Austin. Rumors had swirled for months prior that it might be happening, but this week, the news became official. In building the factory on some

Michael Gersitz July 27, 2020 External Articles Read more

People movers: LBA Ware, Guaranteed Rate Affinity, Transnation Title Agency, Interfirst Mortgage and Total Expert

LBA Ware has named Brian Jordan as its director of product management. Jordan has 13 years of experience in global data aggregation and analytics firms, serving the banking and financial services sectors. Prior to LBA Ware, Jordan was a lead

Michael Gersitz July 27, 2020 External Articles Read more

Could 2020 somehow see year-over-year growth in home sales?

This week, the National Association of Realtors reported the most significant month-to-month increase in existing home sales ever recorded. Logan MohtashamiLead Analyst While this has to be taken in the context of the COVID-19-induced depression, the housing market has been

Michael Gersitz July 27, 2020 External Articles Read more

This is your last chance to become a 2020 Vanguard

Calling all 2020 Vanguards: You’re at the top of your field, leading the housing industry to new heights. Many have already heard of you because you are making your mark through innovation, strong leadership and a drive to make the

Michael Gersitz July 27, 2020 External Articles Read more

Seller’s market: Profits on home sales climb 16% in second quarter for a total ROI of 36%

Home sellers gained on average a $75,971 profit on a typical sale in the second quarter of 2020, according to a U.S home sales report from ATTOM Data Solutions. Up from $65,250 in the first quarter, home sellers experienced a

Michael Gersitz July 27, 2020 External Articles Read more

San Francisco Real Estate Market 2020 Overview

Let’s get an overview of the San Franciso real estate market. This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. San Franciso consistently ranks among the most expensive real

News Bot July 24, 2020 External Articles Read more

Housing Market 2020 Predictions: Home Prices & Forecast

If you’re wondering what the state of the housing market will be like over the next twelve months, especially if you’re a real estate investor, then here is some good news for you. Given the current fundamentals, real estate should

News Bot July 23, 2020 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
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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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