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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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San Antonio Housing Market: Prices | Trends | Forecasts 2022

Let’s take a look at the latest San Antonio real estate market trends. The pandemic has failed to slow down the San Antonio housing market. San Antonio area’s housing market is hot as demand outpaces supply that prices keep hitting

News Bot January 15, 2022 External Articles Read more

Condo and Apartment Security: 9 Tips to Keep in Mind

Living in a condominium or apartment complex can give residents a great sense of security, and typically for good reason – many community complexes feature a secure access control that carefully manages authorized entry. Typically, you don’t see this level

News Bot January 15, 2022 External Articles Read more

Declutter – It’s a Process!

Cleaning our homes from clutter is not on the top of our list of fun things to do.
News Bot January 14, 2022 External Articles Read more

Fannie plans $15B in CRT deals in 2022

Fannie Mae opened 2022 with its 45th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first

Michael Gersitz January 11, 2022 External Articles Read more

RE/MAX Holdings CEO Adam Contos stepping down

RE/MAX Holdings CEO Adam Contos is stepping down effective March 31, 2022. While the company plans to form a CEO search committee, Board Member Stephen Joyce will be appointed Interim CEO. Contos and Joyce will serve as co-CEOs beginning March

Michael Gersitz January 11, 2022 External Articles Read more

Stewart Title makes second acquisition in under a week

Less than a week after acquiring Nashville-based Homeland Title, Stewart Title is at it again. On Tuesday, the smallest of the “Big Four” title insurers announced that it had acquired a majority interest in Houston-based Great American Title Company (GATCO).

Michael Gersitz January 11, 2022 External Articles Read more

Appraisers slam FHFA appraisal blog post

Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. “I was sickened when I read it,” said St. Petersburg, Florida-based appraiser Francois “Frank” Gregoire. “I was extremely upset

Michael Gersitz January 11, 2022 External Articles Read more

Erie Title Agency merges with Barristers of Ohio

The Hanna Family of Companies, the parent company of Howard Hanna Real Estate Services, announced the merger of Erie Title Agency, Inc and Barristers of Ohio to form Erie Title Barristers Group on Wednesday. The Cleveland-based Erie Title has been

Michael Gersitz January 11, 2022 External Articles Read more

Mortgage delinquency rate reaches prepandemic levels

Mortgage delinquency rates hit pre-pandemic levels in October due to labor market improvements and home equity increases, according to the most recent CoreLogic Loan Performance Report. The expectation is that rates will continue to decline during 2022. In October, 3.8%

Michael Gersitz January 11, 2022 External Articles Read more

FinLedger doubles down on proptech, partners with Tech Nest podcast

Since its launch in August 2020, FinLedger has kept its pulse on the explosive and expansive sector of financial technology for thousands of readers. And now we’re ready for the next stage of FinLedger’s growth. As part of HW Media’s

Michael Gersitz January 11, 2022 External Articles Read more

Nominations for HousingWire’s Finance Leaders award are now open!

For the second year, HousingWire is honoring senior executives in housing who are enabling, supporting and navigating growth and innovation within their organizations. Unlike other HousingWire awards, Finance Leaders focuses specifically on corporate finance, secondary marketing, capital markets or strategic

Michael Gersitz January 11, 2022 External Articles Read more

PennyMac launches new tech platform in broker channel rebrand

PennyMac Financial Services announced today that it’s launching a new technology platform for its broker channel, and it has rebranded its broker division from PennyMac Broker Direct to Pennymac TPO. The California-based wholesale lender claimed the new tech offering, called

Michael Gersitz January 11, 2022 External Articles Read more

How to avoid home closing delays in 2022

HousingWire recently spoke with Tom Kriby, Vice President of Client Development and Partnerships at Westwood Insurance Agency, about how insurance issues can hold up a home closing and how lenders can integrate insurance into their process to help their homebuyers

Michael Gersitz January 11, 2022 External Articles Read more

Denver Real Estate Market: Prices | Trends | Forecasts 2022

Will Denver’s housing market remain scorching hot in 2022? As the Denver Metro Housing Market continues to evolve, this blog will keep you up-to-date. Denver metro area remains a seller’s market with December 2021 yet another record-breaking month. Interest rates

News Bot January 11, 2022 External Articles Read more

Raleigh Housing Market: Prices | Trends | Forecasts 2022

If you are looking to invest in Raleigh real estate, you must read till the end. Raleigh, North Carolina is a southeastern city often overshadowed by the larger Charlotte market. Raleigh is the capital of North Carolina. It is the

News Bot January 11, 2022 External Articles Read more

10 Affordable Nashville Suburbs to Live In

Suitably nicknamed “Music City,” Nashville, TN is known as the capital of country music, home to the Country Music Hall of Fame and Museum, and famous concert venues like the Ryman Auditorium. With all that this Southern city has to

News Bot January 11, 2022 External Articles Read more

Home Renovations That Do Not Add Value (and What to Do Instead)

If you have been thinking about selling your home, you may be wondering which home improvements you should tackle to increase your home’s value before it goes on the market. While there are many home renovations that can add appeal

News Bot January 11, 2022 External Articles Read more

9 Affordable Miami Suburbs to Live In

Beautiful beaches, warm temperatures, and rich culture are only a few of many reasons why Miami, Florida is a great place to live. Sometimes called “the Magic City,” it’s no surprise that almost 443K people live in Miami. For those

News Bot January 11, 2022 External Articles Read more

How to Calculate the Square Footage of a House

A house that sounds roomy and spacious online may actually have 800 of its total square feet contained in a four-foot-tall dirt-floor basement. What’s up with that? In cities like Washington DC, homebuyers are often confused about the square footage

News Bot January 11, 2022 External Articles Read more

10 Day Trips From Houston You Need to Take

Houston, TX, the “Space City,” is the largest city in Texas and is known for its vibrant culture, fantastic sports teams, and being a prominent hub of space exploration. From watching a Houston Astros game at Minute Maid Park to

News Bot January 11, 2022 External Articles Read more

Mortgage applications slide 2.7% in last week of 2021

Mortgage applications decreased 2.7% from two weeks earlier, according to the Mortgage Bankers Association survey for the week ending Dec. 31, 2021. The results include adjustments to account for the holidays. The holiday adjusted Refinance Index decreased 2% from two

Michael Gersitz January 6, 2022 External Articles Read more

20 state attorneys general take aim at mortgage servicers

Some Federal Housing Administration-approved mortgage servicers have routinely flouted the agency’s loan modification program, according to Washington, D.C. Attorney General Karl Racine and 20 other state attorneys general. The attorneys general wrote in a Dec. 21 letter that a number

Michael Gersitz January 6, 2022 External Articles Read more

FHFA hikes fees for high-balance and second-home loans

The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by loan-to-value ratio.

Michael Gersitz January 6, 2022 External Articles Read more

RMF acquires AAG reverse mortgage servicing portfolio

Reverse Mortgage Funding, LLC (RMF) has acquired a portfolio of mortgage servicing rights (MSRs) and other assets from industry-leading lender American Advisors Group (AAG), which consists of more than 75,000 loans totaling $12.1 billion in unpaid principal balance (UPB). This

Michael Gersitz January 6, 2022 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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