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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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June jobs report is great news for the housing market

Hiring in the U.S. picked up steam in June, as employers added 850,000 jobs amid declining COVID-19 cases and a reopening economy, the Bureau of Labor Statistics reported on Friday. After a lackluster April and May, June’s employment gains totaled 100,000 more

Michael Gersitz July 4, 2021 External Articles Read more

How can servicers best help borrowers as they exit forbearance?

With the forbearance moratorium expiring at the end of July and the CFPB’s new foreclosure rule taking effect in August, servicers have a lot to consider when working with borrowers on forbearance exits and loss mitigation strategies. HousingWire recently spoke

Michael Gersitz July 4, 2021 External Articles Read more

Real estate brokerages: Tech won’t ruin us

“The thing we need in real estate is more buzzwords about tech,” deadpanned Craig McClelland, vice-president and chief operating officer of BHGRE Metro Brokers in Atlanta. So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference

Michael Gersitz July 4, 2021 External Articles Read more

What renovations will add value to my home?

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these

Michael Gersitz July 4, 2021 External Articles Read more

Presenting HousingWire’s 2021 Marketing Leaders

If there’s one common characteristic that HousingWire saw the brightest marketing leaders and minds in the housing industry wield last year, it was being agile. When the world shifted to work from home, marketers stepped in with new messaging and

Michael Gersitz July 4, 2021 External Articles Read more

Northerners are snapping up houses in Savannah

The beauty and lore of Savannah, Georgia is familiar to most Americans — even if they don’t know it. Savannah, with its lush trees and at-home hospitality, was the principle filming location for the 1994 Academy Award-winning movie “Forrest Gump.”

Michael Gersitz July 4, 2021 External Articles Read more

7 Dog-Centric Home Renovations You Won’t Regret When It’s Time to Sell

Whether you’re buying your first home or upgrading your current one, your dog deserves a home where it feels comfortable, loved, and cared for. And, if you have some extra space and want to do something special for your four-legged

News Bot July 4, 2021 External Articles Read more

Black Americans still face massive housing barriers

Black Americans continue to face greater financial and generational barriers to homeownership than white Americans, with a recent study finding that only 45.1% of Black Americans bought or own their home as of the first quarter of 2021 — against

Michael Gersitz July 4, 2021 External Articles Read more

How to Protect Your Home While on Summer Vacation: 14 Home Security Tips

Amongst all the excitement for an upcoming vacation, it’s easy to forget to double-check that your home is secure and protected. In fact, according to the Department of Justice, there are 14 percent more burglaries in the summer than in

News Bot July 4, 2021 External Articles Read more

Mortgage rates dip back down to 2.98%

The average 30-year fixed-rate mortgage fell four basis points from the week prior to 2.98%, according to data released Thursday by Freddie Mac‘s PMMS. Within the past almost three months, mortgage rates have only peaked above 3% one time. “Economic growth remains steady

Michael Gersitz July 4, 2021 External Articles Read more

FHFA won’t give servicers break on CFPB rule

The Federal Housing Finance Agency (FHFA) is requiring Fannie Mae and Freddie Mac servicers to follow the Consumer Financial Protection Bureau’s (CFPB) new foreclosure rule a full month before it goes into effect. The move clarifies how servicers should approach

Michael Gersitz June 29, 2021 External Articles Read more

Are higher-risk homes cheaper?

The threat of natural hazard risk in United States is on the rise. According to the National Centers for Environmental Information, there were 22 weather and climate disasters in 2020 which cost over $1 billion. This is nearly 150% more

Michael Gersitz June 29, 2021 External Articles Read more

Housing inventory is about to get better — here’s why

With the July 4th weekend nearly upon us, it’s time to reflect all that we have been through in the past year and how, as a country, we have overcome so many daunting obstacles, including what we have been through

Michael Gersitz June 29, 2021 External Articles Read more

CFPB’s roadmap for the forbearance exit

The Consumer Financial Protection Bureau (CFPB) today released extensive mortgage servicing regulations it hopes will prevent “unwelcome surprises” for borrowers exiting forbearance. Across more than 200 pages, the CFPB laid out the rules for mortgage servicers to follow in the

Michael Gersitz June 29, 2021 External Articles Read more

Case-Shiller: April home price increase ‘truly extraordinary’

Home prices in April saw an annual gain of 14.6% in April — up from a 13.3% increase in March, per the latest S&P CoreLogic Case-Shiller National Home Price Index. Craig Lazzara, managing director and global head of index investment

Michael Gersitz June 29, 2021 External Articles Read more

House price increases still growing: FHFA

The Federal Housing Finance Agency (FHFA) found that house prices across the nation rose 16% from April 2020 to April 2021. From March to April, house prices across the nation rose 1.8%, surpassing the previous month’s 1.6% increase. Three regions

Michael Gersitz June 29, 2021 External Articles Read more

Inclusivity and Representation Matter

In October of 2020, David Walsh and Juan Sanchez set out to launch CENTURY 21 Bear Facts Realty in Denver, Colorado. They met over 20 years ago, while both in real estate. David and Juan are both passionate about the

Michael Gersitz June 29, 2021 External Articles Read more

Ginnie Mae unveils 40-year mortgage term for issuers

Ginnie Mae is set to introduce a new 40-year mortgage term for its issuers on the heels of administrative shake ups at the top of the housing industry. Only modified loans with terms greater than 361 months and less than

Michael Gersitz June 29, 2021 External Articles Read more

How to Protect Your Home From Flooding: 9 Tips to Follow

When the time comes to buy a home, you’ll likely look at every aspect of your new neighborhood, the home itself, and any climate hazards that might be common in the area. If you’re house hunting in a location where

News Bot June 29, 2021 External Articles Read more

Servicers’ forbearance share falls to 3.91% of portfolios

Servicers’ forbearance portfolio volume fell two basis points last week to 3.91%, according to a survey from the Mortgage Bankers Association. The MBA estimates two million homeowners are still in some form of a forbearance plan. Broken down by investor type, the share of

Michael Gersitz June 29, 2021 External Articles Read more

Christian Siriano Brings High Fashion Home with New Furniture Line

Christian Siriano, star of Project Runway and a mainstay in the fashion world, is known for crafting textural and whimsical red carpet gowns for countless celebrities. Now, he’s translated his aesthetic into a modernist line of furniture for the home. 

Michael Gersitz June 29, 2021 External Articles Read more

The appraisal industry’s hidden hand

After attending the eponymous university of pioneering televangelist Oral Roberts, David DeZarn decided that his life’s calling was to be a pastor. DeZarn became an ordained minister – “I married them and I buried them,” he said – and immersed

Michael Gersitz June 29, 2021 External Articles Read more

Nashville Real Estate Market Trends & Investment Outlook 2021

Nashville’s housing market remains one of the hottest markets in the US. Despite the pandemic-led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. Across the nation, we have seen people moving from big

News Bot June 29, 2021 External Articles Read more

10 Backyard Additions to Create the Ultimate Home Oasis This Summer

Summer has officially arrived. That means warmer weather, backyard BBQs, time for gardening, and longer days spent relaxing outside. That’s why now is also the perfect time to remodel your backyard into a place you’ll never want to leave. There

News Bot June 29, 2021 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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