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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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housing wire

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Coldwell Banker Realty acquires Prime Real Estate Group

Coldwell Banker Realty is strengthening its presence in Hudson County, New Jersey. On Tuesday, the firm announced its acquisition of Hoboken-based Prime Real Estate Group. The financial terms of the deal were not disclosed. This acquisition adds one office and

Michael Gersitz September 16, 2025 External Articles Read more

Pacaso unveils 30-year mortgage for vacation home co-ownership

Pacaso on Tuesday announced the launch of the first purpose-built, 30-year mortgage designed for co-ownership of vacation homes in the U.S. The new financing option gives qualified buyers and existing Pacaso owners a standardized way to finance their share of

Michael Gersitz September 16, 2025 External Articles Read more

Real Estate One expands with Michigan acquisition

Michigan-based Clients First Realtors of Canton has joined the Real Estate One Family of Companies. Founded in 1995, Clients First has operated within Michigan for more than 25 years. “Clients First Realtors’ values align closely with our own, especially when

Michael Gersitz September 16, 2025 External Articles Read more

Emilia Bechrakis Serhant joins SERHANT. as licensed agent

Nine years after marrying Ryan Serhant, Emilia Bechrakis Serhant is joining the brokerage that bears her surname. On Tuesday, SERHANT. announced that Bechrakis Serhant was joining the firm’s New York City office as a licensed real estate agent. She will

Michael Gersitz September 16, 2025 External Articles Read more

Mortgage rate declines are raising the likelihood of a refi surge

With the Federal Reserve all but locked into a 25 basis-point cut on Wednesday after the conclusion of its two-day meeting, the question for housing market professionals is how much lower mortgage rates could go after their recent tumble. At

Michael Gersitz September 16, 2025 External Articles Read more

Boomers aren’t selling: 61% plan to stay put indefinitely

A new survey from Clever Real Estate shows that 61% of baby boomer homeowners say they “never” plan to sell their homes, a jump of 7 percentage points from 2024. The main reason? More than half want to age in

Michael Gersitz September 16, 2025 External Articles Read more

New Home Co. acquires Landsea, forming a top 25 homebuilder

New Home Co. has completed a previously announced acquisition of Landsea Homes, the companies announced Wednesday. The deal creates a top-25 national homebuilder based on the number of new homes sold in 2024. Matthew Zaist, who currently serves as president

Michael Gersitz June 25, 2025 External Articles Read more

Aspiring buyers turn to Realtors first in their home searches: survey

A national survey released by NeighborWorks America found that prospective homebuyers overwhelmingly turn to Realtors first when seeking information about the homebuying process — outpacing friends, family and online searches. According to the poll, 41% of respondents who plan to

Michael Gersitz June 25, 2025 External Articles Read more

Dermot Buffini discusses brokerage leadership, real estate market shifts

Dermot Buffini, the CEO of Buffini & Co., joined this week’s episode of the RealTrending podcast for a conversation on the evolving challenges for real estate leaders. Speaking with host Tracey Velt at HousingWire’s The Gathering, Buffini addressed the pressures

Michael Gersitz June 25, 2025 External Articles Read more

Here are the three metros where homeownership is still affordable

The rapid rise in home prices and housing costs over the past five years has strained affordability in every part of the country, but a new study seeks to put a finer point on which metropolitan areas are getting hit

Michael Gersitz June 25, 2025 External Articles Read more

Beeline Title completes milestone crypto real estate deal

Beeline Title Holdings, a subsidiary of Beeline Holdings Inc., has closed what it says is one of the first residential real estate transactions funded through the sale of a cryptocurrency token backed by real property. The company described the deal

Michael Gersitz June 25, 2025 External Articles Read more

Powell: Fed is reviewing Basel III, supplemental leverage ratio rules

During a second straight day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the Basel III rules (also known as the “Basel Endgame”), which would significantly increase bank capital requirements and could

Michael Gersitz June 25, 2025 External Articles Read more

Bill White Jr. returns to Baird & Warner as VP of broker relations

Baird & Warner has named Bill White Jr. as its new vice president of broker relations for mortgage and title services, marking his return to the firm after several years at Compass. In his new role, White will act as

Michael Gersitz June 25, 2025 External Articles Read more

More pets than kids: The increased role of animals in real estate

As American demographics shift, so do the priorities of homebuyers, and pets are playing an increased role in real estate decisions. “Did you know there are more households with pets than children?” Jessica Lautz, deputy chief economist and vice president

Michael Gersitz June 25, 2025 External Articles Read more

Survey shows buyers gaining leverage as real estate market slows

The housing market continued to cool in May, with buyer leverage increasing across many regions of the country, according to a new survey from The Real Brokerage. Real’s May 2025 Agent Survey — which polled more than 260 real estate

Michael Gersitz June 25, 2025 External Articles Read more

US housing construction is dead with current mortgage rates

New home sales missed sales estimates significantly in Wednesday’s report and we have negative revisions to the previous months. The builders’ profit margins are dwindling, which means housing construction, which has been at early COVID-19 recession levels for some time,

Michael Gersitz June 25, 2025 External Articles Read more

The evolution and future of appraisal regulation 

For centuries, property ownership has played a foundational role in human society. In the U.S.,  homeownership has come to symbolize financial stability and economic opportunity. Real estate  is both a tangible asset and a vehicle for wealth creation. Following the

Michael Gersitz April 16, 2025 External Articles Read more

ARM applications reach their highest level since November 2023

Mortgage demand decreased 8.5% for the week ending April 11, according to the Mortgage Bankers Association (MBA)’s weekly applications survey — a stark contrast to the 20% increase seen a week earlier. Last week’s application news was dominated by the

Michael Gersitz April 16, 2025 External Articles Read more

BofA, Citi warn of slower growth ahead as mortgage business softens

Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which

Michael Gersitz April 16, 2025 External Articles Read more

Why most broker owners don’t turn a profit

Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs,

Michael Gersitz April 16, 2025 External Articles Read more

HomeServices of America names Chris Kelly CEO, replacing Blefari

Berkshire Hathaway’s HomeServices of America has a new CEO, promoting Executive Vice President Chris Kelly as former CEO Gino Blefari steps into a new role. Blefari, who has served as president and CEO of the company for more than five

Michael Gersitz April 16, 2025 External Articles Read more

The best real estate apps for agents in 2025

As a real estate agent in 2025, you have two choices: Learn how to run your entire business from the apps on your phone or tablet or find a new career. The days of running back to the office to

Michael Gersitz April 16, 2025 External Articles Read more

Homeowners have a collective $700B in ‘trapped’ equity

More than $700 billion in home equity is effectively “trapped” and inaccessible to homeowners due to a variety of economic circumstances, including employment shocks and shifts in the market that negatively impact their credit scores. This information comes from an

Michael Gersitz April 16, 2025 External Articles Read more

FirstTeam begins national expansion, introduces new agent compensation plan

FirstTeam, an independent real estate brokerage based in Southern California, has begun its national expansion by opening new offices in Idaho and Washington, with plans to establish operations in Arizona, Nevada, and Oregon. Founded in 1976, FirstTeam operates more than

Michael Gersitz April 16, 2025 External Articles Read more
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  • Michael Gersitz
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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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