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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Real Estate Tech Demo Day: Keller Williams

Command Command is a smart CRM-plus suite of apps hosted on the Keller Cloud. Command was developed in partnership with real estate agents within KW Labs, the innovation hub of Keller Williams, the world’s largest real estate technology franchise by

Michael Gersitz December 9, 2020 External Articles Read more

Real estate tech roundup: House X, CoHome and BoomTown

Residential real estate online marketplace House X has announced the launch of its smart home marketplace and pilot program called The New American Dream Showcase of New Homes. The program is available in California, Florida, Georgia and Texas with additional

Michael Gersitz December 9, 2020 External Articles Read more

How one lender is putting the focus back on people and relationships

HousingWire recently chatted with Homepoint Chief Experience Officer Ginger Wilcox about the company’s rebrand and hiring surge in the middle of a global pandemic. Wilcox explains how Homepoint is redefining the home buying and homeownership experience moving forward. HousingWire: Ginger,

Michael Gersitz December 9, 2020 External Articles Read more

HW Media acquires REAL Trends to combine two of real estate’s most powerful media outlets

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms.

Michael Gersitz December 9, 2020 External Articles Read more

Atlanta Real Estate Market: Prices | Trends | Forecast 2021

This article has been updated to reflect recent changes in the Atlanta real estate market. Metro Atlanta housing market has experienced a smooth recovery by far. Despite unemployment and uncertainty, the Atlanta housing market is still strong. The record-low interest

News Bot December 9, 2020 External Articles Read more

Mortgage applications drop for second straight week

The Mortgage Bankers Association reported that applications decreased 1.2% during the week ending Dec. 4 in its latest weekly survey — the second straight week of application decreases. The refinance index and the unadjusted purchase index did increase, however, jumping

Michael Gersitz December 9, 2020 External Articles Read more

Knock launches new sale-leaseback solution, Knock Nest

Real estate technology company Knock has announced the launch of Knock Nest, a standalone sale-leaseback solution that allows homeowners to access the cash they’ve built up in their home while continuing to live in it. Via Knock Nest, homeowners can

Michael Gersitz December 9, 2020 External Articles Read more

After 2020’s IPOs, 2021 might be the year of MSR

With record origination volume stretching capacity and a fresh infusion of capital from the public markets en route, a slew of big nonbank lenders are shifting strategies and declining to sell their mortgage servicing rights, which they’d previously relied on

Michael Gersitz December 8, 2020 External Articles Read more

Non-QM lending is poised for growth in 2021

HousingWire recently spoke with Mike Fierman, managing partner and co-CEO of Angel Oak, about the non-QM lending outlook for 2021 and how Angel Oak’s “originate to hold” model benefits originators. HousingWire:  What sets you apart from other non-QM lenders and

Michael Gersitz December 8, 2020 External Articles Read more

Sundae raises $36 million in Series B funding

Residential real estate marketplace Sundae has announced it closed $36 million in Series B funding on Tuesday, led by QED Investors and with additional participation from Founders Fund, Susa Ventures, Navitas Capital, Prudence Holdings and General Global Capital. This round

Michael Gersitz December 8, 2020 External Articles Read more

Fannie Mae reports housing market confidence drop

Following three months of increases, Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, fell 1.7 points in November to 80. Year-over-year, the HPSI is down 11.5

Michael Gersitz December 8, 2020 External Articles Read more

MBA: Forbearance rate holds, but exits are slowing

After two weeks of slight increases, the U.S. forbearance rate, measuring the share of mortgages with suspended payments, remained unchanged from the week prior at 5.54%, according to the Mortgage Bankers Association. The MBA estimates there are still 2.8 million homeowners

Michael Gersitz December 8, 2020 External Articles Read more

Coleman, Menefee selected to OCC executive committee

The Office of the Comptroller of the Currency (OCC) has announced the appointment of two executives to the agency’s Executive Committee. Sydney Menefee has been selected to fill the senior deputy comptroller for Midsize and Community Bank Supervision on a permanent

Michael Gersitz December 8, 2020 External Articles Read more

What’s next for housing in 2021?

As we look ahead to 2021, we remember that this year, the housing market has continued to remain a bright spot in the economy, even as other areas continue to struggle amid stay-at-home orders and economic shutdowns.  COVID-19 threw the

Michael Gersitz December 8, 2020 External Articles Read more

Reducing the racial wealth gap by expanding down payment assistance

The incoming Biden administration has made improving racial equity a pillar of its domestic policy agenda, and appropriately so. There is a compelling argument that ending historic economic and racial inequity should start with housing, specifically down payment assistance. With

Michael Gersitz December 8, 2020 External Articles Read more

U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends

Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic  More than 3.3. million of U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends.

News Bot December 8, 2020 External Articles Read more

Notarize CEO Pat Kinsel: There’s no going back to the days before RON

Like many digital solutions, remote online notarization (RON) became a key technology in 2020 as the housing industry scrambled to keep real estate transactions moving despite limited in-person interactions with customers.   “Almost every business has been forced to redesign every

Michael Gersitz December 8, 2020 External Articles Read more

a360inc acquires California-based notary services

Carrollton, Texas-based a360inc, an employee-owned legal and financial services technology and outsourcing company, acquired Express Notary Services, a national notary and signing services provider based in Irvine, California. Express Notary Services provides national notarization and signing services and is one of

Michael Gersitz December 8, 2020 External Articles Read more

8 Tips for Achieving Maximum Coziness

As winter plods along, you may wish you could just hibernate until spring – and that may be more true than ever this year. But there is, indeed, joy to be found in the quieter months of the year. While

News Bot December 7, 2020 Zillow Articles Read more

3 Keys to Non-Traditional Holiday Decor

The holidays are a time when sprucing up your home hits an all-time high, but it can be difficult to find festive decorations that match your style. While there is nothing wrong with snowmen, Santa figurines and lots of red

News Bot December 7, 2020 Zillow Articles Read more

MBA adds four to its Residential Board of Governors

The Mortgage Bankers Association (MBA) announced the new members of its 2021 Residential Board of Governors and the Chairs of the Residential Committee. The new appointees include New American Funding Co-Founder and President Patty Arvielo, who created the company’s Latino Focus

Michael Gersitz December 4, 2020 External Articles Read more

Increase in COVID cases holding back employment numbers

Economic activity curtailed by the rising COVID-19 cases moderated the decline of U.S unemployment in November as the rate fell just .1% from October to 6.8%, the Labor Department said on Friday. With nearly 400,000 people making up that .1% drop, the

Michael Gersitz December 4, 2020 External Articles Read more

iBuyer purchase volume sank 82% YoY in Q3

iBuyer purchase volumes were significantly lower during the third quarter this year than they were pre-pandemic, according to zavvie‘s inaugural Seller Preference Report. In Q3, iBuyer purchases dropped 82% year over year. Zillow, Redfin, Offerpad and Opendoor all paused respective

Michael Gersitz December 4, 2020 External Articles Read more

CoreLogic projects low mortgage rates and high prices into 2023

CoreLogic released its final three-year housing and mortgage outlook report for the year on Thursday, and if numbers hold up, the data company predicts 2021 will maintain its unprecedented sales and record low mortgage rates as the economy continues to

Michael Gersitz December 4, 2020 External Articles Read more
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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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