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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Fannie Mae’s new version of DU to focus on credit risks

Fannie Mae on Wednesday announced that its next version of the Desktop Underwriter (DU) software platform will be available for users on Jan. 11. The platform will feature “enhanced” risk assessment by incorporating new data points, including updated market conditions

Michael Gersitz November 21, 2024 External Articles Read more

76% of home sellers say real estate agents are absolutely worth it

Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement,

Michael Gersitz November 21, 2024 External Articles Read more

HSBC commits $25M to NCRC partnership following redlining allegations

HSBC has agreed to direct $25 million over the next four years to support underserved communities in an agreement with the National Community Reinvestment Coalition (NCRC) following allegations of redlining, the parties announced on Wednesday.  In August 2023, the bank

Michael Gersitz November 21, 2024 External Articles Read more

Tampa vs Miami: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

If you’re considering a move to Florida, you might be weighing buying a home on Tampa’s coast against renting an apartment in Miami’s bustling city life. Both cities offer warm weather, beautiful beaches, and diverse cultural experiences, but each has

News Bot November 21, 2024 External Articles Read more

FHA wants added flexibilities for borrowers renting out a bedroom

The Federal Housing Administration (FHA) on Wednesday posted a proposed Mortgagee Letter (ML) that would add flexibility for people receiving rental income from “boarders” who pay for space in an existing dwelling when considering them for an FHA-insured mortgage. Borrowers

Michael Gersitz November 21, 2024 External Articles Read more

Competition for homes easing fastest in Florida, Texas

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Michael Gersitz November 20, 2024 Zillow Articles Read more

Short-lived mortgage rate relief boosted affordability to a 19-month high in September

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Michael Gersitz November 19, 2024 Zillow Articles Read more

Zillow’s real-time affordability tool helps shoppers quickly find homes within their budget

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Michael Gersitz November 19, 2024 Zillow Articles Read more

New technology, old-world style: Zillow reveals 2025’s home trends

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Michael Gersitz November 11, 2024 Zillow Articles Read more

10 Best Real Estate Markets for Investors in 2025

Ever dreamed of building a serious real estate portfolio? Finding the 10 best real estate markets for investors is the first step to making that dream a reality. It’s not just about luck; it’s about smart choices, solid research, and knowing where

News Bot November 2, 2024 External Articles Read more

Is the Housing Market on the Brink of Bubble Burst?

As we approach the end of 2024, the question at the forefront of many minds is, “Is the housing market on the brink?” In simple terms, although economic pressures have led to a complex and sometimes cautious landscape, experts predict that a full-scale market

News Bot November 2, 2024 External Articles Read more

Seattle Housing Market Predictions for Next 5 Years

Thinking about the Seattle housing market predictions for the next 5 years? You’re smart to be planning ahead. This city’s real estate scene is a rollercoaster, and knowing where it might be headed can save you some serious stress –

News Bot November 2, 2024 External Articles Read more

Seattle’s Housing Market: $178K Income Needed for a Starter Home

If you’re considering buying a typical starter home in Seattle, prepare to earn a substantial income—it requires a whopping $178,332 annually. This reflects increased challenges for buyers as the housing market in Seattle becomes more competitive and prices continue to rise.

News Bot November 2, 2024 External Articles Read more

25 Popular Portland Neighborhoods: Where to Live in Portland in 2025

Portland, OR, known for “keeping it weird,” is a vibrant city with eclectic neighborhoods and a thriving arts scene. With picturesque riverfront views, countless green parks, and a renowned farm-to-table food scene and craft beer culture, it’s no wonder why

News Bot November 2, 2024 External Articles Read more

17 Popular New Orleans Neighborhoods: Where to Live in New Orleans in 2025

The Big Easy, New Orleans, LA, is known for its vibrant culture, rich history, and lively music scene. With its unique blend of French, African, and American influences, New Orleans draws residents from all walks of life. Whether it’s the

News Bot November 2, 2024 External Articles Read more

Want to Build Wealth? 5 Top Tips You Need to Know

With four months down into 2024, how are you doing with achieving your wealth goals for the year? If you aren’t where you want to be, keep these tips in mind. Managing finances and striving for financial independence is an

News Bot November 2, 2024 External Articles Read more

22 Popular Los Angeles Neighborhoods: Where to Live in Los Angeles in 2025

With year-round sunny weather, living in Los Angeles is a dream for so many. Lined with palm trees, unique architecture, and scenic views, the city of Angels truly has something for everyone, whether it’s a vibrant and bustling atmosphere or a laid-back

News Bot November 2, 2024 External Articles Read more

19 Popular Denver Neighborhoods: Where to Live in Denver in 2025

The “Mile High City,” Denver, CO, is a haven for outdoor enthusiasts. From its breathtaking mountain views and outdoor recreational activities to top sports teams like the Broncos, Rockies, and Nuggets and a thriving arts scene, it’s no wonder so

News Bot November 2, 2024 External Articles Read more

16 Popular San Antonio Neighborhoods: Where to Live in San Antonio in 2025

Nestled in the heart of Texas, San Antonio has a rich history, vibrant culture, and a unique blend of old-world charm and modernity. This city, known for its iconic River Walk, historic missions, and charming neighborhoods, offers a wide array

News Bot November 2, 2024 External Articles Read more

4 Real Estate Investment Strategies For New Investors

What are the best ways for beginner investors to get started in real estate? There is more than one way to invest in real estate. What you choose may depend on your immediate needs, long-term goals, your aptitudes, and resources.

News Bot November 2, 2024 External Articles Read more

15 Popular Kansas City Neighborhoods: Where to Live in Kansas City in 2025

Kansas City, MO, is a vibrant city known for its diverse neighborhoods and rich cultural scene. From the trendy Crossroads Arts District to the historic charm of Hyde Park, Kansas City offers something for everyone. With its plentiful housing options,

News Bot November 2, 2024 External Articles Read more

What is Turnkey Rental Property Investing?

Are you tired of the small returns that your bank account savings or other investments provide?  Or are you looking at other ways to continuously earn in a stable and growing market?  If this is the case, then you should

News Bot November 2, 2024 External Articles Read more

21 Popular Washington, DC Neighborhoods: Where to Live in Washington, DC in 2025

Located on the Potomac River, Washington DC is famously known for its politics, iconic landmarks, museums, and historic buildings. But beyond the prominent political scene, DC is a bustling city that boasts beautiful and diverse architecture, a buzzing nightlife, a vibrant food

News Bot November 2, 2024 External Articles Read more

CFPB seeks settlement in Townstone Financial redlining dispute

The Consumer Financial Protection Bureau (CFPB) on Friday announced that it is seeking a settlement with Chicago-based Townstone Financial that would resolve a case over what the bureau calls “discriminatory lending practices and redlining African American neighborhoods in Chicago.” The

Michael Gersitz November 2, 2024 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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