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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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People movers: Home Point Financial, Kukun, Kairoi Residential

Home Point Financial named Kristin Supancich to the new role of chief people officer where she will be charged with growing and scaling the company.  Supancich brings more than 25 years of experience in the workforce and talent industry to

Michael Gersitz October 9, 2020 External Articles Read more

HousingStack Phase 5: Don’t underestimate the power of your real estate back-office systems

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. The HousingStack is exclusively for HW+ members. To join the HW+ community, go here. Perhaps the least sexy technology to talk about are the

Michael Gersitz October 9, 2020 External Articles Read more

NYC Real Estate Market Overview 2020

We’ll be discussing the current state of the NYC real estate market, and also for the state of New York. August 2020 was marked by the lowest median sale price of the year at $665,000 and sales dropped 19% below

News Bot October 9, 2020 External Articles Read more

For the first time since April, forbearances fall below 3 million

After a slight uptick the previous week, mortgages in active forbearance plummeted 18%, marking the first time since mid-April the total number of plans fell below 3 million, Black Knight said in a report on Friday. As of Oct. 6,

Michael Gersitz October 9, 2020 External Articles Read more

PAVING THE WAY: Century 21 Latina Leaders Empower Tomorrow’s Real Estate Entrepreneurs

The real estate industry is one which uniquely serves communities across the country with one common goal, to help Americans achieve the dream of homeownership. From differences in gender to ethnicity to sexual orientation, the diverse makeup of home buyers

Michael Gersitz October 9, 2020 External Articles Read more

Fannie Mae’s Doug Duncan offers his predictions for 2021

Doug Duncan doesn’t claim to be an oracle, but the Fannie Mae Senior Vice President and Chief Economist on Thursday offered some forecasts for 2021, even amid a pandemic that has thrown markets into disarray. The country is mired in

Michael Gersitz October 9, 2020 External Articles Read more

Servicers: It’s time to improve decision-making using predictive modeling

HousingWire recently spoke with Yvette Gilmore, senior vice president of Servicing Product Strategy at ServiceLink, about the challenges of portfolio management in the current environment and how machine learning can help servicers streamline the asset-decisioning process. HousingWire: What are the

Michael Gersitz October 9, 2020 External Articles Read more

Pre-Winter Yard Care: The 7 Things You Really Need to Do

You’ve likely spent all summer enjoying and caring for your lawn and yard, especially this year with spending more time at home because of the coronavirus pandemic. Now that leaves are changing colors and the temperatures are dropping, you’ll want

News Bot October 9, 2020 External Articles Read more

6.5% More Americans Looked to Relocate to Red and Swing Counties than to Blue Counties in the Spring

In search of affordability and space, people are leaving politically liberal areas for conservative places, a trend that’s more pronounced in swing states. Migration to Arizona could play a part in flipping the swing state blue in this year’s presidential

News Bot October 9, 2020 External Articles Read more

Prices continue to rise as inventory shortage deepens

This Zillow Weekly Market Report includes housing market data as of the week ending Oct. 3 Go to Source Author:

Michael Gersitz October 9, 2020 Zillow Articles Read more

Women More Likely to Face Housing Insecurity in Pandemic-Led Recession

Dubbed the “she-cession,” women face disproportionate housing impacts due to unemployment, housing tenure and child care. Go to Source Author:

Michael Gersitz October 8, 2020 Zillow Articles Read more

The key to avoiding costly errors amid record-breaking origination volume

HousingWire recently spoke with ACES Quality Management CEO Trevor Gauthier about the importance of quality control among record-breaking volumes and how QC technology can help lenders avoid costly errors. HousingWire: How have recent conditions impacted loan quality management? Trevor Gauthier:

Michael Gersitz October 7, 2020 External Articles Read more

Gary Keller steps back from Keller Williams amid major corporate restructuring

Keller Williams co-founder Gary Keller has stepped down as CEO amid a broader corporate restructuring that will see the creation of a new holding company, KWx, and a new CEO. In an email to Keller Williams’ leaders and agents Wednesday

Michael Gersitz October 7, 2020 External Articles Read more

Goldman Sachs says Democratic sweep would boost U.S. economy

On Monday morning, when President Donald Trump was a COVID-19 patient admitted to Walter Reed National Military Medical Center, he tweeted in all-caps that Democratic wins in the Nov. 3 election would “SHUT OUR ECONOMY AND JOBS DOWN.” A few

Michael Gersitz October 7, 2020 External Articles Read more

Is the housing market on a sugar high?

V#&WUA – no, I’m not beeping something out. These days, it seems those symbols are all the economic recovery scenarios that are possible as the U.S. looks to recover from the pandemic that has gripped our nation in 2020. For

Michael Gersitz October 7, 2020 External Articles Read more

Workplace strategist Jeff Butler to deliver keynote address at HousingWire Annual

As mortgage lenders continue to register record volume in 2020, top talent is in peak demand and companies are having to shift the way they view human capital in order to stay competitive. That’s why we’ve invited workplace strategist Jeff

Michael Gersitz October 7, 2020 External Articles Read more

In today’s hot housing market, how are real estate agents staying competitive?

Are you running your real estate practice like a business? Or is being a real estate agent just a side hustle for you – something you do in your spare time? According to the U.S. Small Business Administration, only half

Michael Gersitz October 7, 2020 External Articles Read more

Mortgage applications rise 4.6%

After faltering 4.8% the week prior, mortgage applications almost completely rebounded last week, gaining 4.6%, according to a report from the Mortgage Bankers Association. The refinance index also jumped 8% — hitting its highest level since mid-August. Refinances continued to hover

Michael Gersitz October 7, 2020 External Articles Read more

Zillow and Yelp Name Top Affordable U.S. Suburbs With a City Feel

Suburbs are ranked based on new Cityness Index, which considers affordability and urban amenities Go to Source Author:

Michael Gersitz October 7, 2020 Zillow Articles Read more

Redfin Survey: 22% of Homebuyers and Sellers Say the Presidential Election Is Impacting Their Plans

Historically, home sales have remained relatively flat during presidential election seasons. We expect home sales to continue to grow this fall due to the coronavirus pandemic; we are forecasting more home sales in 2020 than in any year since 2006.

News Bot October 6, 2020 External Articles Read more

400,000 mortgage borrowers are “needlessly delinquent”

There are about 400,000 mortgage borrowers “needlessly delinquent” as a result of the COVID-19 pandemic who did not use available forbearance options, according to a report from the Urban Institute. These are borrowers with mortgages backed by the federal government

Michael Gersitz October 6, 2020 External Articles Read more

Fed warns of “tragic effects” of COVID-19 resurgence

A resurgence of COVID-19 in the winter months, as some health experts have warned might happen, would have “tragic effects” on the health of Americans and the economy, Federal Reserve Chairman Jerome Powell warned in a speech on Tuesday. “Managing

Michael Gersitz October 6, 2020 External Articles Read more

Finalize the closing disclosure earlier in the process using this collaborative platform

The CoreLogic Title & Closing Solution offers an enhanced workflow designed to support lenders and vendors in the title and closing process. The Title & Closing Solution syncs order management, secures vendor communication and document transfer, encourages full compliance, and

Michael Gersitz October 6, 2020 External Articles Read more

ALTA launches Good Deeds Foundation to strengthen communities

The American Land Title Association announced at its ALTA ONE conference Tuesday that it is launching its Good Deeds Foundation to provide grants and sustain efforts to strengthen communities in crisis. The foundation will help the charitable efforts of its

Michael Gersitz October 6, 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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