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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Connecticut Housing Market: Trends and Forecast 2025-2026

As of late 2025, the Connecticut housing market is showing solid growth, with average home values climbing and homes selling quickly. While some wonder about a potential crash, the current data paints a picture of a stable and appreciating market,

News Bot November 19, 2025 External Articles Read more

What To Know About Selling a Haunted House

Selling a property with a paranormal reputation or dark history requires careful navigation of legal requirements, market realities, and buyer psychology. Properties classified as “stigmatized” (those psychologically impacted by events like alleged hauntings, deaths, or criminal activity) present unique challenges

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What Are the VA’s Minimum Property Requirements (MPRs) When Buying a Home?

If you’re buying a home with a VA loan, it’s essential to understand the Minimum Property Requirements (MPRs)—the standards the VA uses to ensure homes are safe, structurally sound, and sanitary. Whether you’re shopping for homes in San Diego, CA

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Can You Break a Lease if You Buy a House?

If you’re a renter and planning to buy your first home, it’s undoubtedly a big step in your life. It also raises an important question: what happens to your lease if the right home comes along before it ends? The

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When Should You Stop Utilities When Selling a House?

You’ve sold your home and are ready to move but when should you actually stop your utilities? It’s best to wait until after your home sale officially closes and the buyers take possession. Turning them off too soon can lead

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The Most Expensive Home Sales of 2025 – So Far

A $133 million Florida compound is the highest-priced sale so far this year  Coastal Florida takes the cake for the most expensive home sale of 2025 so far, with a beachfront compound in Naples going for $133 million. It’s followed

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Embracing innovation to thrive in shifting mortgage market

Why innovation matters now In today’s market conditions, lenders who identify strategic opportunities and innovate their operations now stand to gain a competitive advantage. Historically successful lenders have accomplished this by focusing on customer experience, operational efficiencies and the agility

Michael Gersitz November 19, 2025 External Articles Read more

When Is Earnest Money Due? Sooner Than You Might Expect

Earnest money is typically due 1–3 business days after offer acceptance. Deposit deadlines are binding under “time is of the essence” clauses. Funds should always be paid to a neutral third party (escrow, title, attorney). Missing the deadline can allow

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How long-term structural shifts are reinforcing build-to-rent’s tailwinds

Affordability challenges, evolving demographics, and shifting internal migration are profoundly changing the U.S. housing market, impacting not only renters but investors, too. These winds of change are sharply increasing demand for single-family rental (SFR) build-to-rent (BTR) communities, creating strong opportunities

Michael Gersitz November 19, 2025 External Articles Read more

How to Sell a Condo the Smart Way

Key takeaways Understanding your HOA’s rules and finances is paramount when selling a condo. Preparation, including decluttering and minor repairs, enhances buyer appeal. Effective marketing highlights community amenities and unit features. Navigating the closing process with professional help leads to

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PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced on Tuesday that the company has entered into a “strategic relationship” with Finance of America (FOA) to sell $9.6 billion

Michael Gersitz November 19, 2025 External Articles Read more

Beazer Homes shifts to move-up buyers, bets on energy efficiency

As major builders like D.R. Horton and Tri Pointe Homes trim new home starts to protect margins, Beazer Homes is taking a page out of Lennar’s playbook. Beazer’s Q4 earnings call reveals a builder determined to sustain a robust sales

Michael Gersitz November 19, 2025 External Articles Read more

Red Flags When Buying a Condo: What to Watch Out For

Key takeaways Review the condo association’s finances and documents closely to ensure stability. Inspect the building and individual unit thoroughly for any maintenance issues. Understand the HOA rules and fees to ensure they align with your lifestyle. Buying a condo

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Bridgeport, CT Housing Market: Trends and Forecast 2025-2026

Let’s dive right into the Bridgeport housing market trends. Here’s the scoop for 2025: things are looking pretty steady. The average home value is hovering around $653,635, which is up by about 3.0% compared to last year. And when a

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Q3 | 2025 Luxury Report

This in-depth report offers a detailed look at the latest trends shaping the high-end real estate market, analyzing key metrics like sales prices, volume, days on market, and price per square foot. With insights across major luxury markets, it’s an

Michael Gersitz November 19, 2025 External Articles Read more

Figure unveils industry-first blockchain stock offering

Figure Technology Solutions Inc. filed a registration statement on Monday with the Securities and Exchange Commission (SEC) for a proposed public offering of its Series A Blockchain Common Stock, marking the launch of the first blockchain-native public equity security. Figure‘s

Michael Gersitz November 19, 2025 External Articles Read more

Open House or Private Showing: Which Is Better?

Key takeaways Open houses are a powerful tool for generating fast buzz, maximizing visibility, and driving high-volume traffic in a short window of time. Private showings are best reserved for serious, pre-qualified buyers and offer a targeted, personalized experience that

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A rising threat to homeownership: How heirs’ property undermines affordable housing

A 2021 NPR podcast segment painted a picture of the American Dream turned Nightmare: a Louisiana family faced the loss of their five-generation-home that had been owned by the family’s great, great, great grandfather, Jacob Loud, who was formerly enslaved.  

Michael Gersitz November 19, 2025 External Articles Read more

Foreclosure activity up nearly 20% in October

ATTOM released its October 2025 U.S. Foreclosure Market Report, showing 36,766 properties with foreclosure filings — including default notices, scheduled auctions or bank repossessions — a 3% increase from September and more than a 19% increase from a year ago.

Michael Gersitz November 19, 2025 External Articles Read more

Should I Sell My House Now?

Key takeaways: It’s a good time to sell your house if you price correctly and are open to negotiation.  Mortgage rates are rising but in line with recent lows, leaving the door open for priced-out buyers to re-enter the market.

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Bright MLS to integrate ICE’s Paragon Connect platform

ICE Mortgage Technology and Bright MLS, the nation’s largest multiple listing service (MLS), announced that Bright will integrate ICE’s Paragon Connect MLS platform into its technology ecosystem as part of its long-term growth strategy. Paragon Connect is a mobile-first MLS

Michael Gersitz November 19, 2025 External Articles Read more

When land strategy meets AI: homebuilders gain a new edge

Strategic paralysis in a buyer-stuck market If land is the lifeblood of homebuilding, then today’s land strategy is a pressure test of a company’s core strength. But how do you act when the market offers no clear signal? After a

Michael Gersitz November 19, 2025 External Articles Read more

Is NAR’s move to allow non-Realtors MLS access a nothing burger?

Starting in January, local MLSs will have a lot more control over things like disciplinary actions and even who can access the MLS. These changes are the result of an 18-policy update approved by the National Association of Realtors’ (NAR)

Michael Gersitz November 19, 2025 External Articles Read more

Mortgage-rate dip lifts affordability to a three-year high, sparks a fall housing flurry

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Michael Gersitz November 18, 2025 Zillow Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
  • Office: (716)302-5222
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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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