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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Learn from Experts: 6 of the Best House Plants and How to Care for Them

One of the simplest ways to add life and color to your home is through plants. However, for those with a busy schedule or who have the preconceived notion that they require an abundance of effort, this Redfin article is

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18 Popular Indianapolis Neighborhoods: Where to Live in Indianapolis in 2023

Located in the heart of Indiana, Indianapolis is a vibrant city known for its rich history, bustling downtown, and diverse neighborhoods. Residents flock to Indianapolis for its community feel, arts and culture scene, sports teams, and more. Whether you’re looking

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17 Popular Colorado Springs Neighborhoods: Where to Live in Colorado Springs in 2023

Located at the base of the Rocky Mountains, Colorado Springs has stunning natural beauty and countless outdoor recreation opportunities. With its vibrant downtown area, picturesque neighborhoods, and cozy community feel, it’s no wonder that so many people live in this

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9 Popular Orlando Neighborhoods: Where to Live in Orlando in 2023

Orlando, FL, is most well-known as “the Theme Park Capital of the World,” as it’s home to the enchanting Walt Disney World and the thrilling Universal Orlando. But Orlando is more than just theme parks – you’ll find charming communities,

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18 Popular Pittsburgh Neighborhoods: Where to Live in Pittsburgh in 2023

Nestled along the confluence of the Allegheny, Monongahela, and Ohio Rivers, Pittsburgh, PA, offers residents a unique blend of history, culture, and natural beauty. The city boasts stunning views, world-class museums, and a thriving sports scene, attracting residents from the

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6 of the Most Expensive Homes for Sale in Florida Right Now Listed by Redfin

Florida’s real estate landscape is known for its luxury properties, embodying the state’s distinctive blend of luxury living, breathtaking natural beauty, and a charm that makes it one of the most coveted places to call home. From the sun-drenched shores

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16 Popular Sacramento Neighborhoods: Where to Live in Sacramento in 2023

As California’s capitol, Sacramento has a rich history, vibrant present, and lively neighborhoods to match the city’s vibe. With views of the American River, historic buildings throughout downtown, and green parks dotted in each enclave, Sacramento’s neighborhoods have something to

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6 of the Most Expensive Homes for Sale in New York State Right Now Listed by Redfin

If you dream of owning a piece of the opulent New York lifestyle, now is the perfect time to indulge your curiosity in the state’s luxury real estate market. New York State boasts some of the most exquisite and extravagant

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Passive Income Tax Rate: How Much Tax Do You Need to Pay

Passive income is a type of income that does not require active involvement or participation from the taxpayer. It can include income from rental properties, royalties, dividends, interest, capital gains, and more. However, passive income is not tax-free. Depending on

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Forbes’ Housing Market Predictions for 2023: What to Expect

As 2023 unfolds, the housing market in the United States is facing a complex interplay of factors, sending ripples through its dynamics. In a detailed analysis by Forbes, the spotlight is placed on the challenges that have surfaced, including skyrocketing

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UK Housing Market Predictions 2023: Will Prices Crash?

The UK housing market is currently in a state of flux. A new report published by The Guardian unveils that the pace of UK house price growth is presently the slowest at this time of the year since the 2008 financial

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Vancouver Housing Market: Home Prices And Forecast 2023

  The Vancouver housing market has always been a topic of interest and debate, known for its stunning scenery and high real estate prices. In this comprehensive update, we’ll delve into the recent trends, figures, and key factors shaping the

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MBA leadership says it’s “playing offense” to “stop the madness”

The market is rocky, margins are tight. And the grind may not end anytime soon, Mortgage Bankers Association President and CEO Bob Broeksmit told attendees in a fiery speech at the trade group’s annual conference this week in Philadelphia. “Normally,

Michael Gersitz October 16, 2023 External Articles Read more

Regulation hasn’t caught up to generative AI

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Bias, discrimination, privacy and security concerns

Michael Gersitz October 16, 2023 External Articles Read more

Homebuyers hit the brakes, causing unseasonal growth in inventory

Available inventory of unsold homes rose by 1.8% this week. It’s quite clear that homebuyers have hit the brakes waiting to see if mortgage rates recede from these multi-decade highs. The leading indicators for sales prices show that 2023 will

Michael Gersitz October 16, 2023 External Articles Read more

Positioning your business for success in all market cycles

HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM, about the work independent mortgage brokers can do right now to prepare for when rates drop and how to go above and beyond for clients. HousingWire: Why should independent

Michael Gersitz October 16, 2023 External Articles Read more

Real estate brokers focus on value amid commission lawsuit unease

Today, the first class action commission lawsuit goes to trial in Kansas City, Missouri. While two of the defendants — Anywhere and RE/MAX — have settled in the case, those settlements have not been finalized. The National Association of Realtors,

Michael Gersitz October 16, 2023 External Articles Read more

FHFA extends certain rep and warrants to pandemic-related forbearance loans

The Federal Housing Finance Agency (FHFA) announced on Monday morning that it will treat, in some aspects, loans in COVID-19 forbearance similar to those in natural disaster forbearance. The change, to be implemented on Oct. 31, means pandemic-related forbearance mortgages will remain

Michael Gersitz October 16, 2023 External Articles Read more

Toronto Housing Market: Prices, Trends, Forecast 2023

The Toronto housing market has been a topic of much discussion and analysis over the past few years. After experiencing a period of rapid price growth and high demand, the market has seen significant changes in response to economic and

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FHFA says GSEs are open to alternatives to loan repurchases

Regarding lenders’ vociferous complaints about increased loan buybacks from Fannie Mae and Freddie Mac, FHFA Director Sandra Thompson said the regulator expects originators to deliver loans consistent with the guidelines. But, she added, the Enterprises must implement a fair, consistent, and predictable process

Michael Gersitz October 16, 2023 External Articles Read more

Hottest Housing Markets in 2023: Hot Real Estate Markets

Source: Zillow Get ready for a hot housing market! We unveil the top 10 hottest housing markets in 2023 according to Zillow and Realtor.com. These hot real estate markets are all experiencing strong job growth and population growth, which is

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White House announces new housing initiatives to boost homeownership

The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has been provided since 2021. New initiatives include allowing homebuyers to leverage income from accessory dwelling units (ADUs),

Michael Gersitz October 16, 2023 External Articles Read more

Stakes are high as first buyer broker commission lawsuit goes to trial today

The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate of today’s cooperation and commission practices. At the crux of the case is the allegation that commission

Michael Gersitz October 16, 2023 External Articles Read more

Philly Fed President Harker: “We are at the point where we can hold rates”

Philadelphia Federal Reserve President Patrick Harker advocated for stopping interest rate hikes, noting that disinflation is under way. “I believe that we are at the point where we can hold rates where they are,” Harker said at the 2023 Mortgage

Michael Gersitz October 16, 2023 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
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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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