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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Norad

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Top 5 Housing Markets Set to Deliver High Investor ROI in 2026

The real estate investment landscape is poised to shift in 2026. After years of explosive rent growth and double-digit appreciation in hot markets, investors are recalibrating their strategies toward stability, cash flow, and long-term fundamentals. For those seeking passive income

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Do Turnkey Rental Properties Qualify for a 1031 Exchange?

Are you a real estate investor looking for ways to grow your wealth and defer those pesky capital gains taxes? If you’ve been eyeing the convenience of turnkey rental properties, you’re probably wondering if they can fit into your 1031

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Mortgage Rates Drop from 6.76% to 5.78% Over the Past Year

Mortgage rates have seen a significant drop over the past year. We’ve gone from an average of 6.76% to a much more palatable 5.78%, and for the first time in nearly four years, the benchmark 30-year fixed rate has dipped

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Best Turnkey Rental Markets in Texas for Out-of-State Investors (2026)

If you’re an out-of-state investor looking to dive into the Texas real estate market for turnkey rental properties, you’re smart to be considering the Lone Star State. For 2026, Texas stands out as a top-tier destination due to its landlord-friendly

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How to Get a 4.5% Mortgage Rate in 2026?

Alright, let’s cut right to the chase. While snagging a 4.5% mortgage rate on a standard 30-year fixed loan in February 2026 is a long shot, it’s not entirely out of the realm of possibility. However, you’ll likely need to

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Today’s Mortgage Rates, Feb 27: Rates Drop Below 6% Indicating Shifting Homebuying Tides

The most important news for anyone thinking about buying a home or refinancing today, February 27th, is that mortgage rates have officially dipped below the crucial 6% mark, signaling a potential shift in the housing market. Seeing the average 30-year

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30-Year Fixed Mortgage Rate Drops Below 6% for First Time in 3.5 Years

Exciting news for anyone dreaming of homeownership! For the first time in about three and a half years, the average rate for a 30-year fixed-rate mortgage has dipped below the crucial 6% mark, landing at a solid 5.98% as of

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30-Year Fixed Mortgage Rate Drops Steeply by 78 Basis Points

This is huge news for anyone dreaming of homeownership or looking to refinance their mortgage. The 30-year fixed mortgage rate has officially dipped below 6%, settling at a fantastic 5.98%, according to the latest, highly anticipated report from Freddie Mac.

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Mortgage Rates Today, February 27: 30-Year Refinance Rate Rises by 9 Basis Points

On February 27, 2026, the 30-year fixed refinance rate remained steady at 6.52% according to Zillow, yet it has nudged up by 9 basis points compared to last week. This subtle shift underscores a critical point for homeowners considering a

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How to Get a 3% Mortgage Rate in 2026?

Securing a 3% mortgage rate in 2026 might sound impossible in today’s market, but it’s entirely achievable through assumable mortgages. These loans allow buyers to take over the seller’s existing mortgage terms—often locked in years ago when rates were much

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Mortgage Rates Today, Nov 19: 30-Year Refinance Rate Drops by 7 Basis Points

As of November 19, 2025, mortgage refinance rates today have seen a welcome dip. Zillow reports that the national average for a 30-year fixed refinance rate has dropped by 7 basis points, settling at 6.76%. This might sound like a

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Austin vs. Raleigh: Which Tech Hub Has the Stronger Housing Market for Investors?

For years, investors chasing tech money have looked at two Sun Belt superstars: Austin, Texas, and Raleigh, North Carolina. Both cities have rocketed up the rankings for population growth, job creation, and overall “cool factor.” But if you’re putting your

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Why Turnkey Real Estate Still Beats Today’s High Mortgage Rate Climate

The financial news is a chorus of caution. “Mortgage Rates Soar,” “Housing Market Cools,” “Investor Activity Slows.” For many, these headlines are a stop sign, a clear signal to retreat from the real estate market and wait for calmer seas.

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FHA Mortgage Rates Today, Nov. 19, 2025: Key Figures for Aspiring Homeowners

As of November 19, 2025, the benchmark 30-year fixed FHA mortgage rate is hovering in the ballpark of 5.875% to over 6%. This provides promising news for many aspiring homeowners looking to get into their dream homes, especially those who

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Will Mortgage Rates Go Down Below 6% in the Next Two Months?

Based on what I’m seeing and hearing from the experts, combined with the latest economic figures and recent rate trends, it’s highly unlikely that average 30-year fixed mortgage rates will drop below 6% within the next two months. While I

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Today’s Mortgage Rates, November 18: 30-Year FRM Holds at 6.09%, Rates Remain Stable

As of today, November 18th, mortgage rates are largely holding steady, showing a slight uptick but staying remarkably consistent. According to the latest data from Zillow, the average rate for a 30-year fixed mortgage has nudged up to 6.09%, while the

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Single-Family vs. Townhome: Which is the Real Cash Flow Winner for Investors?

If you’re serious about building wealth through rental properties, you’ve probably spent hours staring at listings, running numbers, and trying to decide: Do I go for the big, classic Single-Family Home (SFH), or do I lean into the efficiency of a townhome?

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Mortgage Rates Today, Nov 18: 30-Year Refinance Rate Drops Slightly by 2 Basis Points

The latest data from Zillow reveals that today, November 18, 2025, the national average for a 30-year fixed refinance rate has seen a modest drop of 2 basis points, settling at 6.81%. While this might seem like a small change,

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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,

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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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Today’s Mortgage Rates September 30, 2025: 30-Year FRM Slightly Higher, Refinance Rates Jump

As of September 30, 2025, mortgage rates have slightly increased for 30-year fixed loans but show mixed trends across other loan types. The average 30-year fixed mortgage rate rose by 3 basis points to 6.62%, while the 15-year fixed rate marginally

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Big Jump in Mortgage Rates Today: 30-Year Refinance Rate Rises by 62 Basis Points

If you’re thinking about refinancing your home, you need to know that mortgage rates today have seen a significant shift. According to Zillow, the national 30-year fixed refinance rate has climbed a substantial 62 basis points, moving from an average of 7.03% to

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Mortgage Rates Predictions This Week: September 28 to October 4

This week, from September 28 to October 4, 2025, the mortgage rate outlook suggests a period of relative calm, with the average rate for a 30-year fixed loan likely hovering around the 6.3% to 6.4% mark. While we might see minor ups

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Mortgage Rates Predictions for the Next 6 Months: October 2025 to March 2026

Thinking about buying a home or perhaps refinancing your current one? If so, you’re probably wondering what’s going to happen with mortgage rates over the next six months. My best guess, looking at all the expert chatter and economic signs,

News Bot September 30, 2025 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
  • Office: (716)302-5222
  • Email: michael.gersitz@signature-wny.com
  • Website: michaelgersitz.com
  • Mailing Address: 2468 Niagara Falls Blvd, Suite #5

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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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