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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Norad

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Boston Real Estate Market Trends & Investment Outlook

The Greater Boston housing market is hot right now and both prices and sales are rising. Sales of single-family homes and condominiums rebounded in September across the Greater Boston area, climbing for the first time in at least six months

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Boise Real Estate Market Trends & Investment Outlook

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. The result is that buyers have to pay over the asking price. Home prices in Ada County were up

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Chicago Real Estate Market: Trends & Investment Outlook

The Illinois housing market continued to bounce back in September with a surge in home sales and higher median prices. Both median prices and sales experienced a positive annual change in both Illinois and the Chicago Primary Metropolitan Statistical Area.

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Seattle Real Estate Market: Trends & Investment Outlook

Seattle housing market continues to see low inventory and high competition making things hard for homebuyers. Even before the virus hit the region, it was quite evident that if the inventory crunches further, affordability will become a bigger issue in

News Bot November 8, 2020 External Articles Read more

Denver Real Estate Market: Trends & Forecast (Updated)

The Metro Denver housing market remains consistently hot. October continued to defy the cooling trend of the winter season as new records were broken by both buyers and sellers. Denver and the entire metro area remains a seller’s real estate

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US Housing Market Forecast 2020 – 2021: No Crash Coming!

Here are the updated housing market trends & predictions for 2020 & 2021. As of now, the housing market remains a hot seller’s real estate market, with annual price growth reaching record highs and inventory continuing to fall. But Realtor’s

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San Diego Real Estate Market And Investment Overview

Home prices & sales are rising across the Southern California housing market and San Diego is no exception. The fallout from the pandemic led to a slump in sales in the spring and early summer buying season. But that has

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Phoenix Real Estate Market & Investment Overview

The buyer demand refuses to die down in the Phoenix housing market. Despite the large increase in new listings in September, the available supply of properties is not increasing. It was quite unusual for the number of listings under contract

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Los Angeles Real Estate Market & Investment Overview

  We will discuss the latest Los Angeles housing market prices and trends. Due to coronavirus home sales dropped over the past couple of months but prices remained high and in June, we saw the first rebound in home sales. In

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New York Real Estate Market: Prices & Updated Forecast

We’ll be discussing the current state of the NYC real estate market, and also for the state of New York. As New York continues to fight the pandemic, Governor Cuomo has extended the state’s moratorium on COVID-related residential property evictions

News Bot October 28, 2020 External Articles Read more

California Real Estate Market: Trends & Updated Forecast

The latest California housing market trends and forecast — all point to the fact — that the market will continue its recovery from the economic shock led by the coronavirus pandemic. Sales are expected to continue to improve for the remainder

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How to Calculate Net Operating Income

You can calculate net operating income (NOI) for your real estate investment by using the generally accepted net operating income formula, which is your potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses. Keep

News Bot October 24, 2020 External Articles Read more

Dallas Real Estate Market Overview & Forecast

The Dallas housing market has recovered from the impact of the pandemic. Before this ongoing crisis, Dallas was a balanced real estate market. It was doing pretty well. But in May, residential sales in Dallas County had fallen 35 percent

News Bot October 23, 2020 External Articles Read more

San Francisco Bay Area Real Estate Market Overview

Data by C.A.R. This article has been updated to reflect recent changes in the San Francisco housing market. San Francisco consistently ranks among the most expensive real estate markets in the world, and it is one of the most densely

News Bot October 20, 2020 External Articles Read more

Sacramento Real Estate Market And Investment Overview

This article has been updated to get an overview of the Sacramento housing market. Tight supply and strong demand are boosting home prices in the Sacramento housing market making it strongly skewed to sellers. Due to the short supply of

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Austin Real Estate Market: Trends And Updated Forecast

We will discuss the latest Austin real estate market trends and forecast for 2021.  The Austin housing market has seen a spike in home sales in the last few months. The latest report from the Austin Board of Realtors showcases the market’s

News Bot October 18, 2020 External Articles Read more

California Real Estate Market: Updated Forecast & Trends

The latest California housing market trends and forecast — all point to the fact — that the market will continue its recovery from the economic shock led by the coronavirus pandemic. Sales are expected to continue to improve for the remainder

News Bot October 17, 2020 External Articles Read more

Houston Real Estate Market Overview 2020

We will discuss the latest Houston housing market trends & forecasts and find out how the market recovering in this region from the impact of the pandemic. The Houston area market conditions are showing signs of continued improvement due to growing consumer

News Bot October 16, 2020 External Articles Read more

Las Vegas Real Estate Market Overview 2020

The Las Vegas housing market is booming amid the pandemic which has impacted the whole world. Even during these tough times, the Las Vegas properties are selling at record prices and rental homes continue to be in demand. It is

News Bot October 14, 2020 External Articles Read more

New York City 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 12, 2020 External Articles Read more

Cap Rate Calculation: How To Use Cap Rate In Real Estate?

Capitalization Rate or Cap Rate is a term often thrown around in real estate discussions. Yet many people don’t really understand what it means. After all, it can be confused with cash-on-cash returns and the rate of return. Here’s what

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US Housing Market Forecast 2020 & 2021: Crash is Coming?

Here are the updated housing market trends & predictions for 2020 & 2021. The housing market is not only doing well but it also remains highly supportive of the economic recovery of the country. It remains a hot seller’s real

News Bot October 12, 2020 External Articles Read more

Easy Cap Rate Calculation: How To Use Cap Rate In Real Estate?

The cap rate calculator (short for capitalization rate) is a useful tool as it allows you to quickly get an estimate for how much money the property is expected to make, and how this compares to similar properties in the

News Bot October 10, 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
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Contact Info

  • 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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