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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Norad

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Current Fed Interest Rate Set to 4.50% to 4.75% in November 2024

The Federal Reserve, the central banking system of the United States, continues to exert a significant influence on the economy through its monetary policy decisions, particularly in setting the federal funds rate. As of November 7, 2024, the Federal Reserve

News Bot November 21, 2024 External Articles Read more

10 Ways to Insure Deposits Beyond the FDIC Limit of $250,000

The Federal Deposit Insurance Corporation (FDIC) provides a safety net for depositors in the United States, insuring up to $250,000 per depositor, per bank, for each account ownership category. But what happens when your deposits exceed this limit? In a

News Bot November 21, 2024 External Articles Read more

Why Housing Prices Are So High in Today’s Market?

If you are looking for a home in the US, you may have noticed that the prices are skyrocketing. The nationwide median sale price of existing-home (for all housing types ) is now $404,500 (Sept 2024). Meanwhile, the supply of

News Bot November 21, 2024 External Articles Read more

10 Best Real Estate Markets for Investors in 2025

Ever dreamed of building a serious real estate portfolio? Finding the 10 best real estate markets for investors is the first step to making that dream a reality. It’s not just about luck; it’s about smart choices, solid research, and knowing where

News Bot November 2, 2024 External Articles Read more

Is the Housing Market on the Brink of Bubble Burst?

As we approach the end of 2024, the question at the forefront of many minds is, “Is the housing market on the brink?” In simple terms, although economic pressures have led to a complex and sometimes cautious landscape, experts predict that a full-scale market

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Seattle Housing Market Predictions for Next 5 Years

Thinking about the Seattle housing market predictions for the next 5 years? You’re smart to be planning ahead. This city’s real estate scene is a rollercoaster, and knowing where it might be headed can save you some serious stress –

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Seattle’s Housing Market: $178K Income Needed for a Starter Home

If you’re considering buying a typical starter home in Seattle, prepare to earn a substantial income—it requires a whopping $178,332 annually. This reflects increased challenges for buyers as the housing market in Seattle becomes more competitive and prices continue to rise.

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Want to Build Wealth? 5 Top Tips You Need to Know

With four months down into 2024, how are you doing with achieving your wealth goals for the year? If you aren’t where you want to be, keep these tips in mind. Managing finances and striving for financial independence is an

News Bot November 2, 2024 External Articles Read more

4 Real Estate Investment Strategies For New Investors

What are the best ways for beginner investors to get started in real estate? There is more than one way to invest in real estate. What you choose may depend on your immediate needs, long-term goals, your aptitudes, and resources.

News Bot November 2, 2024 External Articles Read more

What is Turnkey Rental Property Investing?

Are you tired of the small returns that your bank account savings or other investments provide?  Or are you looking at other ways to continuously earn in a stable and growing market?  If this is the case, then you should

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Washington State Housing Market: Trends and Forecast 2024-2025

Buying a home in Washington State can feel like navigating a wild rollercoaster, and 2024 is proving to be no exception. The Washington State housing market in the second quarter of 2024 showed a mixed bag: while median home prices rose, sales slowed down

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Virginia Housing Market: Trends and Forecast 2024-2025

The Virginia housing market in 2024 is showing a mixed bag, with relatively flat sales but significantly rising prices. While the number of homes sold hasn’t drastically changed compared to 2023, the median sales price has jumped considerably, indicating a strong seller’s market in

News Bot November 2, 2024 External Articles Read more

10 Fastest Growing Housing Markets of the Previous Year

The housing market is experiencing fluctuations in home values across various metropolitan areas in the United States. According to Zillow, a prominent real estate marketplace, the overall national home values have witnessed a “marked cooldown” in the rate of increase,

News Bot November 2, 2024 External Articles Read more

How a 1% Drop in Mortgage Rates Can Boost Home Buying in 2024

Imagine this: you’re looking to buy your dream home, and the mortgage rates just dropped by 1%. This drop could turn your dream into reality by saving you money every month and making your monthly payments more affordable. The topic

News Bot September 17, 2024 External Articles Read more

Market Reactions: How Investors Should Prepare for Interest Rate Cut

When investors hear talk about potential rate cuts from the Federal Reserve, they should pay attention—just like you would when storm clouds gather. Market reactions to interest rate changes often shape how assets perform and can determine the momentum of an investment

News Bot September 17, 2024 External Articles Read more

What to Expect from the Fed’s First Rate Cut in 4 Years: Predictions

As we stand on the cusp of a significant change in the economic landscape, the question reverberating across financial newsrooms, households, and boardrooms is, What to Expect from the Fed’s First Rate Cut in Four Years? With the Federal Reserve expected

News Bot September 17, 2024 External Articles Read more

Mortgage Rates Drop Ahead of Fed’s Meeting Tomorrow

As of September 17, 2024, mortgage rates are following a downward trend, which has many prospective homebuyers and homeowners considering their options. With the recent announcements from the Federal Reserve and shifting market conditions, now is a prime time to

News Bot September 17, 2024 External Articles Read more

When is the Next Fed Meeting on Interest Rates in 2024?

Many individuals and businesses are keenly anticipating the next Fed meeting on interest rates. Scheduled for September 18, 2024, the next Federal Open Market Committee (FOMC) meeting holds significant importance as policymakers assess the economic landscape and adjust monetary policies

News Bot September 17, 2024 External Articles Read more

Fed Interest Rate Cut Can Save You Hundreds of Dollars Per Month

Imagine waking up one morning and realizing you could save hundreds of dollars each month, all because of a decision made by a group of financial experts! This is not just a dream, but a real possibility as we look ahead to

News Bot September 17, 2024 External Articles Read more

Housing Market Predictions for the Next 4 Years: 2024 to 2028

As we look toward the future, experts predict a significant evolution in the housing market, particularly regarding home prices. The latest insights from Fannie Mae’s Home Price Expectations Survey (HPES) reveal an intriguing landscape for homeowners and investors alike. This survey, which

News Bot September 17, 2024 External Articles Read more

Housing Market in 10 Years: Game-Changing Predictions for 2034

As we stand on the precipice of a new decade, the housing market in 10 years promises to be a landscape shaped by technological innovation, demographic shifts, and evolving economic factors. By 2034, the real estate sector will likely have undergone significant transformations,

News Bot September 17, 2024 External Articles Read more

Seattle Housing Market Forecast 2025: What to Expect

When considering real estate investment, understanding the Seattle housing market forecast 2025 serves as a vital compass in navigating this complex terrain. As we move deeper into 2024, Seattle’s housing market showcases intriguing trends that could profoundly impact buyers, sellers, and investors

News Bot September 17, 2024 External Articles Read more

Housing Market is Predicted to Sustain Historical Average Growth in 2025

Imagine the hustle and bustle of a busy city where people are always on the move, especially when it comes to buying homes. Goldman Sachs predicts home prices to rise more than 4% in 2024 and 2025, a projection that many

News Bot September 17, 2024 External Articles Read more

Real Estate Forecast Next 5 Years California: Bright Future?

California, renowned for its allure and high cost of living, grapples with challenges within its housing market as we move ahead into a quarter of 2024. California’s housing market has been a rollercoaster for decades, and the next five years

News Bot June 23, 2024 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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