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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Norad

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Chandler Housing Market: Prices, Trends, Forecast 2023

The housing market in Chandler, Arizona, has been one of the most dynamic markets in recent years, with strong demand and limited supply driving up prices. However, the latest data indicates a shift in the market dynamics, as prices are

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Vancouver WA Housing Market: Prices, Trends, Forecast 2023

Vancouver, WA is a thriving city located in the state of Washington, just across the river from Portland, Oregon. Known for its beautiful landscapes, outdoor recreational opportunities, and vibrant community, Vancouver has become an attractive place to live for many

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New Housing Construction, Permits, Housing Starts 2023

The housing market continues to face considerable headwinds from rising interest rates and interruptions in the building material supply chain, which boost construction costs. Housing Starts refer to the number of new residential construction projects that have begun during any

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Housing Market Cooling Off in 2023: Top Markets Slowing Down

Is the Housing Market Cooling Off? The housing market has been on an upward trajectory in recent years. However, rising interest rates, slowing sales, and slower home price rises indicate a cooling market. Mortgage rates reached their highest level last

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Michigan Housing Market: Prices, Trends, Forecast 2023

Michigan home prices continue to rise as more buyers compete for the same properties. Currently, the typical value of homes in Michigan is $233,858 (Zillow Home Value Index). Michigan home values have gone up by 3.3% over the last twelve

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When is the Best Time to Sell a House in 2023?

If you’re thinking about selling your house in 2023, you may be wondering when the best time is to put it on the market. Timing can be critical when it comes to selling a house, as it can impact the

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Are We in a Housing Bubble: What to Look for in 2023?

Home prices have been rising rapidly in recent years, with some markets seeing double-digit growth. This has led to concerns that we may be in a housing bubble. A housing bubble is a sustained but temporary condition of over-valued prices

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Worst Places To Live In Florida For Families & Retirees 2023-2024

So you’re considering a move to Florida? Well, before you start packing your bags, it’s essential to know which areas you might want to avoid. Whether you’re planning a family life or looking for a relaxed retirement spot, Florida offers

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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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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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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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Miami Real Estate Market: Prices, Trends, Forecast 2023

South Florida’s housing market is strong. Home prices continue to climb and inventory is still quite limited. It is a seller’s market with many sellers getting top dollar. It is also because more people and businesses in the United States are

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Savannah Housing Market: Prices, Trends, Forecast 2023

The Savannah housing market has been on a steady rise in recent years, with home prices increasing and demand remaining strong. In this blog post, we will explore the current trends in the Savannah housing market and provide insights into

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Sioux Falls Housing Market: Prices, Trends, Forecast 2023

The Sioux Falls housing market has been on a roller coaster ride for the past year, with rising interest rates, limited inventory, and affordability challenges causing fluctuations in buyer and seller behavior. As we move into 2023, let’s take a

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Tacoma Housing Market: Prices, Trends, Forecast 2023

Tacoma, WA, known for its scenic beauty and thriving community, has become a sought-after destination for homebuyers. In this blog post, we will delve into the current state of the housing market in Tacoma, focusing on the median listing home

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Frisco Housing Market: Prices, Trends, Forecast 2023

Frisco, a city in Texas, is one of the most popular places to live in the state. With its booming economy, excellent schools, and thriving real estate market, it’s no surprise that many people are interested in buying or renting

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Tennessee Housing Market: Prices, Trends, Forecast 2023

The Tennessee housing market has experienced fluctuations in home prices and sales volume. While prices have decreased compared to the previous year, certain cities have seen significant growth in sales prices. The availability of homes for sale has increased, but

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Jacksonville Housing Market: Prices, Trends, Forecast 2023

Jacksonville is currently a seller’s real estate market. Jacksonville’s housing market has an ideal environment for investors, especially for turnkey real estate investments. Experts predict a positive trend in the near future and buying a property in Jacksonville appears to

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3 Things Every Real Estate Investor Should Know

Real estate investment isn’t like any other kind of investment. Yes, at the core of all investments, there’s money and risk involved. But the major difference is that in real estate investing, you are responsible for the work required to

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Benefits of Investing in New Construction Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. Resale properties are more often than not purchased directly from the homeowner who has

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What is Cash on Cash Return in Real Estate?

Cash on cash return (CoC) is a measure of the cash flow from a real estate investment, expressed as a percentage of the initial cash investment. It is used to evaluate the profitability of a rental property or other real

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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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