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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Norad

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Will the Phoenix Housing Market Crash in 2022?

The Phoenix housing market has been on fire, driven by strong economic growth, pandemic-fueled demand, and a surge in investment activity that far surpasses the levels during the last housing boom. Once considered to be ground zero of the housing

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Is the Housing Market Going to Crash in 2022?

Housing Market Trends 2022 The housing market is predicted to slow down further in the last quarter of 2022. For sellers, this could be terrible news, but for buyers, it’s great. Yet, there is still the problem of sky-high mortgage

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Phoenix Housing Market: Prices, Trends, Forecast 2022 & 2023

Is Phoenix Housing Market Cooling? Phoenix has been one of the hottest real estate markets in the U.S. The Greater Phoenix housing market was extremely strong last year. It is a metropolitan area, centered in the city of Phoenix, which

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San Francisco Housing Market: Prices, Trends, Forecast 2022-2023

San Francisco County Housing Market Trends Tech hubs like San Francisco and San Jose have drawn substantial homebuyer demand over the last two years but San Francisco’s infamously hot real estate market saw an outward migration due to the pandemic.

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What is Passive Real Estate Investing?

What is Passive Real Estate Investing? Passive real estate investing is a way to invest in real estate to augment income considerably well without having to necessarily stress out one’s self. You are not actively involved in generating profits or

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Idaho Housing Market Forecast 2022 & 2023

Idaho Housing Market Trends According to Redfin, in September, Idaho home prices were up 2.5% year on year. The number of homes sold plummeted by 30.9% while the number of properties for sale increased by 9.7%. While the demand is

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Will The Housing Market Crash: Real Estate Crash Again?

When Will the Housing Market Crash? As more signs show that the housing market is already slowing down in 2022, many people are wondering: Will the housing market crash or collapse in the near future? More and more housing analysts

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Housing Market Predictions | Real Estate Market Forecast

Housing Market Predictions The housing market saw an incredible year last year, with record-low interest rates, the strongest yearly growth in single-family values and rentals, a generational low in foreclosure rates, and the highest number of home sales in 15

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Is it a Good Time to Buy a House or Should I Wait Until 2023-2024

Should I Buy a House Now or Wait? Check out the latest housing trends for the previous month if you’re unsure whether it is a good time to buy a house or if should you wait until 2023. It’s becoming

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Boise Real Estate Market: Prices And Forecast 2022 & 2023

Is the Boise Housing Market Cooling Off? Boise had a hot housing market during the pandemic-fueled boom. The housing market conditions we experienced for the last two years were unique. Historically low inventory, coupled with rampant demand, resulted in above-average

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Will Home Prices Drop in 2023: Housing Market Predictions 2023

Housing Market Predictions 2023 Will house prices go down in 2023? Depending on who you ask, the forecast for 2023 is mixed. Most experts in the housing industry predict less buyer demand, lower prices, and higher borrowing rates. Rate increases,

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Southern California Housing Market Forecast 2022 & 2023

Home prices & sales are moderating across the Southern California housing market. In Southern California, the median home price is not rising by double-digits anymore. That trend is over. After a two-year housing boom, the housing market in Southern California

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5 Passive Real Estate Investing Tips to Help You Make Money

What is Passive Real Estate Investing? Passive real estate investing is a way to invest in real estate to augment income considerably well without having to necessarily stress out one’s self. You are not actively involved in generating profits or

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NYC Housing Market: Prices, Trends & Forecast 2022-2023

Here are the latest trends in the NYC real estate market as well as the statewide market. A prolonged scarcity of properties on the market across the Empire State, along with high prices and growing mortgage rates, continues to impede

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Will The Housing Market Crash: Real Estate Crash Coming?

When Will the Housing Market Crash? As more signs show that the housing market is already slowing down in 2022, many people are wondering: Will the housing market crash or collapse in the near future? More and more housing analysts

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Housing Market Trends 2022: Prices Are Beginning to Drop

Housing Market Trends 2022 The housing market is predicted to slow down further in the last quarter of 2022. For sellers, this could be terrible news, but for buyers, it’s great. Yet, there is still the problem of sky-high mortgage

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Economic Forecast 2022-2023: Forecast for Next 5 Years

Economists are increasingly confident that the economy will grind to a standstill and begin declining shortly. The Financial Times and the Initiative on Global Markets, a University of Chicago economic policy and market research center, surveyed 49 U.S. macroeconomics specialists

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Interest Rate Predictions 2023: Will Rates Increase in 2023?

Interest Rates Are Predicted to Increase in 2023  As long as core inflation remains significantly above the Federal Reserve’s target, the Fed Funds rate is predicted to continue to rise in 2023. The Fed’s primary instrument for controlling inflation is

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Projected Interest Rates in 5 Years: How Much Will Rates Rise?

Projected Interest Rates in 5 Years Unless you have a crystal ball that can predict the future, it’s impossible to know how much interest rates will rise in the coming five years. Pent-up demand, especially for travel, means inadequate supply

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Housing Market Predictions 2022: Will Real Estate Crash?

Housing Market Predictions 2022 As more signs show that the housing market is already slowing down in 2022, many people are wondering: Will the housing market crash or collapse in the near future? More and more housing analysts are anticipating

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Massachusetts Housing Market: Prices, Trends, Forecast 2022-2023

The Massachusetts housing market is cooling. The trend of rising prices and declining sales have persisted for several months. According to a new report, the Massachusetts real estate market is exhibiting symptoms of cooling after two years of record-setting activity.

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Boston Real Estate Market: Prices, Trends, Forecast 2022-2023

The Greater Boston housing market is hot with rising prices in 2022. Boston’s housing market is experiencing a severe imbalance between supply and demand, which is causing home prices to rise steadily. The median selling price of single-family homes has

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Real Estate Trends 2022: Housing Market Trends

Real Estate Trends 2022 Mortgage rates are rising. Home sales are declining. Supply is improving. Here are the latest housing market trends as seen in June 2022. To begin with, the prices are not going to decline in 2022. The

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Housing Market Crash: What Happens to Homeowners if it Crashes?

How Does a Market Crash Affect Homeowners? If home values fall quickly, purchasers may find themselves with underwater mortgages, which means they must either stay in the house until the market recovers or sell and lose money. Homeowners owe 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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