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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Author: Michael Gersitz

You are here: Homepage > Articles by: Michael Gersitz

From “Miserable” Salesman to House Flipping w/83 Rentals

Michael Gersitz May 20, 2022 Videos Read more

What’s the Story?

Michael Gersitz May 19, 2022 Videos Read more

The housing market is as competitive as ever despite 53% rise in mortgage costs

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Michael Gersitz May 19, 2022 Zillow Articles Read more

The Beginner’s Guide to ADU Investing (Accessory Dwelling Units)

Michael Gersitz May 19, 2022 Videos Read more

Home buyers may find less competition near city centers for the first time in years

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Michael Gersitz May 18, 2022 Zillow Articles Read more

4 Ways to Give Your Kitchen Personality

A creative kitchen can feature your interests and taste — and blend with other rooms. The post 4 Ways to Give Your Kitchen Personality appeared first on HouseLogic. Go to Source Author:

Michael Gersitz May 18, 2022 House Logic Read more

Building a House vs. Buying and When Is It “Too Late” To Invest?

Michael Gersitz May 18, 2022 Videos Read more

BPCon 2022: The Real Estate Investing Event of The Year

Michael Gersitz May 17, 2022 Videos Read more

Down Payment Gift Funds, Crash Indicators, & Partnership Problems

Michael Gersitz May 16, 2022 Videos Read more

Mansion Madness

Michael Gersitz May 15, 2022 Videos Read more

‘Foreclosure Abuse Prevention Act’ awaits New York governor’s signature

Homeowners in New York who are knee-deep in foreclosure litigation may soon get a break, as a piece of legislation making its way to Gov. Kathy Hochul’s desk could discharge a swath of foreclosure cases pending in state and appellate

Michael Gersitz May 13, 2022 External Articles Read more

Opinion: Use data to scale your mortgage servicing business

Mortgage servicing is a scale business, meaning the economics of scale can be achieved with larger servicing portfolio by spreading the fixed costs among more loans being serviced. Such scaling; however, hasn’t achieved the expected results as indicated by both

Michael Gersitz May 13, 2022 External Articles Read more

Blend: We plan to outperform the decline in origination volume

Blend Labs reported a $73.5 million loss in the first quarter, but pointed to the performance of its mortgage banking and title sectors as a positive sign for the rest of the year. The company’s revenue rose to $71.5 million,

Michael Gersitz May 13, 2022 External Articles Read more

Opinion: Is the lending market overcorrecting toward tech? Maybe

Rates are rising. Refinances are falling. Inventory is contracting. Application fallouts are worsening. It’s getting harder out there. Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic

Michael Gersitz May 13, 2022 External Articles Read more

Pros and cons of buying out-of-state rental property in 2022

Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio. Whether cash buyers outbid you

Michael Gersitz May 13, 2022 External Articles Read more

MSR sales played a key role in nonbank profits in Q1

An ebullient market for mortgage-servicing rights (MSRs) helped to buoy the profitability of at least three major nonbank lenders that are publicly traded and abated losses for a fourth, based on their recently announced first-quarter financial results. Those lenders are UWM Holdings Corp., the

Michael Gersitz May 13, 2022 External Articles Read more

Homepoint profits $12M in Q1 after selling operations and assets

Home Point Capital, the parent company of wholesale lender Homepoint, continues to turn profits based on the selling of operations and assets as management adjusts the company to the shrinking mortgage market. The wholesaler reported on Thursday morning it notched a

Michael Gersitz May 13, 2022 External Articles Read more

Almost 45% of homeowners are now equity rich

Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position. A homeowner is considered equity rich when they have

Michael Gersitz May 13, 2022 External Articles Read more

Purchase mortgage rates increase to 5.30%

Purchase mortgage rates this week averaged 5.30%, up three basis points from a week ago, causing homeowners’ monthly payments to increase by about one-third year-over-year, according to the latest Freddie Mac PMMS. Borrowers continue displaying resilience, but higher rates expected in coming months

Michael Gersitz May 13, 2022 External Articles Read more

Julia Gordon confirmed as new FHA commissioner

The U.S. Senate confirmed Julia Gordon on Wednesday evening to serve as commissioner of the Federal Housing Administration (FHA). The position is part of the Department of Housing and Urban Development. Gordon, who most recently stepped down from her role

Michael Gersitz May 13, 2022 External Articles Read more

What Will Cause the Next Housing Market Crash?

Michael Gersitz May 13, 2022 Videos Read more

Make More Money, Do Fewer Deals, and “Profit First”

Michael Gersitz May 13, 2022 Videos Read more

Ben Mallah EXPOSES Meet Kevin

Michael Gersitz May 12, 2022 Videos Read more

The #1 Rental Property Mistake That Could Cost You $100k+

Michael Gersitz May 12, 2022 Videos 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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