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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

Starting a Real Estate Portfolio at 16 with Just $5,000!

Michael Gersitz April 1, 2023 Videos Read more

Ex-Wyndham Capital Mortgage exec launches Cornerstone Home Loans 

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage, spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. At Wyndham, Kirby led the expansion

Michael Gersitz March 30, 2023 External Articles Read more

What will housing credit look like in next recession?

With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons

Michael Gersitz March 30, 2023 External Articles Read more

Homebridge to lay off employees following deal with CMG

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc.  A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor

Michael Gersitz March 30, 2023 External Articles Read more

ICBA, affiliates urge CFPB to improve construction loan disclosures

The Independent Community Bankers of America (ICBA) and 42 affiliated state banking associations are calling on the Consumer Financial Protection Bureau (CFPB) to approve language that allows community banks to test out different consumer construction and construction-to-permanent loan disclosures, which

Michael Gersitz March 30, 2023 External Articles Read more

Low inventory a challenge to housing market as rates decline 

Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels.  Freddie Mac’s Primary Mortgage Market Survey showed

Michael Gersitz March 30, 2023 External Articles Read more

Record keeping needs improvement: FHFA watchdog

The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). However, staff turnover and pervasive record keeping issues have caused a loss

Michael Gersitz March 30, 2023 External Articles Read more

Don’t forget to reserve your room for HousingWire Annual

HousingWire Annual kicks off on October 10, 2023. It will be here before you know it! As the conference quickly approaches, so does the deadline to lock in the exclusive room rate for Hyatt Lost Pines in Austin, Texas. Take

Michael Gersitz March 30, 2023 External Articles Read more

Opinion: Don’t cut back on professional support services

The old saying that “the devil’s in the details” can be applied to many different circumstances. And it’s undeniable that the title and settlement services industry is, at its very core, about close attention to the little things. After all,

Michael Gersitz March 30, 2023 External Articles Read more

Home-equity niche will benefit from a private-label lift

The demand for home-equity loans, particularly home-equity lines of credit (HELOCs) as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. Securitization channels for those home-equity products,

Michael Gersitz March 30, 2023 External Articles Read more

28 Rental Units Before 28 Years Old by Putting Family First

Michael Gersitz March 30, 2023 Videos Read more

Hope Through Housing uses MLK Grant to fund after school programs

Hope through Housing is a non-profit organization whose mission is to end generational poverty through affordable housing, educational programs and advocacy. In 2022, they were the recipients of an MLK grant which will be used to fund their youth development

Michael Gersitz March 30, 2023 External Articles Read more

2023 Rent Prices Enter Dangerous Territory

Michael Gersitz March 30, 2023 Videos Read more

Don’t Get SUED #shorts #realestate

Michael Gersitz March 29, 2023 Videos Read more

The EASIEST Way to Invest in Real Estate in 2023

Michael Gersitz March 29, 2023 Videos Read more

Escaping the Rat Race in 2023 & Do You NEED a Rental Property LLC?

Michael Gersitz March 27, 2023 Videos Read more

Mortgages Could Be in Danger As Banks Continue to Crash

Michael Gersitz March 27, 2023 Videos Read more

$74K in Debt to Financial Freedom in 3 Years w/Multifamily Rentals

Michael Gersitz March 26, 2023 Videos Read more

Guessing the Prices of LUXURY Beach Houses | The Price (of the Property) is Wrong

Michael Gersitz March 25, 2023 Videos Read more

Gender gap widens: Growth trend reverses for young single women homeowners

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Michael Gersitz March 24, 2023 Zillow Articles Read more

How to Make $200K With ONE Rental Property (BRRRR 2.0)

Michael Gersitz March 24, 2023 Videos Read more

From Jail cell to $2 Million Hotel

Michael Gersitz March 23, 2023 Videos Read more

Why industry watchers expect mortgage rates to fluctuate in coming weeks

The Federal Reserve‘s decision to raise the federal funds rate by 25 basis points on Wednesday signaled that officials are still focused on bringing down inflation to 2% while monitoring how much recent bank failures slow lending in the economy

Michael Gersitz March 22, 2023 External Articles Read more

VA makes major change to America’s most underutilized mortgage program

The U.S. Department of Veterans Affairs (VA) announced on Wednesday that it will lower the VA Native American Direct Loan (NADL) program interest rate from 6% to 2.5% in an effort to make housing loans more affordable for Native American

Michael Gersitz March 22, 2023 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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