Mark  Wesgate

Mark Wesgate

Sales Representative

Royal LePage Realty Plus Oakville, Brokerage*

Office:
(905) 825-7777
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Blog

Balanced Market Pros and Cons

 

What really are the benefits of a “balanced market?" In real estate terms it’s where the supply of homes for sale matches the demand from potential buyers.

 With the rapid rise in interest rates over the last few months from the Bank of Canada to help stem inflationary measures. Canada has experienced a leveling off of an overheated market already under it’s own pressures in many parts of the country including the GTA.  

The equilibrium of this has resulted in fair and stable conditions for both buyers and sellers locally.

 This week I’d like to take a moment to discuss...

Understanding the Current Real Estate Market in local GTA first quarter 2023

March 2023

Author

Mark Wesgate

 

In the news business, it is often said,

 

"Bad news travels at the speed of light; good news travels like molasses."

Slowdown in February 2018 Market

 

Mar 5, 2018|

Content shared by member

Mark Wesgate

Slowdown in February 2018 Market

Mid-Winter Chill on January 2018 Sales

 

Feb 5, 2018

Content shared By Member

Mark Wesgate

Mid-Winter Chill on January 2018 Sales

The REALTORS® Association of Hamilton-Burlington (RAHB)reported 660 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in January, 27.2 per cent fewer than the same month last year and 12.5 per cent lower than the 10-year average for the month.

No Chill on December 2017 Sales

 

Content Shared by Member Mark Wesgate

No Chill on December 2017 Sales

The REALTORS® Association of Hamilton-Burlington (RAHB)reported 753 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in December, 16.4 per cent fewer than the same month last year but 5.2 per cent higher than the 10-year average.

More Listings for Home Buyers in November 2017

 

Dec 5, 2017|

Content provided by member Mark Wesgate

More Listings for Home Buyers in November 2017

The REALTORS® Association of Hamilton-Burlington (RAHB)reported 1,096 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in November, 16.7 per cent fewer than the same month last year but 3.3 per cent higher than the 10-year average.

How to Avoid 10 Common Buyer Traps BEFORE Buying Your Home

Buyer beware of the many pitfalls associated with your purchase 

1. Not checking your credit report and score

Do it Alone, or Use a REALTOR®

 

 

Story shared by Mark Wesgate

The fact is, most people who try to sell their own home FSBO end up using a REALTOR® in the end anyway. Before anybody decides to fly solo through this complex, time consuming and financially perilous process, they should consider these questions.

Market By Design Hamilton Burlington RealEstate Market

/October 2017 

Find out what style of home is trending in our local Hamilton-Burlington real estate market…

 

Our comprehensive #MarketByDesign report outlines a comparison of year-to-date sales stats from those of the same time period last year, broken down by STYLE OF HOME.

 

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