If you are currently renting a home or condo in Okotoks, there is no time like the present to turn your rent payment into a mortgage payment and purchase a home.
Okotoks rental vacancy rates have plummeted over the past year with the vacancy rate close to zero percent. This is coupled with local affordable housing groups saying rent in the town has spiked between $200 and $400 for a single family home in 2012.
CTV News Report - Rental rates hit rock bottom in Okotoks
CBC News Report - Okotoks rental vacancy rates plummet
There are plenty of instances where renting makes more sense for your personal circumstances than home ownership.... But if owning a home in Okotoks is something you've considered and you need some more information and guidance about the Okotoks housing market conditions, house prices in Okotoks, costs associated with owning a home and other - our Okotoks Real Estate Team can help.
USE THIS TOOL from CanadaMortgage.com to compare figures for renting a home to purchasing a home.
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