To put it simply, homeowners are amped about their home equity. More than 80 percent of 1,000 homeowners polled believe their home's value will continue to rise for the next 3 years. Some even believe that over the next 5 years they will continue to see an increase. With this, many owners are turning to home equity loans in an effort to make their homes more valuable. Fifty-two percent of homeowners reportedly used their home equity loans for home improvements believing that it would further increase their home value.
We do, however, expect to see a drop in home equity loans in the coming months as the government rid the interest deduction. This won't be immediate considering only 4 percent of those homeowners surveyed knew about the removal of home equity interest from their tax deductions. Nonetheless, the broad consensus is that homeowners are feeling happy and optimistic about their home value and view their home equity as an investment for retirement.
With seven consecutive years of five-star status in Orange Coast Magazine, The Kurt Real Estate Group is among the elite. No matter where they’ve gone, they’ve set record sales. Whether you’re a buyer, seller, or investor, Kurt and his team work diligently, honestly, and with the utmost professionalism and are passionate about helping you achieve your real estate goals.
Kurt is ranked among the top two percent of Coldwell Banker agents nationwide. Kurt’s experience investing in and flipping homes and his connections with the Hollywood Film Industry give him an unparalleled edge and keen insight into market trends. The opportunity presented to you in working with Kurt is why The Kurt Real Estate Group is recognized as one of the top real estate teams in Orange County.
Buying a house is a big moment in your life, whether it’s a first ti
"What I love about Kurt is that he is a man of his WORD! The type of customer service he offers is above and beyond anyone else's. Kurt is always a phone call away even after you have purchased your house. Being from the area and working here for years he knows Costa Mesa like the back of his hand. He is honest, knowledgeable, professional, courteous, reliable and a hard worker. I am glad I listened to my friend and gave Kurt a call. I would highly recommend him as your Realtor."