DID TAX REFORM KILL THE LUXURY MARKET IN BELLEVUE? NOT SO FAR!

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Real Estate Agent with Keller Williams Realty - Bellevue 89879

Bellevue Luxury Homes have seen also seen a growth in appreciation with homes in the following price bands showing gains. I wouldn’t say the Luxury Market is super hot, because homes at this price point are a discretionary spend.

The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a negative impact on the luxury housing market.

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by Dan Edwards find me on Google+

The Eastside Real Estate  Team Blog

Dan Edwards provides a superior level of real estate services to home buyers and sellers in the Greater Eastside of the Seattle Area. Visit The Eastside Real Estate Team to search for homes in Redmond, Kirkland, Bellevue, Maple Vally, Newcastle, Issaquah, Sammamish, Snoqualmie and surrounding areas.

 Whether your real estate needs are big or small, know that you can turn to me in confidence to ensure a five star experience!

Dan Edwards, REALTOR, GREEN, CDPE, CNE 425-200-4093

 

 

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