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The Reno-Tahoe region has been on the rise in the media and housing is no exception.

While more jobs are being created in Northern Nevada, that means more people are coming to fill those jobs. While the median Reno housing market has been on the rise, what does that mean for the luxury market?

 Image courtesy of Dickson Realty

Only 3-4% of Reno-area home sales involve luxury homes with a price tag of $900,000 and up. That percentage is on the increase and there are predictions that the number of homes sales will double this year over 2017. Changes in the federal tax laws have already pushed up interest in the Reno market. Beginning this year, federal tax reform changes will cap interest rate deductions on mortgage debt up to $750,000 (down from

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