Buying Local - Episode 38: Real Estate Roundtable

In this episode, our host Mike Nelson interviews a trifecta of real estate experts - Agent Paul Smith, real estate specialist attorney Dan Wade, and owner of Freedom One Funding, Mark Pawlows! The 2023 market is awash with confusing and hectic developments, and nobody knows better than these three! Want to know their secrets to navigating through this storm? You'll have to listen to this episode and find out!

A SARATOGA BUSINESS REPORT & GLENS FALLS TODAY PRODUCTION
NOTE: The opinions reflected in this podcast are not indicative of the views of Saratoga Business Report, SaratogaBride.com LLC, Saratoga TODAY, Glens Falls TODAY, or Five Towers Media.

00:21 - Introductions
02:56 - The State of Real Estate: Dan’s View
05:34 - Mark’s View
08:14 - Paul’s View
10:15 - It’s an Inventory Issue - Still!
13:20 - Interest Rates: Buyers vs. Sellers
14:58 - No Praise for the Appraisals
17:05 - Jack Up the Price! Appraisal Gap Contingencies
19:12 - Stand Out! Above the Crowd
22:27 - What’s Your Offer?
25:24 - The Escalation Clause
27:41 - Flipping’s Out, Renting’s In!.. But Choose Your Tenants Wisely!
30:10 - Incentive Programs?.. What a Mess!
33:42 - Finally Foreclosures
36:07 - Homes as Investments: The Curse of AirBnB
40:15 - Saratoga Prices… Terrifying!
41:41 - Advice for First-Time Buyers
44:23 - Closing Remarks: How to Get in Touch