Locking in Low Rates with Luxe Key Realty | Buying Local S3E49

In this episode of the Buying Local Podcast, host Mike Nelson chats with Lynn Milone-Baker and Krista LeMay from Luxe Key Realty about launching their new brokerage, navigating real estate changes, and the current market in the Adirondack region. They discuss seller's market trends, low inventory challenges, first-time buyer insights, and a standout commercial listing!

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Connect with Luxe Key Realty at www.luxekeyrealty.com or by calling (518) 791-7494.

00:00 Welcome & introducing Lynn and Krista from Luxe Key Realty
00:48 Opening the brokerage in April/May and ribbon cutting
02:19 Recent real estate regulation changes
03:29 Training agents and deciding to go independent
05:21 Physical location in Queensbury Plaza
05:56 Home office rules and client meetings
06:18 Current real estate market overview
07:33 Seller's market dynamics and interest rates
08:26 Multiple offers vs. days on market
09:44 Tips for high-demand seller situations
10:19 Service areas: Saratoga, Warren, Washington Counties
11:15 Residential focus and first-time homebuyers
13:59 Buying the business vs. real estate only
15:23 Marketing strategies for commercial properties
17:37 Old-school in-person shopping experience
19:13 First-time buyer trends and budgeting advice
20:24 Average entry prices for new buyers
23:41 Listing in winter vs. spring competition
25:29 New construction vs. resale inventory issues
26:59 Interest rate lock-in effect on sellers
27:55 High-demand areas like Lake George School District
29:40 Future vision for Luxe Key Realty
31:45 Contact info and wrapping up