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!Listen to Buying Local on Spotify, Apple Podcasts, Rumble, and YouTube.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 Realty00:48 Opening the brokerage in April/May and ribbon cutting02:19 Recent real estate regulation changes03:29 Training agents and deciding to go independent05:21 Physical location in Queensbury Plaza05:56 Home office rules and client meetings06:18 Current real estate market overview07:33 Seller's market dynamics and interest rates08:26 Multiple offers vs. days on market09:44 Tips for high-demand seller situations10:19 Service areas: Saratoga, Warren, Washington Counties11:15 Residential focus and first-time homebuyers13:59 Buying the business vs. real estate only15:23 Marketing strategies for commercial properties17:37 Old-school in-person shopping experience19:13 First-time buyer trends and budgeting advice20:24 Average entry prices for new buyers23:41 Listing in winter vs. spring competition25:29 New construction vs. resale inventory issues26:59 Interest rate lock-in effect on sellers27:55 High-demand areas like Lake George School District29:40 Future vision for Luxe Key Realty31:45 Contact info and wrapping up