Buying Local Podcast · Episode 49 · October 31, 2025 · 33 min
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 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