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