The CEO of CoesterVMS talks about what to look out for when buying a home.
GAITHERSBURG, Md. - Local home experts are talking to first-time homebuyers about why it might be a good time to buy a home here in our area.
Appraisal management service, CoesterVMS, talks about the market in Montgomery County.
The CEO of the company, Brian Coester, says after studying the local market for 10 years, data shows the average time for a house on the market is now 20 days, in comparison to previous years, when houses were listed for an average of two months.
As the median price in the county is going up, Coester talks about what new buyers should look for. Coester stated, “A very affordable price. Should move relatively quickly. Should be pre-approved, and it’s kind of their time to buy, if interested.”
Data shows the median price for homes in Montgomery County is a little over 400 thousand dollars.