Howard County home sellers have stopped discounting thei property, as the county real estate market has begun to rebound, says Sherry Gardner, a sales associate at Best Realty in Columbia.
"Sellers are starting to realize that we've hit bottom and things are starting to improve," says Ms. Gardner, noting that sellers in most price ranges believe markdowns are no longer necessary to move their property.
"People are no longer giving their homes away," she says.
The exception to the discounting rule involves upper-end Howard homes, which are still being sold at a discount, she says.
Homes valued at $500,000 or more are still difficult to sell, she notes.
While sales activity has been "steady" in Howard County during the last four weeks, it has yet to return to the fast pace achieved in the late 1980s.