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One of contributor Douglas Heddings’s clients recently walked away from $250,000 deposit in search of a better deal. Mr. Heddings offers advice on “timing the market.” * * * A Historic Home by the Sea Built in 1755, this home in Manchester-by-the-Sea, Mass., once housed a store that sold sewing items, as well as Colonial staples like rum and salt. * * * How to Price Your Home Is an agent’s suggested list price too low? An Orlando homeowner, noting that prices in her area are rising, seeks advice. * * * New-Home Sales Post Monthly Rise New-home sales jumped 11% in June from the previous month, the third increase in a row and supplying fresh evidence housing is beginning to stabilize. * * * A Cosmetic Couple’s Color Story A newly renovated New York apartment is the launch pad for a power cosmetics couple: Estee Lauder’s Thia Breen and Elizabeth Arden’s Laurie Dowley. • Photos: A Colorful Condo * * * Relative Values: Gone Listening Homes near some of the most famous summer music festivals—Highland Park, Ill., Katonah, N.Y., and Uckfield, England, U.K. • See photos of the properties * * * Housing Shows Signs of Life The Journal’s latest quarterly survey of housing-related data shows that the market for residential real estate is healing at varying speeds in different parts of the country. • Chart: Where Housing Is Headed • Discuss: Is it the right time to buy a home? * * * Whither the Eastern Property Market Commercial real-estate investment turnover has plummeted in Central and Eastern Europe, but experts point to pockets of activity in Russia, the Czech Republic and Poland. * * * In Spain, Property Bargains Abound Spain’s oversupply of second homes has forced brokers, developers and lenders to come up with creative ways to unload them. * * * New Digs for Darpa The Defense Department’s research and development arm will occupy a new 13-story building that will be developed by the Shooshan Co. on the site of a former bus garage in Arlington, Va.

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