• Home Value,  Selling a Home

    3 Tricks for Finding the Perfect Asking Price

    Determining the perfect asking price involves psychological reasons as much as practical reasons, The Wall Street Journal reports. “When you set a list price, you’re sending a signal to the market,” says Michael Seiler, professor of real estate and finance at The College of William & Mary in Williamsburg, Va. But pricing a home can be a “delicate balance,” says Mike McCann, a real estate professional with Berkshire Hathaway HomeServices, Fox & Roach in Philadelphia. You have to balance the comparables with sellers’ unrealistic expectations about what their home is really worth. Sellers often want to price a home higher than what the market can bare. On the other hand,…

  • Real Estate News

    Study: Friendly Neighborhoods Reduce Risk of Heart Attack

    Knowing your neighbors may be good for your heart — and not just emotionally — according to a new study by psychologists at the University of Michigan. The more social connections you have in your neighborhood, the less likely you are to die from a heart attack, according to the study, which was published in the Journal of Epidemiology and Community Health. The study is based on assessments of social connectedness for more than 5,000 adults in urban, suburban, and rural areas over a four-year period. By the end of the four years, 148 of the more than 5,000 adults had heart attacks. “Each unit of increase in neighborhood social cohesion was…

  • Credit,  Renting

    Study: Rental Payment History Can Help Boosts Credit Scores

    The addition of rental payment data to credit files may help more potential renters become home owners. Experian became the first credit reporting agency to add on-time rental payments to its database. It recently conducted an analysis to determine how the added rental information has aided consumers’ credit files.   From Renters to Home Owners: What Do Millennial Renters Want? Mining the Margins Getting to ‘Yes’ The study found that subprime and nonprime residents saw the greatest positive score impact by the addition of rental histories. Nineteen percent of the study participants that were considered subprime moved to at least one higher – or less risky – risk segment by the addition,…

  • Home Decor

    Keep them home, happy and studying: Creating a kid-friendly space

    (BPT) – Would a great study space ease your child’s transition from summer to school? Perhaps an awesome lounge area could convince your teens – and all their friends – that your house is the best hangout spot ever. Whatever your objectives, a few design and decorating tricks can help you create a kid-friendly space in your home. The basics of good design that make grown-up spaces appealing also work for children’s spaces. When designing a kid-friendly room, however, it’s important to keep in mind not only the purpose of the room (study, fun, sleep, etc.) but the age of the occupant, his or her interests as well as incorporating…