Divorcing in a Down Market

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Submitted by PerryChase on July 26, 2007 - 12:23am

Here's an interesting article on divorcing in a down market.

So we know that 50% of marriages end up in divorce. That's a lot of must sell inventory that will hit the market.

Divorce, job moves, sickness, and other vagaries of life will, over time, put pressure on inventory.

Often times, you can say "the market is down so I'm staying put."

Interesting social phenomenon. Divorce partly causes prices to drop which begets more divorce.

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Are you guys Realtors advising potential buyers of ugly divorce cases to give your buyers more negotiating power?

Submitted by PerryChase on July 26, 2007 - 12:24am.
Submitted by sdrealtor on July 26, 2007 - 10:27am.

50% divorce rate? Is it really that high?

BTW, I always check the closet in the MBR to see whether there are clothes for a husband and wife. If both are on the title it could be a sign of....well.....uh oh...you know..

Submitted by drunkle on July 26, 2007 - 11:33am.

it ties with my opinion that home price valuations that are dependant on dual incomes (median *household* income) are retarded.

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