San Diego Housing Market News and Analysis
Divorcing in a Down Market
User Forum Topic
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.
Are you guys Realtors advising potential buyers of ugly divorce cases to give your buyers more negotiating power?
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