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How will the Housing Market affect divorce rates?

April 27, 2010 //  by James//  Leave a Comment

Several years ago, the bursting housing bubble had a profound effect on the psychology of couples that were thinking about divorce.  Divorce is a stressful enough decision, and when you pile on the effect of a house that you can’t sell, then you have a volatile situation.  Luckily (if you can really say that about divorce), the housing market is starting to show signs of improvement.  How this will play out in the divorce arena remains to be seen, but my guess is that couples that are attempting to negotiate a divorce settlement will have an easier time now that the value of their house is starting to rebound.

Since the marital home is often the biggest asset that needs to be divided, having equity in the house will most certainly grease the wheels of settlement.

Category: Divorce - General, Equitable DistributionTag: Asset Division, divorce, housing market, Marital Property, Separation Agreement

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The Hart Law Firm, P.A. was originally founded in 2005 as a divorce and family law firm in Orlando, Florida. We moved to North Carolina in 2010, and now work with families to help them navigate the process of separation and divorce.

The Hart Law Firm is conveniently located in Cary, NC. We provide services throughout North Carolina’s Triangle area including Raleigh, Apex, Holly Springs, Garner, Morrisville, Durham, Research Triangle Park, Chapel Hill, Carrboro, Wake Forest, Wake County, Durham County, Orange County and other nearby cities and towns.

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