More Divorces? 8-(
Here’s a sad reality. According to RIS Media, a prominent resource for all matters real estate, the number of divorces is increasing due to home values rising. The thinking goes like this: over the past four or five years, home prices bottomed out, and the resulting lack of equity in a home meant that many couples stayed married simply because of financial constraints. Now that home prices have climbed, some couples who have been staying together for financial reasons have reached a “happier” place. Now their house is worth much more, and they can sell it now for a reasonable profit. That means the net income derived from selling a home gives them the opportunity to finally go their separate ways.
Sad, isn’t it? Higher home prices = more divorces. It’s also sad that so many personal choices come down to plain dollars and cents. Here’s hoping you are happy, no matter what your marital situation is… Let us know if we can help you in any way. #divorce
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