1. An Increase in Home Sales One of the most immediate effects of divorce on real estate is an increase in home sales. When couples separate, they often need to sell the marital home. This leads to more properties being listed, creating an uptick in sales. In markets where divorce rates are high, t

1. Understand Why the Sale is Happening In many divorces, selling the home is part of the property division process. The home may need to be sold for various reasons: Equity Division: The proceeds from the sale are often divided between the spouses to ensure fair distribution of marital assets. Af

Can You Stay Together for the House? While it's not the most common route, co-owning a home after divorce can work under the right circumstances. Some couples choose to remain in the same property for a variety of reasons: Financial Stability: In some cases, neither spouse can afford to buy out t

What Is Home Equity? Home equity is the difference between the current market value of your home and the remaining balance on your mortgage. In simpler terms, it’s the amount of ownership you have in your property. For example, if your home is worth $400,000 and you still owe $200,000 on your mortg