People put their houses on the market for several reasons but a growing reason seems to be divorce as more separating couples decide to sell the home rather than have one continue living in the house. With the increase in divorcing couples putting their homes up for sale, more and more realtors have started to specialize in selling divorced couples' homes.
Many married couples getting divorced struggle over what to do with their house. Property division can get complicated in some cases, especially when the couple's house is the largest asset they shared during their marriage.
Georgia-based singer Usher Raymond has reportedly asked his ex-wife, Tameka Foster, to vacate the Atlanta-area home that was awarded to him under the terms of the couple's divorce decree. Raymond has placed the home up for sale, which means that Foster will have to find a new place to live.
According to a recent report from the National Association of Realtors, homeowners in Atlanta and around the United States purchased more than 500,000 vacation homes in 2011. This was an increase of 7 percent from the number bought in 2010. So with more couples buying second homes, it follows that more couples are finding themselves disagreeing on how to divide their second home in divorce.
Three or so years in to the economic recession, there are very few people who have not been affected by the high unemployment rate, damaged housing market, and falling home prices. Although unemployment has slowly declined in Georgia and many parts of the country, the housing market has struggled to rebound, with interesting effects on marriage and divorce depending on a couple's situation.