Law Practice
Sep. 19, 2007
Real Estate Slump a Homewrecker for Divorcees
Now that the real estate frenzy has died down — with houses languishing on the market and prices dropping in some neighborhoods — it’s putting the squeeze on divorcing couples and their lawyers. Attorneys practicing in the hardest-hit areas say the real estate crunch is making them rethink their approach to every case that involves homeownership. No longer do family lawyers routinely advise their clients to try to keep the house at all costs.
Daily Journal Staff Writer
When home values were increasing at double-digit rates and there was plenty of money to go around, splitting couples found that divorce, while not pleasant, was an option they could afford.
But now that the real estate frenzy has died down - with houses languishing on the market and prices dropping in some neighborhoods - it's putting the s...
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