What do you think? I spoke with one Realtor Monday who said, yes, buyers are already worried about buying on the Katy Trail, where there have been a rash of robberies and gunmen threats to “pop you”. Not just buyers, but sellers are worried about how this will affect property values. Talking to a real estate veteran today, he tells me there are some areas in Dallas where the mercury has burst and we have less than a one month supply of inventory. Condos and townhomes not quite as hot, and this robbery stuff is not helping. Maybe give the guys an extra ten for hurting property values?
Will Crime on the Katy Trail Affect Home Values? Is It Already?