Will Crime on the Katy Trail Affect Home Values? Is It Already?

Published May 22, 2012 by Candy Evans

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?

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com