Memorial Heights Neighborhood Association

SEX OFFENDERS DEPRESS HOMES

Posted in: Memorial Heights
As per an newspaper article in the local Express-News (July 08, 2006), ''Sex Offenders depress nearby home values''

Nothing depresses property values quite like having a registered sex offender move into the neighborhood.
Homes within one-tenth of a mile of a sex offender fall in value by 4 percent, and a single sex offender dpresses property value by $4,500 to $5,500 per home.

By Mark Alvarado
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