Incidents of property crime are falling across the country says FBI

But it still amounted to $15.3B in damages and is more likely to happen to you than violent crime

Sep.September 29, 2018 03:00 PM

(Credit from left: Public Domain, Max Pixel)

Your property is a little bit safer today than it was last year, the Federal Bureau of Investigation said this week.

A countrywide review of property crime, defined as “burglary, larceny-theft, motor vehicle theft, and arson,” found that the number of incidents fell by 3 percent between 2016 and 2017, according to the FBI, as reported by Inman.

However, damages from property crime in the same time-frame amounted to a staggering $15.3 billion. The FBI also noted that homeowners were more likely to experience break-ins than violent crimes.

Over the past decade, the nationwide property crime rate has dropped about 26 percent, according to the FBI.

Globally though, real estate investment fraud is happening with increasing frequency, buoyed by e-commerce, social media and law enforcement’s inability to pursue bad actors across borders, as The Real Deal has reported. [Inman]–Erin Hudson

Related Articles

Elsa Segura (left) was arrested in connection to realtor Monique Baugh's (right) murder (Credit: iStock)

Second suspect charged in real estate agent’s abduction, murder

Clockwise from top left: John Gomes, Ronita Kalra, Eric Beniam and McKenzie Ryan (Credit: Getty Images, iStock, Wikipedia)

“We’re putting ourselves in situations where anything is possible”: Real estate agent’s killing rattles industry

Edgar Moncayo (inset) and his property at 32-42 102nd Street (Credit: Google Maps)

Queens landlord dies after tenant knocks him down stairs: police

Monique Baugh (Credit: Facebook)

Real estate agent abducted during showing and then murdered

Creston Apartments at 2030 Creston Avenue in the Bronx (Credit: Google Maps, iStock)

Construction firm with alleged mob ties worked on Bronx affordable housing project

Former HFZ Capital Group executuve John Simonlaca (Credit: HFZ, iStock)

Meet the HFZ exec accused of taking mob bribes

HFZ managing director John Simonlacaj and The XI development (Credit: LinkedIn and Wikipedia Commons)

HFZ’s High Line condo-hotel project was ATM for the mob, prosecutors say

Cristiano Moura (Credit: Christie’s Real Estate and iStock)

Viral Instagram post leads to assault charge for former Christie’s agent