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Fred Heller
  • Real Estate Agent/Property Management
  • Houston, TX
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Starbucks a predictor of home apprciation?

Fred Heller
  • Real Estate Agent/Property Management
  • Houston, TX
Posted

Here's an interesting article from The Atlantic suggesting that the presence of a Starbucks in a neighborhood is a good predictor of future home appreciation.

Personally, I think it's a "chicken and egg" situation in that Starbucks tends to open in areas that are already upscale/trendy or areas that are clearly on their way to being so. 

The part I did find surprising was the correlation between a Dunkin' Donuts store and home appreciation in the neighborhood. I did not see that coming.

Anyway, I thought it was an interesting read and wanted to pass it along.

http://qz.com/334269/what-starbucks-has-done-to-am...

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