Starbucks (SBUX) Percolates Home Prices, Too
Get Alerts SBUX Hot Sheet
Join SI Premium – FREE
Starbucks (Nasdaq: SBUX) generally will put a spring in your step with its coffee and espresso offerings, but now the company could benefit you in more ways than one.
According to Zillow's Home Value Index, U.S. homes within one-quarter mile of a Starbucks saw values rise by 96 percent from 1997 through 2014. That compares with an average gain of 65 percent for all U.S. home prices over the same period.
Notably, the following metro areas have seen the biggest gain in home prices related to Starbucks growth:
- Boston, MA
- Philadelphia, PA
- Washington, DC
- Chicago, IL
- Baltimore, MD
- Portland, OR
- Miami-Fort Lauderdale, FL
- Atlanta, GA
- Seattle, WA
- Riverside, CA
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Recent stock pullback offers another attractive entry in this stock: analyst
- This stock is UBS’s top pick in key tech growth themes
- BofA lifts price target on this major chipmaker as order book fills into 2027
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share