Is Meghan Markle Affecting the Real Estate Market?
Home prices in Meghan Markle's hometown of View Park-Windsor Hills, California, have gone up by $100,000 since her relationship with Prince Harry began. Here's the breakdown of how it all happened.
July 2016 - $750,000
LONDON, ENGLAND - JANUARY 09: (EMBARGOED FOR PUBLICATION IN UK NEWSPAPERS UNTIL 24 HOURS AFTER CREATE DATE AND TIME) Prince Harry and Meghan Markle visit Reprezent 107.3FM on January 9, 2018 in London, England. The Reprezent training programme was established in Peckham in 2008, in response to the alarming rise in knife crime, to help young people develop and socialise through radio. (Photo by Karwai Tang/WireImage)
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Meghan and Harry met on a blind date in 2016. According to E! News, the two were introduced by Ralph Lauren PR Director and childhood friend of Harry, Violet Von Westenholz. Houses in Markle's home neighborhood were valued at around $750,000 at the time.
May 2017 - $780,000
BELFAST, UNITED KINGDOM - MARCH 23: Prince Harry and Meghan Markle attend an event to mark the second year of youth-led peace-building initiative Amazing the Space at the Eikon Exhibition Centre on March 23, 2018 in Lisburn, Northern Ireland. (Photo by Samir Hussein/Samir Hussein/WireImage)
The duo made their first appearance as a couple in May 2017 and the "Meghan Markle Effect" began according to HomeLight. News that Harry was "besotted" with Markle was leaked to the press, and home values rose significantly.
November 2017 - $830,000
The engagement was announced in November 2017 when the palace revealed the royal lovers would live in Nottingham Cottage at Kensington Palace. Home values at Markle's home neighborhood went through the roof. Average prices jumped by about $50,000 after the Prince popped the question.
January 2018 - $850,000
LONDON, UNITED KINGDOM - NOVEMBER 27: (EMBARGOED FOR PUBLICATION IN UK NEWSPAPERS UNTIL 24 HOURS AFTER CREATE DATE AND TIME) Prince Harry and Meghan Markle attend an official photocall to announce their engagement at The Sunken Gardens, Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Max Mumby/Indigo/Getty Images)
Home prices peaked in January 2018 after the wedding date and location was announced in a special press conference at Buckingham Palace. The world learned the royal ceremony is set to take place at Windsor Castle, and home values rose an additional $20,000 bringing the total jump to a whopping $100,000.
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