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Scordo: Trendy restaurant openings serve as leading indicators for real estate markets

Lizbeth Scordo · How She Turned a Foreclosure Into a Cash-Flowing Vacation Rental · Sep 29, 2025 · at 9:41

Lizbeth Scordo, real estate investor and former food writer, discusses using culinary expansions into cities like Scottsdale and Palm Springs as market indicators.

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“I've been a food writer for many years, and, you know, I would see, like, kind of new, I'll say the word hip, restaurants kind of coming, a couple of them coming in, which I still use that as sort of a factor, you know, when I see. Yeah, a barometer. I do. Like, I'm in Scottsdale a lot, as you know, and I see catches going in there, Din Tai Fung They opened an Elefante, and I see these like LA, now that's not going on in Palm Springs, but I see those kind of brands in like a Scottsdale, and it makes me think, you know, it, it's a, it's an interesting sign.”

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Scordo: Palm Springs seeks to cut vacation rental caps to 26 annually
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Disclosure
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Disclosure
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