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Updated over 6 years ago,

User Stats

43
Posts
20
Votes
Randy Lee
  • Rental Property Investor
  • Atlanta, GA
20
Votes |
43
Posts

Any thoughts on the effect of Super Bowl LIII on ITP market?

Randy Lee
  • Rental Property Investor
  • Atlanta, GA
Posted

Hey Atlanta Investors, I am new to BP but have been investing (rentals and few flips) in Atlanta since 2013. I did some research on previous Super Bowls and their effect on the real estate market of the host cities. It appears that real estate of hosting cities that have a lower price point (around 300k and lower) get a nice boost because of the Super Bowl. In Houston for example, many out of state buyers were paying cash for 100k to 200k condos, because it was apparently more cost effective than paying ridiculous amounts for a week's rental. Since inventory has reduced in southside and westside beltline neighborhoods and with all the developments going on, i feel like prices will continue going up at a faster than normal rate. Has anyone thought about or researched this? What are your thoughts about Atlanta real estate trends going into the Super Bowl and up to the end of 2019?

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