{"id":12873,"date":"2018-01-30T14:03:41","date_gmt":"2018-01-30T14:03:41","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=12873"},"modified":"2018-01-30T14:03:42","modified_gmt":"2018-01-30T14:03:42","slug":"will-super-bowl-boost-housing-host-city","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/will-super-bowl-boost-housing-host-city\/","title":{"rendered":"Will Super Bowl Boost Housing in Host City?"},"content":{"rendered":"<h1>Will Super Bowl Boost Housing in Host City?<\/h1>\n<div id=\"attachment_12874\" style=\"width: 1280px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2018\/01\/30\/will-super-bowl-boost-housing-host-city\/attachment\/01302018\/\" rel=\"attachment wp-att-12874\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-12874\" class=\"size-full wp-image-12874\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2018\/01\/01302018.png\" alt=\"Will Super Bowl Boost Housing in Host City?\" width=\"1280\" height=\"720\" \/><\/a><p id=\"caption-attachment-12874\" class=\"wp-caption-text\">Will Super Bowl Boost Housing in Host City?<\/p><\/div>\n<p>The Super Bowl attracts hundreds of millions of dollars in local tourism and retail business for the city that hosts football\u2019s annual mega-event, but does it have a long-term impact on home sales?<\/p>\n<p>Realtor.com\u00ae researchers discovered that in host cities, there tends to be at least a 50 percent jump in the number of listings near the stadium where the game is held leading up to the Super Bowl. However, the longer-term impact varied and was more pronounced in lower-cost neighborhoods.<\/p>\n<p>This year, the Super Bowl is being held in Minneapolis, where the median home price in the stadium\u2019s ZIP code is $572,000. The area around the new stadium is attracting a large amount of new development. Local real estate agents say sellers are debating whether to list prior to the Super Bowl or wait until after, when activity calms down.<\/p>\n<p>Realtor.com\u00ae examined recent Super Bowl host cities, comparing how many consumers viewed listings on the site in those metros one month prior to the game and in the month it was played. They also accounted for changes in the number of home sales and median list price in the 12 months following the game. Here are some of their findings:<\/p>\n<p><strong>Houston<\/strong><\/p>\n<ul>\n<li>Host: 2017<\/li>\n<li>Median home price in stadium\u2019s ZIP code: $150,000<\/li>\n<li>Percentage change since the Super Bowl: \u201318 percent<\/li>\n<\/ul>\n<p>In January and February 2017, around the time Houston hosted the Super Bowl, the number of listings in the city surged 30 percent. NRG Stadium\u2019s ZIP code saw a 52 percent jump. Four of the five ZIP codes in Houston that saw the biggest spikes in listings were within eight miles of the Super Bowl stadium. However, the total number of home sales for 2017 in Houston dropped, mostly attributed to Hurricane Harvey, which battered Texas last fall. But in the weeks prior to the Super Bowl, the condo market was hot, and buyers were purchasing $100,000 to $200,000 units in cash, says Brooks Ballard, a sales associate with Engel &amp; V\u00f6lkers.<\/p>\n<p><strong>Santa Clara, Calif.<\/strong><\/p>\n<ul>\n<li>Host: 2016<\/li>\n<li>Median home price in stadium\u2019s\u00a0ZIP code: $986,600<\/li>\n<li>Percentage change since the Super Bowl: +3 percent<\/li>\n<\/ul>\n<p>Rental demand was three times higher during the 2016 Super Bowl than the game held the previous year. \u201cPeople not even close to the stadium thought they could get two or three months\u2019 worth of rent for\u00a0a single week,\u201d\u00a0says\u00a0Rick Smith, a broker at Windermere Silicon Valley. But despite strong demand, \u201cit didn\u2019t happen, and many were disappointed.\u201d Santa Clara didn\u2019t see much of a long-term housing boost from the Super Bowl. Realtor.com\u00ae found that page views in the area dropped 16 percent, and sales dropped 4 percent the following year. But researchers did find a 13 percent increase in page views in the ZIP code Santa Clara\u2019s Levi Stadium calls home. Silicon Valley\u2019s already high home prices may have tamped down a housing spike: The median list price in the San Jose metro area, which includes Santa Clara, was $912,000 in February 2016. (It has since jumped to $1.1 million.)<\/p>\n<p><strong>Glendale, Ariz.<\/strong><\/p>\n<ul>\n<li>Host: 2015<\/li>\n<li>Median home price in stadium\u2019s\u00a0ZIP code: $310,000<\/li>\n<li>Percentage change since the Super Bowl: +24 percent<\/li>\n<\/ul>\n<p>This city, located 13 miles from downtown Phoenix, saw a housing boost following Super Bowl XLIX. Listings in the Phoenix metro surged 31 percent in January and February 2015, compared to 22 percent across the country, according to realtor.com\u00ae. The ZIP code where the stadium is located saw listings skyrocket 100 percent in that time. \u201cI had around 10 sellers who wanted to get listed before the Super Bowl because they knew there was going to be an extraordinary amount of extra exposure,\u201d says\u00a0Kristy Ryan, ABR, GRI, a sales associate at RE\/MAX Fine Properties.<\/p>\n<p><strong>East Rutherford, N.J.<\/strong><\/p>\n<ul>\n<li>Host: 2014<\/li>\n<li>Median home price in stadium\u2019s\u00a0ZIP code: $322,700<\/li>\n<li>Percentage change since the Super Bowl: \u20133 percent<\/li>\n<\/ul>\n<p>Just outside New York, the city of East Rutherford did not see many long-term benefits for housing after hosting the Super Bowl. However, the ZIP code where the stadium is located did see listings leap 150 percent around the time of the game. Also, the area around the stadium saw a 17 percent increase in realtor.com\u00ae page views while the rest of the metro area saw a 4 percent drop.<\/p>\n<p><strong>New Orleans<\/strong><\/p>\n<ul>\n<li>Host: 2013<\/li>\n<li>Median home price in stadium\u2019s\u00a0ZIP\u00a0code: $398,500<\/li>\n<li>Percentage change since the Super Bowl: +25 percent<\/li>\n<\/ul>\n<p>The game gave the New Orleans housing market a big jolt, says Joyce Delery, a broker at Engel &amp; V\u00f6lkers. Vacation homes and condos in the Warehouse District, as well as homes in the French Quarter, were the big winners. Listings around the stadium rose 67 percent at the time of the Super Bowl. \u201cThese [fans] are the type of people who could afford second or third homes,\u201d Delery says.\u201dYou have people who make impulse buys.\u201d<\/p>\n<p><em>Source: \u201c<a href=\"https:\/\/www.realtor.com\/news\/trends\/super-bowl-homes\/\" target=\"_blank\" rel=\"noopener\">Hut, Hut, Price Hike! Does Hosting a Super Bowl Have a Super Impact on Home Sales?<\/a>\u201d realtor.com\u00ae (Jan. 29, 2018)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will Super Bowl Boost Housing in Host City? The Super Bowl attracts hundreds of millions of dollars in local tourism and retail business for the city that hosts football\u2019s annual mega-event, but does it have a long-term impact on home sales? Realtor.com\u00ae researchers discovered that in host cities, there tends to be at least a &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/will-super-bowl-boost-housing-host-city\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-12873","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will Super Bowl Boost Housing in Host City? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/will-super-bowl-boost-housing-host-city\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/will-super-bowl-boost-housing-host-city\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/will-super-bowl-boost-housing-host-city\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Will Super Bowl Boost Housing in Host City?\",\"datePublished\":\"2018-01-30T14:03:41+00:00\",\"dateModified\":\"2018-01-30T14:03:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/will-super-bowl-boost-housing-host-city\\\/\"},\"wordCount\":840,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/will-super-bowl-boost-housing-host-city\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/01302018.png\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/will-super-bowl-boost-housing-host-city\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/will-super-bowl-boost-housing-host-city\\\/\",\"name\":\"Will Super Bowl Boost Housing in Host City? 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.","sameAs":["http:\/\/www.anthonydidonato.net"],"url":"http:\/\/www.anthonydidonato.net\/wordpress\/author\/admin\/"}]}},"_links":{"self":[{"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/12873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/comments?post=12873"}],"version-history":[{"count":0,"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/posts\/12873\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/media?parent=12873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/categories?post=12873"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-json\/wp\/v2\/tags?post=12873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}