The Real Housewives' Effect on Atlanta's Real Estate Market- Reality Check

-- Marni Epstein

With millions of viewers adjusting in for the culture as well as dramatization, the informationcrunchers at nationwide genuine estate brokerage Agent Ace made a decision to explore theconnection of Atlanta buying styles as well as the appeal of those everyday females. The California-based startup, which uses an algorithm as well as one-of-a-kind search standards to match residencecustomers as well as vendors with top executing reps, has actually assessed Atlanta's MLS realestate fads along with the program's scores styles-- to some pretty fascinating outcomes.

The Real Housewives of Atlanta premiered in 2008, however made a significant splash the followingyear with virtually 2 million viewers, ages 18 to 49. Annually because, the price of houses incommunities Cascade Heights as well as Alpharetta, where stars like Kandi Burruss as well as KimZolciak live, rose as well as dropped with the popularity of the program. The chart below programsthe percentage modification year-to-year, in ratings and typical residence rates, respectively. From2010 - 2013 when ratings climbed, house costs did also. The year ratings dropped substantially in2011, so as well did the genuine homemakers' neighborhood real estate costs.

With this year's opened episode of Genuine Homemakers of Atlanta covering out at an all-time high,you could expect to view some bitch slapping in Atlanta's 2015 property market as well.

There are a great deal of very few similarities between the Real Homemakers of Atlanta and also theremainder of us that call this city house. While several of the housewives do not even stay in Atlantaproper, like most of "Atlantans," they do offer rousing amusement and unlimited satisfaction to thecity by slapping each other around, putting on Barbie wigs, staying in gigantic estates and launchingbumpin' songs. The show (which has actually made truth TELEVISION celebrities of NeNe Leakes,Kim Zolciak as well as others) is the third installation of the Real Homemakers series, and its mostprominent. Season seven of the show simply premiered last month to its greatest scores ever-- evenmore compared to 3.8 million viewers. Is the program so beloved, actually, that it influences the

appeal of Atlanta and also its property market?

[Data by Agent Ace.]

The show's rankings showed strong correlations to better Atlanta metro area home prices, also.From 2010 to 2012, the portion adjustment in ratings as well as average home rates were practicallyin lock step with one another. In 2010 ratings increased only slightly from the previous year, merely0.47 percent (which is coincidentally the very same amount of Kim's hair that is really actual).Similarly, Atlanta residence rates remained inactive from the previous year, changing a massiveabsolutely no percent. In 2011 the show's ratings dipped 5.68 percent. That exact same year,ordinary house costs for the Atlanta metro location also dipped a very close 7 percent to $141,640.In 2012, while ratings increased 0.45 percent, house costs viewed 4 percent development.

[Information and also graph by Agent Ace.]