Super Bounce for New Orleans Real Estate Post-Super Bowl?

Parade for New Orleans' Saints after Superbowl victory
Parade for New Orleans' Saints after Superbowl victory

The celebrations on Bourbon Street may have quieted down, but the Saints' epic Super Bowl victory may give residents something to cheer about for years to come. The New Orleans real estate market may be the real beneficiary of the Saints victory. One recent study suggests that annual per capita income in New Orleans could rise by up to $100 now that the Crescent City finally has a winning franchise.

Will this windfall spark an immediate New Orleans property boom? Not likely. But it does seem reasonable to speculate that the short-term psychological boost of a Super Bowl victory could act as an economic tipping point, promoting a virtuous circle that drives real estate prices up over the long term.