Georgia enhanced its tax incentives to the film industry in 2008, and Atlanta's housing market is reaping the benefits as it becomes a movie-making hub.

Luxury home sales in the city are up 25% annually and prices continue to rise, according to Christie's. Right now, the starting price for a luxury home is $1.5 million.

The city is also becoming a tech hub, attracting more angel investors and venture capitalists -- which is a boon for housing demand.

Related: Chinese firm abandons bid for gigantic Australian ranch