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Memphis Real Estate Is Rollin' On The River - 3/21/2005 - Real Estate House Home Condo

Memphis Real Estate Is Rollin' On The River
by Blanche Evans

As one of the most mythic riverfront American cities, Memphis, Tennessee, has had its ups and downs, including a prolonged buyer's market, but the city is revitalizing itself and offering a lot of attractions to homebuyers, say Realtors.

"Considering a move to Memphis? What a place to live!," says Realtor Danny Freeman. "From its fine history as a riverfront city on the Mississippi river, to its professional sports teams, Memphis has much to offer anyone considering a move here. Rich in history, Memphis has a wide array of museums, horticulture societies, year-round festivals, plenty of entertainment, and food galore. Home of the NBAs Grizzlies and the triple A farm club Memphis Redbirds, there are plenty of sports, as well as world famous Beale St, and the Peabody Hotel. You will never be lacking in things to do and explore in Memphis.

"Being a riverfront city, Memphis has grown from the West," he continues, "with fine homes being built on the downtown side, such as Harbor Town, to Midtown, rich in southern charm and history, to out east, with its more suburban feel, and still further out east, for homes with acreage and the country setting you might be looking for. If you're considering buying in Memphis, having a knowledgeable professional is very important. Memphis is always changing, and knowing the growth patterns is very important when you're considering making an investment in a home here. Our construction cost are very reasonable compared to most parts of the country."

Observes Realtor Joe Spake, "In-city properties continue a strong trend as buyer desire increases for homes near the Central City and Downtown. Values continue to appreciate overall, and inventories in all price ranges are fairly low, with fierce competition for high-quality properties. Sellers have an advantage in this market, but there are still values to be had by buyers who stay on top of the market."

"Rolling on the river!," exclaim Realtors Ken and Vicky Presley. "If professional sports, Broadway productions, festivals, museums, zoos, parks, educational opportunities, spiritual growth, culture, history, and just great living are what you love, then Memphis is the place to live."

"Gosh do we love Memphis!," say the Presleys. "What a great place to live! The culture and history abound! The sports, museums, theaters, zoological and botanical organizations, the music, the festivals, entertainment, and the food, it's all here in Memphis! Housing opportunities run the full spectrum. Memphis has some of the nation's finest older, established communities and many new communities that cater to young families, first-time homebuyers, empty nesters, or busy professionals! If downtown life or a view of the river is what you're looking for, the many older commercial buildings currently under renovation along the Main Street Mall or the river front community of Harbor Town will be right up your alley!"

They advise, "The Memphis housing market can swing drastically from a strong buyer's market to a strong seller's market, depending on the type of housing and location, even within the same general area."


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