Memphis is a huge metropolis that sprawls over 324 square miles and is comprised of hundreds of neighborhoods. It is located where the Wolf and Mississippi rivers meet and the downtown is located on a bluff that faces the water known as Chickasaw. It is known mainly as a “musical city” as it has been home to many music legends including Elvis Presley, Jerry Lee Lewis, Carl Perkins, Al Green and Justin Timberlake.
As of November 2012 the average price per square foot in Memphis was $52 per square foot. This is a drop of 12.1% since the same time last year. The median sales price for a home according to figures available from Truila from May12 to July 12 of 2012 was $73,700. Compared to the same period of time in 2011 this means that home prices decreased 5.4%. Sales also decreased by 95.1% from the period 2010 to 2011. There are also currently 1,643 homes in the final stages of foreclosure or pre-foreclosure in Memphis.
In November 2012 the average listing price for a home for sale in Memphis, according to Trulia was $174,812. The two most popular neighborhoods in Memphis include Midtown and Jackson-University Area.
The Midtown neighborhood is known for it’s vintage homes, small apartment buildings and a strip of Vietnamese restaurants known as Little Hanoi. There is a vibrant music and theater scene in this area as well as many antique stores. The average price of a home in Midtown is $233,271.
The Jackson-University Area is located next to the University of Memphis, which is known for its Institute of Egyptian Art and Archaeology. This is a very old area of town with homes that have an average cost of $250,000.
If you want to deal with a dedicated multi-million dollar seller individual who can give you up-to-date and accurate information about your gay realtor Memphis neighborhoods then contact Allen Hamblin of GayRealEstate.com. Along with his partner Philip he has been renovating and selling homes from Midtown to east Memphis since 1987. He makes sure that every single step of your move, from the house search to the closing of deal goes as smoothly as possible. When it comes to help LGBT singles and couples find properties from out of town, he vows to not waste your time showing you properties that just do not meet your needs.
Aside from Memphis, Gay Memphis Realtor Allen Hamblin can also show you properties in nearby Collierville and Germantown. Allen will be happy to provide you with a relocation kit that can help you get to know the gay realtor Memphis neighborhoods.
GayRealEstate.com provides free instant access to the Nation’s top gay, lesbian and gay friendly realtors ~ coast-to-coast. You can also take advantage of free buyer’s representation, a free seller’s market analysis and a free relocation kit to any city in the United States.