Top Reasons to Buy a HUD Home in Memphis
About Memphis Real Estate According to US News the average cost to buy a home in Memphis is approximately $143,000, which is well below the national average. The average monthly cost to rent a home is below the national average. Memphis has one of the lowest costs of living for a large metro area. Mortgage expenses are considerably lower than the national average. expenses for food and services are also significantly lower than in other major regions, especially in the more rural areas that spread out beyond the metro region.
Living in Memphis, TN Memphis is known for its music, historic role in the civil rights movement, and its cuisine.
Memphis Rock 'n' Soul Museum is a must for any rock 'n' roll or soul music fan, as you will learn all about how Memphis played a part in the roots of these genres. This museum explores Memphis' musical influence, from the rural field hollers and sharecroppers of the 1930s to the emergence of Sun, Stax, and Hi Records. It is located on in the heart of Memphis on the legendary Beale Street.
Sun Studio is often said to be the birthplace of rock 'n' roll. Its former owner Sam Phillips helped starting many musicians' careers, among them Elvis Presley, B.B. King, Roy Orbison, and Johnny Cash.
Graceland was Elvis Presley's kingdom and is located approximately 10 miles south of downtown Memphis, is one of the most-visited private homes in the country. If you stop by for a tour, among the things you can see are the King's famous jungle room, his pink Cadillac, record collection and even shoes and gifts sent to him from fans. Elvis' grave is also located on the Graceland grounds.
Beale Street is where you should go if you are looking for the heart and soul of Memphis culture. It was here that the blues was born, and many famous musicians including B.B. King, Alberta Hunter and Isaac Hayes started their career. During the day, stores and restaurants beckon with music memorabilia and savory barbecue. At night, the area comes to life as numerous live music clubs open their doors to music fans of all types. The Beale Street area is home to popular tourist attractions, including the Orpheum Theatre, the W.C. Handy House Museum, and the New Daisy Theatre.
Transportation and commutes in Memphis Almost every working Memphis residents commute to work by driving alone, or commute via carpool. The public transportation is operated by the Memphis Area Transit Authority (MATA), providing bus lines and a downtown trolley system.
Inter-city bus is provided primarily by Greyhound Lines, Inc. Inter-city rail service is provided by Amtrak's New Orleans, as a once daily stop in each direction between Chicago and New Orleans. Memphis International Airport (MEM) is a civil and military use airport. The airport has daily flights to domestic destinations, some of which are seasonal. There are international flights to Toronto, Canada, as well as seasonal charter to Mexico.