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Memphis Home Prices Decreasing

For the fourth consecutive month, home prices have dropped in the Memphis area. The Memphis movers, along with other industry professionals, hope that these falling figures help urge potential buyers to move to the area. Currently, the average listing price for a Memphis home is between $82-101k.

Despite the dropping prices, Forbes magazine actually ranked Memphis #4 on a list of real estate markets expected to raise home prices. If you’re considering a move to Memphis, now is certainly the time! The city is growing and developing, and the central location makes it convenient to travel throughout the United States.

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