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Memphis is the largest city in Tennessee and the third-largest city in the south-east United States. Memphis is widely regarded for its cultural impact on the identity of the American south, as many famous musicians grew up in the area including Elvis Presley, Muddy Waters, Johnny Cash, B.B. King, and Isaac Hayes. One widely known Memphis tradition is the Memphis in May festival, which is comprised of four main attractions, the Beale Street Music Festival, International Week, the World Championship Barbeque Cooking Contest, and the Sunset Symphony. Memphis is located in an ideal location for commerce in the transportation and shipping industries, which are large contributor to its overall economy. Memphis is home to Memphis International Airport is the world’s busiest cargo airport, and FedEx Corporation’s headquarters. Memphis’ real estate market is starting to bounce back, as average price per square foot has increased 4.5% compared to early 2010, and the median sales price of Memphis homes has increased 6.6%. Get started searching Houses.com for your new home in Memphis today!
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