Headline Homes: November 2020

More people than previously had been the case are moving from Nashville to Memphis, a trend some real estate watchers attributed to a disparity in home prices in the two cities.

A new report from Redfin found that 6 percent of homebuyers moving to Memphis in the first quarter were from Nashville, twice the rate of the same period in 2021. In April, the typical home in Nashville sold for $455,000, compared to $280,000 in Memphis.

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