Fortune Names Memphis in Top 10 Cities for Home Buyers

Here’s one for the record books, folks. In addition to exceptional tap water, tasty barbecue and a rich musical heritage, Memphis is turning heads as a top city for home buyers this year, according to Fortune magazine.

The average sale amount for homes in Shelby County was $124,278 in 2010, according to the real estate company Chandler Reports. Add a low cost of living and no state income tax for individuals into the equation, and you’ve got a buyer’s paradise.

For more on Memphis’ prime assets, read what industry professionals are saying here, here and here.

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