The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 18th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Brighton City Center Neighborhood

Brighton, Tennessee

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Median real estate price in the Town Center of Brighton is $136,874, which is more expensive than 56.2 percent of the neighborhoods in Tennessee and 35.8 percent of the neighborhoods in the U.S.

The average rental price in the Brighton Town Center is currently $735, and the average rental cost in this neighborhood is higher than 68.1 percent of the neighborhoods in Tennessee.

Brighton Town Center is a rural neighborhood located in Brighton, Tennessee and the County of Tipton, which is just north of Memphis and Shelby County.

Real estate in the Town Center of Brighton, TN is primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes and manufactured homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 2000 to present day.

Real estate vacancies in Brighton Town Center are 5.3 percent, which is lower than one will find in 74.5 percent of American neighborhoods. Demand for real estate in Brighton Town Center is above average for the U.S., and signals demand for either price increases or new construction of residential homes.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

Your future neighbors in the Town Center neighborhood in Brighton enjoy middle class incomes, and has a higher income than 57.4 percent of the neighborhoods in America.

In the Brighton Town Center neighborhood, 35.7 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.7 percent of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants at 21.1 percent, and 16.5 percent in clerical, assistant, and tech support occupations.

Each neighborhood has its own culture derived primarily from the ancestry and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were can help you understand how a neighborhood is today.

In the Town Center neighborhood in Brighton, Tennessee, residents most commonly identify their ethnicity or ancestry as German at 10.5 percent. There are also a number of people of Irish ancestry at 10.3 percent, and residents who report Scots-Irish roots at 4.1 percent. Some of the residents are also of Mexican ancestry at 3.4 percent, along with some English ancestry residents at 3.2 percent, among others.

The most common language spoken in the Brighton Town Center neighborhood is English, spoken by 95.4 percent of households, followed by Spanish and spoken by 2.1 percent of households.

Livingston Homes for Sale

TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

START YOUR PATH TO HOME OWNERSHIP TODAY

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