The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 1st, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Fisherville/Eads, Tennessee

Eads

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Fisherville/Eads is a very small town located in the state of Tennessee. With a population of 2,868 people and just one neighborhood, Fisherville/Eads is the 182nd largest community in Tennessee.

Fisherville/Eads median real estate price is $175,806, which is more expensive than 76.3 percent of the neighborhoods in Tennessee and 49.9 percent of the neighborhoods in the U.S.

The average rental price in Fisherville/Eads is currently $1,092 and the average rental cost in this neighborhood is higher than 92.4 percent of the neighborhoods in Tennessee.

Real estate vacancies in Fisherville/Eads are 5.0 percent, which is lower than one will find in 76.3 percent of American neighborhoods. Demand for real estate in Fisherville/Eads is above average for the U.S., and signals demand for either price increases or new construction of residential homes.

Fisherville/Eads is a suburban neighborhood located in Memphis, Tennessee, primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Fisherville/Eads neighborhood are newer, built in 2000 to present day, with a number of residences built between 1970 and 1999.

Homes built from 2000 through today make up a higher proportion of the Fisherville/Eads neighborhood’s real estate landscape than 98.5 percent of the neighborhoods in America. When you are driving around this neighborhood, you’ll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 70.1 percent of the residential real estate here is classified as newer.

Your future neighbors in the Fisherville/Eads neighborhood in Memphis enjoy upper-middle class incomes and this neighborhood has a higher income than 78.3 percent of the neighborhoods in America.

In the Fisherville/Eads neighborhood, 45.2 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.8 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 18.0 percent and 14.9 percent in manufacturing and laborer occupations.

Also of interest is that Fisherville/Eads has more people living here who are employed in professions that require specialized skills in computer science and mathematics than 95 percent of the places in the US.

It’s a fairly quiet town because there are relatively few people who have a tendency to be noisy. Fisherville/Eads has relatively few families with children living at home, and is quieter because of it. The biggest reason it is quieter in Fisherville/Eads than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Fisherville/Eads may be for you.

The overall education level of Fishervlle/Eads citizens is substantially higher than the typical US community, as 30.17 percent of adults in Eads have at least a bachelor’s degree, and the average American community has 21.84 percent. The per capita income in Eads in 2010 was $31,237, which is well-to-do relative to Tennessee and the nation. This equates to an annual income of $124,948 for a family of four.

Eads is a very ethnically-diverse town. The people who call Fisherville/Eads home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fishervlle/Eads residents reports their race to be White, followed by Black or African-American. Eads also has a sizable Hispanic population and account for 12.75 percent of the town’s residents. In the Fisherville/Eads neighborhood of Memphis, TN, residents most commonly identify their ethnicity or ancestry as German at 7.0 percent. There are also a number of people of Irish ancestry at 6.5 percent and residents who report Asian roots at 5.5 percent. Some of the residents are also of English ancestry at 4.9 percent, along with some Sub-Saharan African ancestry residents at 2.8 percent, among others.

The most common language spoken in Fisherville/Eads is English and some households speak Spanish.

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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