Knoxville, Tennessee — University of Tennessee

Knoxville, Tennessee — University of Tennessee

Foreclosures accounted for only 8 percent of all residential sales in Volunteer territory during the first six months of 2011, with 431 properties in some stage of foreclosure selling in Knoxville during the first half of the year.
Foreclosures sold at good discounts, with an average sales price of $108,595 — 41 percent below the average sales price of properties not in foreclosure during the same time period.

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