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Knoxville TN Foreclosures have been a topic that has dominated talk of the Knoxville real estate world the past couple of years. The allure of the "good deal" is something that attracts may buyers to Knoxville foreclosures. However, just how prevalent are foreclosure sales in the Knoxville, TN area? According to the research I complied using only the Knoxville MLS, the Knoxville TN area saw an increase in the total % of foreclosure sales in 2008. However, since 2008 the % of foreclosure sales vs non-foreclosure sales have remained fairly constant.