KNOXVILLE, Tenn. — The million-dollar housing market in Knoxville is no longer considered a luxury.
“When we first started, I could count on one hand the million-dollar houses for the past two years,” Sharon Bailey, a principal of the Realty Executives Associates firm, said. “I mean, there were no million-dollar houses.”
Bailey has watched the market evolve over the last 50 years. She said this pricing shift comes with a change in buyers’ expectations…