I know in Clairemont they have been taking many houses off the MLS but keeping the For Sale signs up. When I see a house taken off the MLS, I first check Zillow.com to see if it was sold and for how much. If it doesn’t show up as sold I drive by and usually see the For Sale sign still swinging in the breeze. Also, some of the houses have been rented.
And even a few are still attempting the remodel and flip scam that is sooooo yesterday.
I have a sneaky suspicion that the lenders are holding back many of their REOs and listing only a few to try and keep the appearance of lower inventory. By the end of this year, there will be so many foreclosures, they won’t be able to do this anymore.
Perhaps these same things are happening in the zip codes you mention.
