Many homes Removed from Market

[joe_renter]

I have been regularly following the MLS listings via sdlookup.com. Today I noticed that just this week, several listings have been marked “Removed from Market”. This appears to be happening across all neighborhoods. Check out the following link for an example:
http://www.sdlookup.com/MLS_Updates-28-Kensington_and_Normal_Heights

Any speculation as to what is behind this? There are too many cases across all neighborhoods to be a coincidence. Are banks gearing up for a big blowout auction?

[NotCranky]

Listing agent of distressed property removes listing when Trustee takes property. This is a likely scenario. I didn’t bother researching the listings in your particular link.

[jimmyle]

Yeah, showing removed properties seems to be a new feature of SDLOOkUP. I like it.

[New_Renter]

yes, I noticed this new feature as well. Does anyone know whether Removed could also mean it went Pending? The problem with Removed is that it doesn’t tell you the reason, i.e. Expired, Pending, etc.

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