Many homes Removed from Market – Piggington's Econo-Almanac

This topic has 3 replies, 4 voices, and was last updated 15 years, 6 months ago by New_Renter.

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- September 27, 2007 at 8:43 PM #10433
  
  joe_renter
  Participant
  
  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?
- September 27, 2007 at 8:55 PM #86187
  
  NotCranky
  Participant
  
  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.
  - September 27, 2007 at 9:05 PM #86189
    
    jimmyle
    Participant
    
    Yeah, showing removed properties seems to be a new feature of SDLOOkUP. I like it.
- September 28, 2007 at 11:40 AM #86244
  
  New_Renter
  Participant
  
  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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