HUDs held off market

[Marian Smith]

There is a house that was auctioned at the courthouse 4 months ago. It still is not listed on HUDhomestore. The few houses I have watched typically hit the market in 6 weeks. No liens that I see. I am thinking HUD is holding it off the market until the other HUD in the neighborhood closes. We have about a 4 month supply of houses, so there seems to be no reason. Think there is some kind of new policy of only one HUD per neighborhood--per legal description? It will go owner-occupied, but I am curious nonetheless.