From Rumor To Reality: Up To 12,000 Layoffs At Countrywide
It was two days ago that “ex SF-er” commented: “Rumor alert: Countrywide may be laying off 6,000 to 10,000 employees.” And it was but less than two hours ago that…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
It was two days ago that “ex SF-er” commented: “Rumor alert: Countrywide may be laying off 6,000 to 10,000 employees.” And it was but less than two hours ago that…
“U.S. commercial paper outstanding fell for a third week, dropping 3.1 percent as more investors refuse to buy debt secured by mortgage assets.” “Commercial paper outstanding has fallen by $244.1…
According to a trusted plugged-in tipster, The Montgomery (74 New Montgomery) has switched sales teams (out with Pacific Marketing Associates, in with The Mark Company) two months after their grand…
“FBR Research said on Wednesday that $150 billion to $250 billion of permanent capital is needed to normalize pricing in the depressed market for mortgage-backed securities. However, in a note…
“Capital One Financial Corp., a credit card and banking company, slashed its earnings forecast on Monday and said it plans to eliminate 1,900 jobs, following its decision to stop arranging…
“Westbay Builders has purchased a 25,380-square-foot industrial property at 72 Townsend St. for $9.2 million and plans on developing a nine-story, 74-unit condo building on the site….The project is fully…
After almost a month on the market the list price on 4128 24th Street has been reduced $500,000 (14.3%). Yes, this was the former home of Droubi Real Estate. Yes,…
No real story other than the symbolic end of an era. (And no, not as in Victorian.) ∙ Listing: 4128 24th Street (4/2) – $3,495,000 ∙ The Droubi Noe Valley…
As a few plugged-in readers pointed out when we first noted the Coldwell Banker acquisition of Droubi Real Estate, the elegant Noe Valley Victorian (4128 24th Street) that served as…
As an industry tipster notes, after a few weeks of simply redirecting folks to the Coldwell Banker website, the Droubi brand (and website) is back (albeit with a few fewer…