Real Estate Weekly -- Dec. 9 (Investors.com) To listen to most of the media, you would think that the only people involved in real estate investing were broken-down dot-com players searching for the next great wave, folks who would expect to get in at any cost and then cash out quickly as the inexorable rise in values continued.
Chiquita won't move to Florida (Miami Herald) Chiquita Brands International won't be moving its corporate headquarters to South Florida after all. The giant banana distributor announced Thursday it will keep its headquarters in Cincinnati, Ohio. South Florida and Atlanta were each competing to lure Chiquita's 300-employee corporate office.
A $125 million view? (Orlando Sentinel) A developer plans to build the world's priciest oceanfront 'spec' mansion. Delray Beach real-estate developer Frank McKinney has announced plans to build what he says will be the world's most expensive oceanfront "spec" mansion -- a house built without a buyer in mind that will be valued at more than $125 million.
Blacks a growing part of retirement migration south (USATODAY.com via Yahoo! News) Until recently, African-Americans played only a tiny role in the fast-growing retirement migration fueled by 63 million people ages 55 and older. That may be changing. Blacks' homeownership rates are rising with real estate values, prompting a mini-wave of moves in search of lower cost of living as well as fun and sun.