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Tuesday, 27 June 16:20 (GMT -05:00)



Business And Politics News

Israeli Real Estate Market


Investing in Israel’s residential property has recently been fairly profitable. Housing prices are growing. They have increased by 50% over the last 5 years.

 
The Israeli housing market is especially popular with Russians. They keep buying apartments even when they are overpriced.
Obviously, you can find a lot of websites offering you to purchase residential property in Israel. However, not all of those real estate agencies vary are reliable. Therefore, it is important to find those agencies that have been in the industry for a long time. They should be licensed and should value their image.  How to find such real estate agencies? What are the criteria?
 

 

 

 

Israeli Real Estate Agencies
 
Israel is a country with highly developed legislation. There is little room for scammers, so they cannot exist for a long time. Therefore, one of the key factors is the number of years a certain agency has been in the industry.  Israel is a small state in terms of territory.
 
Websites
 
Before the crisis, there were 11 000 real estate agencies in Israel. During the crisis, their amount increased. Obviously, the amount of corporate sites related to the Israeli housing market increased as well.
 
At this point, almost 100% of those agencies have websites. More clients start coming from the Internet these days. Therefore, a website is a useful tool in this business. A client can visit a website, look for the list of offers, chat with the company’s support team, read and post comments and so much more.
 
How To Avoid Overpayment?
 
In order to avoid overpayment, it is necessary to work with the industry’s leaders, which are companies that work in several niches, including, development, investment, maintenance etc. They offer their clients a full package of services, thereby helping them to obtain a mortgage loan if necessary, evaluating housing units, financial and legal consulting and so much more. Those companies are usually quick to adapt to legislation changes.
Experts On Israeli Housing Market
 
According to Global Property Guide, a section of Globes, a popular Israeli edition, the Israeli housing market was getting ready for a hard landing in late 2012. Housing prices should have keep declining within the next couple of months.  However, this won’t the case.
 
After a weak rally, (19% over the period 1999-2007) the growth accelerated in 2008-2011. Therefore, most experts treated this rally as a price bubble in the Israeli housing market. There were 3 reasons for the growth: low interest rates, excessive demand and higher activity among various groups of buyers. As of late 2012, the average housing price was $284 941. Therefore, all those expectations of a housing market collapse looks logical.
 
However, there are different types of collapses. It would be wiser to speak about short-term price falls. There have been many of them over the last 20 years. Global Property Guide underlines that prices fell during times of political instability and insecurity connected with armed conflicts with the Arabs. The housing market of Tel-Aviv   suffers most of all when Israel is at war. The bank of Israel reports that the demand for new residential property constantly increases. However, the actual sales volume accounts only for 50% of the overall demand   because of the lack of available offers.
 
As for renting, rent prices have grown over the last 3 years because of the deficit.
There are still tensions with Palestine, Lebanon, Turkey and Iran. Obviously have a negative impact on the Israeli housing market. However, the Israeli economy still remains strong despite all the difficulties. It has survived the global crisis and keeps growing amid tensions and multiple external threats. Israel’s labor power is 100% efficient. It has been one of the world’s leaders in the IT and hi-tech industries.
 
Therefore, strategic prospects and advantages give us to understand that despite multiple negative factors, Israel’s housing market remains a good investment opportunity. Its residential property will always be in demand as the country keeps consolidating its position in the international arena.
 
 
 
 
 

 

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What’s New in New Anti-Russia Sanctions?

Today, the Russian political establishment and media are glad that the Senate of the U.S. Congress has recently postponed their voting on new sanctions against Russia. However, this is just the so-called “calm before the storm”, Western experts say.

 

 
The new sanction mechanism developed by the Senate is fundamentally different from the sanctions imposed on Russia previously, under Obama’s administration. The experts say that unlike Obama’s isolated decrees, the Senate has come up with a whole new mechanism taking into consideration the whole seriousness of Russia’s crimes in the global geopolitical arena. This mechanism will prevent the U.S. authorities from being able to cancel those sanctions gradually. So, the only way out will boil down to Russia leaving Donbass, the Crimea and Syria. So, this will be the only opportunity for Russia to see the Western world cancel those sanctions.
Publication date: 26 June 01:26 AM

Fed Raises Key Interest Rate. How Will This Affect Russian Economy?

The federal Reserve has raised the key interest rate by 0,25%. According to international experts, this may well make foreign assets (including Russian ones) less attractive in terms of investing.

 

 
The decision was made as the result of the recent 2-day FOMC meeting. The interest rate was raised up to 1-1,25%. At the same time, it’s interesting to note that the actual decision matched expectations, both from the international expert community and financial markets.
Publication date: 20 June 05:12 AM

Why Did British People Punish Theresa May During Parliamentary Election?

During the recent parliamentary election in the UK, the British Conservatives failed to gain public support required to get the absolute majority in the British parliament. Now, the international expert community is discussing the reasons why Theresa May failed on her expectations.

 

 
Publication date: 20 June 03:09 AM

Why Does Trump Fail to Be a Good President?

As you probably know, the scandal around Donald Trump’s decision to fire FBI Director Comey is just one of the unpleasant incidents in his presidential career started in early 2017.

 

 
The truth of the matter is, after the investigation against Michael Flynn started, Donald Trump asked FBI Director Comey to let the investigation slide. While Director Comey didn’t dare object to President Trump openly, he didn’t do that. On the contrary, the investigation got even more intensive.
Publication date: 16 June 01:46 AM

Trump Accuses Qatar Of Financing Terrorists

Donald Trump thinks that Qatar has been involved in sponsoring terrorists in the Middle East. That said, the USA joined other nations accusing Qatar of this kind of financing. President Trump thinks that it’s time to put an end to this. However, he didn’t specify what exactly Qatar did to sponsor terrorists.

 
Publication date: 15 June 05:35 AM

Trump Is a Boomerang Russians Have Hit Themselves With

Experts say that Donald Trump is gradually turning into a boomerang launched by Russia, and the thing is, this boomerang is going to hit Russia, thereby disappointing the Kremlin instead of letting them. President Trump is turning from Russia’s hope into Russia’s disappointment.
 

 

The Kremlin celebrated Trump’s victory with champagne while today Vladimir Putin says he didn’t expect anything from Donald Trump as the next president of the United States. He moved to the White House 5 months ago, but none of his decisions was made in favor of Russia.
Publication date: 13 June 06:25 AM

Will Macron Become Anti-Trump?

 New French President Emmanuel Macron seems to be getting more popular both in France and outside. The 39-year-old President of France seems to have challenged his 70-year-old American peer.

 

 
Not so long ago, he made his TV speech in English. While some older representatives of the French people were indignant at this move since no other president in the history of France had ever dare do so, but the French youth seemed to like this.
Publication date: 12 June 01:52 AM

Google Reveals Near-Term Forecast

Google Technical Director Ray Kurzweil has revealed his forecast for the period until 2030. Previously, he also made similar prediction for the near future related to IT. Strange as it may see, most of his predictions did really become a reality. That’s why the international community has been closely watching his predictions over the last few years, even though sometimes it’s very difficult to believe that the future will be the same as he described in his forecast.

Publication date: 10 June 11:54 PM

25th Amendment Threatens Trump with Impeachment

President Trump is reported to have found himself in another unpleasant situation. To be more specific, just for revealing some top-secret information to Russian Foreign Minister Lavrov, he is now threatened with a possible impeachment. They say that the 25 amendment to the American constitution, this becomes a very likely scenario. In particular, this assumption was put forward by an advisor who used to work for George Bush Jr.

 

 
Publication date: 07 June 12:25 AM

Chinese IT Innovations as an Example for the Resto of the World

China seems to have been trying hard to revolutionize the Internet and entire IT industry through innovation. The international expert community has been seriously discussing the possibility of China setting a good example for the rest of the world when it comes to innovation.
 
Publication date: 05 June 06:04 AM