Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Sunday, 4 December 04:11 (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.
 
 
 
 
 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Trump's Victory Means Both Risks and Opportunities for Ukraine

Vitaly Portnikov, a Ukrainian political expert, has evaluated the results of the U.S. presidential election and its possible impact on the situation in Ukraine.

 

 
He says that Donald Trump’s victory gives Ukraine both risks and new opportunities. In particular, the Ukrainian journalist, political observer, and blogger writes that after Donald Trump unexpectedly won the election, the entire political world was slightly shocked and uncertain how to react to this unexpected event.
Publication date: 30 November 09:23 AM

UK Prime Minister to Launch Brexit in Spring 2017

The current Prime Minister of the United Kingdom Theresa May gave her first big interview after coming into power a few months ago. During the interview, she warned the people of the United Kingdom about the likelihood of a difficult period they would have to face in the near future. She is almost convinced that the so-called Brexit, or the process of quitting the European Union is going to be economically and financially painful to the UK, its people, economy, national currency, and financial system.
 
Publication date: 29 November 01:18 PM

President-Elect Trump Sets Future Priorities

As you probably know, Donald Trump has won the U.S. presidential election 2016 and is now going to be the 45th President of the United States. Even though he is going to take office in January 2017, he already started setting future priorities as the next U.S. President.

 

 

Publication date: 23 November 10:49 AM

What to Expect in Global Economy from Trump's Victory?

Donald Trump’s victory in the presidential election used to be seen as something unlikely but this unexpected scenario finally manifested itself. Donald Trump is going to become the 45th U.S. President on January 1st, 2017.

 

 
Publication date: 18 November 06:10 AM

Brexit Planned For Early 2017, Theresa May Says

The current Prime Minister of the United Kingdom Theresa May gave her first big interview after coming into power a few months ago. During the interview, she warned the people of the United Kingdom about the likelihood of a difficult period they would have to face in the near future. She is almost convinced that the so-called Brexit, or the process of quitting the European Union is going to be economically and financially painful to the UK, its people, economy, national currency, and financial system.
 
Publication date: 17 November 04:29 AM

Brexit. Who's Next to Quit EU?

Where this is good or not, we can still see the entire political and economic structure of Europe gradually changing. More and more experts, name the countries who may well follow the United Kingdom and hold their own referendums on EU membership.
 
Publication date: 15 November 08:36 AM

Donald Trump Is 45th U.S. President

The Republican candidate Donald Trump has won the U.S. presidential election 2016 and become the 45th U.S. president. The billionaire won the election in most of the states, thereby winning it with a huge lead.

 

 
Publication date: 09 November 04:37 PM

High Court of London Bans Brexit without Parliament's Consent

For those of you who don’t know, the High court of London suspended the so-called Brexit procedure a couple of days ago. To be more specific, the UK government cannot go on with the Brexit and initiate the procedure without the British Parliament’s consent.
 
Publication date: 07 November 11:18 AM

A couple of days before the election, Trump is just 2% behind Clinton

Even though more and more experts are sure about Hillary Clinton’s victory in the forthcoming U.S. presidential election, and even bookmakers think that Hillary Clinton is the frontrunner, the results of the recent surveys show that everything is not that clear. In early October, Mrs. Clinton used to outpace Donald Trump by as much as 12%, today the difference is just 2%. The latest survey was taken on November 1st through 3rd.

Publication date: 06 November 05:29 AM

UK Will Face Hard Times Because of Brexit, Theresa May Says

The current Prime Minister of the United Kingdom Theresa May gave her first big interview after coming into power a few months ago. During the interview, she warned the people of the United Kingdom about the likelihood of a difficult period they would have to face in the near future. She is almost convinced that the so-called Brexit, or the process of quitting the European Union is going to be economically and financially painful to the UK, its people, economy, national currency, and financial system.

Publication date: 03 November 01:06 PM