Posted on March 16th, 2010 by Lyle Plocher
The Central Bureau of Statistics in Israel, is reporting that apartment prices rose 1.6% in January.
The rise in apartment prices in January followed the 1% rise in December 2009 and the 3.5% jump in November. Apartment prices have been rising steadily since January 2009; the last monthly drop was in December 2008. Apartment prices have [...]
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Posted on February 21st, 2010 by Lyle Plocher
A group of landowners at the southern entrance to the Tel Aviv port are planning a 20-story residential high-rise for the six-dunam site between Hayarkon Street, Yordei Hasira Street, Kaf-Gimmel Street, and the port’s Zion Gate.
The 14,000-square meter high rise will have 90 apartments. The project will also include a 7,000-square meter hotel complex in [...]
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Posted on February 16th, 2010 by Lyle Plocher
Holding their first press Conference, since Ronen Sheetrit acquired the Anglo-Saxon Real Estate franchise from Africa-Israel, Anglo-Saxon CEO Adina Haham said she expects apartment prices and demand to remain stable in 2010.
Haham also said that within the Anglo-Saxon franchise there was a 10% increase in the number of apartments bought for investment in 2008-2009. She [...]
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Posted on January 26th, 2010 by Lyle Plocher
The Basel Hotel, which is at 156 Hayarkon Street in Tel Aviv, built before hotels existed along the coastline will be demolished in a couple of years and replaced with a four-story boutique hotel with three additional floors that will contain six luxury apartments measuring approximately 500 sq meters apiece. The six apartments, will each [...]
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Posted on January 12th, 2010 by Lyle Plocher
According to a Ministry of Finance survey on real estate, foreign residents bought 2,800 apartments in Israel in 2009, 13% fewer apartments than in 2008.
The drop was much smaller than the 33% drop between 2008 and 2007 which resulted from the global economic crisis.
Non-Israelis purchased NIS 4.3 billion worth of properties in 2009, 20% of [...]
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Posted on January 7th, 2010 by Lyle Plocher
Probably the most surprising story and news for 2009, was how well the Real Estate Market in Israel performed considering the global recession we have been weathering. Various global reporting bodies highlighted that Israel was one of the best performing markets in 2009.
Here are some highlights of specific cities in Israel and how they performed [...]
Filed under: Haifa Real Estate, Israel Real Estate News, Jerusalem Real Estate, Tel Aviv Real Estate | No Comments »
Posted on December 27th, 2009 by Lyle Plocher
Jewish Agency Chairman, Natan Sharansky announced on Sunday that the number of new immigrants to Israel was up 17%, he also announced a new “red carpet policy” to help new immigrants upon their arrival in the country.
Including four more flights expected in the next two days from Europe, South Africa and North America, the number [...]
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Posted on December 25th, 2009 by Lyle Plocher
That was Deputy Foreign Minister Danny Ayalon’s suggestion at a Conference in the Knesset this past Tuesday entitled, “The Realization of Zionism: Strengthening the Periphery.”
Ayalon said he came up with the idea after he conducted visits to the Galilee and the Negev. “I was amazed to see that we are losing the Negev and the [...]
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Posted on December 24th, 2009 by Lyle Plocher
According to an article at Globes online, by Einat Paz-Frankel, some recent Tel Aviv apartment sales include the ones mentioned below. The article quotes the actual selling prices, but we have translated those sales figures to price per sq meter, which is a bit more helpful to buyers trying to get a grasp on current [...]
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Posted on December 8th, 2009 by Lyle Plocher
Jerusalem Mayor Nir Barkat recently sent a letter to foreign owners of Jerusalem apartments asking them to consider renting their apartments out to young Jerusalem families and students when the owners are not using their apartments.
According to an article today at the Arutz Sheva website, the Mayor stressed in his letter the tremendous contribution the [...]
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