Israeli Mortgage Rates Fall 16% from the All Time High – Great News?
Mortgage rates in Israel have fallen 16% from 2010’s all time highs, prompting the masses to begin speculation for the short and long term effects […]Read more
Mortgage rates in Israel have fallen 16% from 2010’s all time highs, prompting the masses to begin speculation for the short and long term effects […]Read more
Mortgage rates in Israel have fallen 16% from 2010’s all time highs, prompting the masses to begin speculation for the short and long term effects […]Read more
Now let’s face it, mortgage rates in Israel aren’t exactly the most interesting thing in the world to most us outside of finance, but they’re sure as hell really important nonetheless. Here’s what you need to know—they’ve risen, yet again. Due to new regulations from the Bank of Israel (Israel’s Central Bank) in an effort to cool the hot housing market, the retail banks of the nation are in a frenzy coming up with a number of new regulations and rates, the majority of which are of no help to most us.
The Israeli Central Bureau of Statistics reported this week a number of interesting figures in regards to our real estate market here in Israel. Despite […]Read more
The Mishkan Housing Market Index, a monthly index that measures the financial conditions of the Israeli Housing Market, hit a 6 year low in December 2010, the lowest since October 2004. The index is made up of 4 factors; the Israeli average salary, the unemployment rate, national apartment prices, and the mortgage interest rate. According to Bank HaPoalim, “the prices of homes in Israel rose 14.7% in the preceding 12 months. Since the last low point in 2007, prices has risen 38% in real terms”. That being said, the index has fallen 21% from its high point of 171 points in July 2008.Read more
According to Knight Frank and CNBC Israel’s real estate market ranks third in the world in regards to growth over the past 5 years, topping hot property markets like Singapore and Thailand, though behind both Hong Kong and China.
According to Knight Frank and CNBC Israel’s real estate market ranks third in the world in regards to growth over the past 5 years, topping hot property markets like Singapore and Thailand, though behind both Hong Kong and China.
As both a new comer or a veteran to the Tel Aviv real estate market, you may have found yourself asking yourself this very question. In a market where the newest and most modern apartments fetch the highest prices, way above market value, many home buyers and investors find themselves willing to wait the 2 to 3 years that many new projects require until you’re able to call your new home, “home”. Just as many, of course, find it difficult to justify the wait time, for both practical and market reasons.Read more
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Israeli Independence Day (Yom Haatzmaut) is this Monday night through Tuesday night, and there is plenty to do here in Tel Aviv! Read this guide […]Read more