Financing a Home in Israel
Are you considering turning to a bank for financing for your new home in Israel? Before do anything, read here to familiarize yourself with the […]Read more
Are you considering turning to a bank for financing for your new home in Israel? Before do anything, read here to familiarize yourself with the […]Read more
With the great lack of new apartments here in Tel Aviv, people are turning to buying their new homes on paper, sometimes three or four […]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
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
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.
We’ve all been reading about how hot the Israel real estate market is today. At the same time, pundits are also speaking about “the imminent burst of the bubble”. So […]Read more
We started the week with an overhaul by the Ministry of Finance of the Appreciation Tax here in Israel. In an attempt to bring more […]Read more