In an unexpected turn of events, the interest rate went down by surprise yesterday. The Bank of Israel lowered its interest rate to 4%. This will have an immediate impact on mortgage returns and will probably have a positive effect on bringing new buyers ...
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As 2025 draws to a close, we want to take a moment to reflect on the year’s Modiin Real Estate market and give some projections for the year ahead. It was a challenging year for the real estate market in Israel. The combination of the continued war, the h...
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Modiin (not really real estate, but interesting) NewsModiin has the highest life expectancy in the country: 87.5 years old; whereas the average life span in Israel is 83.1.So, at least if you buy a home in Modiin, you'll get to live in it for longer than ...
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Over the past few months the real estate market has tended to stall. The result of the ongoing war, the high interest rates, the dollar-shekel rate and the economic uncertainty all combined to create a market slowdown. There is current speculation about w...
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Local Update: The market has shown signs of increased activity over the past month as people tried to close deals ready for summer move-in; albeit still a bit slower than normal. That said, the sales season is almost ending as there is usually a bit of a ...
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2024 ended on a real estate high note, with new house sales (on paper) in December up by 60% compared with November; and second-hand house sales also rose. The jump in sales was largely attributable to the upcoming rise in VAT (from 17% in 2024 to 18% in ...
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