02-567-1349![US flag](/wp-content/uploads/2017/01/us.png")
845-694-7148All of the articles we have written on Israel Real Estate News, over the years, on the First Israel website. Israel Real Estate has grown tremendously…
Before You Apply for a Mortgage in Israel (Part 1 of the Israel Mortgage Primer series)
So, you’re ready to take the plunge. and…purchase a property in Israel.
You know where you want to buy, how big a property you need and roughly how much it will cost. You also know you will need a mortgage to finance the purchase… and that’s where you start to get nervous.
How much will I […]
Number of Apartments Purchased by Foreign Nationals Rising
We are in the middle of a pandemic, and it’s been almost two years since foreign nationals have been freely able to visit Israel, making it very difficult for them to personally view properties prior to making a purchase.
Despite the difficulties, foreigners purchasing property in Israel has reached record levels.
Much of this growth can […]
Can the new government slow rising housing prices? (Jerusalem Post article)
“The problem is a lack of supply in the housing market,” said the co-founder of First Israel Mortgages. “The only way to bring down prices is to build more homes.”
By Zev Stub
June 20, 2021
Jerusalem Post – original article here.
Israel’s housing prices continue to rise sharply, with no sign of slowing down. Last week, the Central […]
Overseas demand for Israeli homes rising ‘through the roof’ (Jerusalem Post article)
“While American Jews once looked at having a home in Israel as luxury, or a nice thing to have for the holidays, it is now seen as a necessity for those who can afford to purchase one,” Shapiro said.
By Zev Stub
March 11, 2021 20:58
Original Jerusalem Post article here.
Demand for Israeli homes from overseas buyers […]
The beginning of the end of the housing crisis?
The big news in Israeli real estate over the last decade has been the ever-increasing price of home ownership.
Since May 2007 average home prices have risen by 108% while in areas such as Tel Aviv the rise has been even steeper.
This has been attributed to increased demand due to factors including low interest rates […]
Affordable Housing for all?
We have all heard it before: The price of apartments in Israel never seems to drop.
Lately, Moshe Kahlon and Yoav Galant from the Kulanu party have staked their entire political reputation on increasing the affordability of apartments.
Their solution: Mechir L’mishtaken, a program where the government auctions off land at a significant discount to developers willing to […]
Put your trust in property – but put your property in trust
The (slightly misquoted) saying of Oliver Wendell Holmes in the headline precisely reflects the opportunity afforded to foreigners who are buying properties in Israel, which is due to the mini-reform of the trust legislation in this country.
But what is a trust, and why would you need one to buy a home in Israel?
A trust […]
Abandoned Aliya: Don’t blame a missing house
This article was printed in the “Op-Ed Contributors” section of the Jpost.com 9/16/2013
Abandoning the life-long dream of aliya is an over-reaction to very real, sometimes foreboding problems.
In her thought-provoking column last week, Adina Siperman raises genuine challenges while announcing her family’s termination of their aliya dream.
The main obstacle, she wrote, was that she didn’t […]
Inflation and your Mortgage in Israel
Consumer inflation figures in Israel are out and they are not pretty.
Inflation has risen 4.2% in Israel over the last 12 months-way above the Bank of Israel’s comfort range of 1-3%.
The news is prompting many analysts to raise their forecasts for short-term interest rates.
Forecasters now predict the Bank of Israel Prime rate will jump […]
Say “NO” to a Zichron Dvarim
Imagine it is the last day of your short trip to Israel. Finally, you see that dream apartment you were looking for; perhaps a penthouse with a view of the sea.
It might even have a winding staircase and a guestroom on the roof with the perfect rooftop terrace. The seller or agent suggests that […]