A golden opportunity has arisen for foreign buyers to purchase homes in Israel. A window has opened that may not last very long. Let’s take a deeper dive into what is going on in Israel to understand this. Let’s start with the state of Israel’s real estate market. The term the Israelis use is...
It was once understood that as a professional making Aliyah you would probably need to travel to Tel Aviv to make a living, but all that is changing today. All the rage in Jerusalem the last few years has been with residential buildings replacing old worn down industrial areas (think Romema for example). These...
As Israel is not as service oriented or as developed in some ways as the US market, up until 10-15 years ago there were few Israel mortgage brokers out there. Israelis tend to not want to pay for extra layers, and for the most part dealt with the banks by themselves. Naturally it was...
Yes you heard right. Used car prices in Israel are going down. How could that be in a country where prices don’t usually go down, especially given that new cars are going up in price? One of the factors is that during Covid many laid off employees were forced to give up their leased...
Covid dominated headlines in 2020 and destroyed economies. But even among the ruins some fared better than others. While Europe’s economy contracted by 6.6%, a bit worse than the average 5.5% for OECD countries, and the US by 3.5%, Israel’s economy dropped by only 2.6%. 2020 was tough for Israel, no doubt. Unemployment shot...