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...
Speaking to brokers about various aspects of the Israeli real estate industry you get many different opinions. The one message that has come across loud and clear, across the board, is that the market is not waiting for American or other foreign buyers. Brokers prefer to work with Israeli buyers rather than to chase...
With prices shooting through the roof in the center of Jerusalem, American families who had smaller apartments in the center of the city, from places like Ramat Eshkol, who were looking for larger accommodations for their families were quietly selling and moving to Ramot. Ramot is similar to Ramat Eshkol in many ways, and...
If you are considering buying an apartment in Israel, the first thing you want to know is how much is it going to cost you. Bo Home Israel has put together a pricing chart by neighborhood for both Jerusalem and Ramat Beit Shemesh (RBS) This chart is a very rough estimate because there are...
The year 2022 is shaping up to see a double digit increase in apartment prices. Last week in an auction for builders to purchase lots in the Neve Shamir section of Beit Shemesh, the bidding went through the roof. For the eight lots that were auctioned off, 220 bids were placed. There was an...
Beit Shemesh over the last 10 years or so has been Israel’s fastest growing city, growing by 63% from 2008 to 2018. Israel’s second fastest growing city during that period, Bnei Brak, grew at half that rate. Since 1995 when Ramat Beit Shemesh didn’t exist, Beit Shemesh has grown five fold! Initially on one...