The sharp surge in interest rates has succeeded in halting the price increases in the Israeli housing market, and the most recent home price index indicates the beginning of a change in trend. This is particularly true of the new home market, where prices have fallen by 2.4%. In which areas can you now enjoy...

Jewish-American businessman and real estate tycoon Gary Barnett purchased the land from Nayot Komemiyut for NIS 750 million, almost five times the price that was paid in 2016 to the Greek Orthodox Church. KKL-JNF is currently leasing the land, but this is only until 2051, leading to growing concern among the residents for their future....

Two recent rulings dealt with serious deception in residential real estate transactions in Israel. Although the homebuyers finally received compensation, it took many years of heartache and struggle, and in each case, a saga could have been avoided — In this article, Buyitinisrael brings to your attention pitfalls to be avoided when purchasing a home...

Every year, during the month of January, Israel Tax Authority publishes new thresholds for Mas Rechisha (Purchase Tax in Israel) according to the Central Bureau of Statistics Home Prices Index for the previous year. The Mas Rechisha or Purchase Tax thresholds are updated annually, in mid-January, with consideration for the Home Prices Index of the...

When a property inheritance is received in Israel, the heirs are often overwhelmed and fearful that the process of transferring ownership will be difficult. Combine this with the fact that they are still in the grieving process over their loved one, this may create an emotional overload that may prevent this from being taken care...

Out of the 16 largest cities in Israel, Rishon LeZion boasts the highest quality of life. At least this is what the CBS ranking found, which weighs 52 different indices – including satisfaction associated with the home and neighborhood, income level, and sense of security. Tel Aviv has high matriculation rates but also excessive levels...

During December, the Israel real estate market continued to behave in the enigmatic manner that has characterized it for the past six months, with a  particularly low number of transactions while home prices continue to rise. For the first time since 2010, the annual rate of increase has crossed the 20% mark. Last month, the...

A new government was launched last week, in which all the key positions in the housing sector were appointed to ultra-Orthodox or right-wing nationalist representatives. The first published coalition agreement between the Likud and Torah Judaism includes a series of clauses that benefits the ultra-Orthodox population and that may delay the construction of the Gush...

A mortgage loan is a huge debt, and monthly repayments could be among the highest bills a household pays. Every borrower dreams of the day they no longer have to pay back their mortgage lender — it means owning their home outright, having more cash to play with each month, and even saving money on interest. Paying...

In recent years, the volume of home purchases made by non-residents in Israel has declined significantly. Buyitinisrael reveals that one of the reasons for this is the burden of bureaucratic demands on non-residents by banks in Israel, to the point of categorically refusing to provide service. People from all over the world find themselves facing...