Author: Buyitinisrael Staff

Israel’s response to the October 7 massacre led to a sharp outbreak of antisemitic phenomena around the world which has sent shockwaves throughout Jewish communities, causing many people to think about Aliyah and take interest in buying an apartment in Israel, as a first step toward that. Experts believe that after the war, this interest...

In the first weeks of the Iron Swords War, construction companies sent notices to buyers that delays in receiving apartments were expected due to the war. Most legal experts think that under the circumstances, companies will be exempt from an obligation to compensate purchasers for the delay, provided that they can prove a direct connection...

During the month of September, the market further weakened and a slow decline in home prices continued, even though for the first time in a while the Bank of Israel left the interest rate at its current level – 4.75%, and did not increase it further. At the end of October, the housing market in...

A severe shortage of manpower that will lead to construction delays, and low demand that is expected to last for months are just some of the negative effects that Operation Iron Swords is expected to have on the real estate industry in Israel. However, the war has also created opportunities to purchase homes at attractive...

A huge supply of new homes that have not yet been sold, the weakening of the shekel, and an informed assessment that the constitutional crisis will soon be solved. Buyitinisrael presents three good reasons why the coming year should be a year of opportunities in the Israeli housing market. Even those who by nature always...

In recent days, purchase group Rom Kinneret has been declared insolvent, leaving behind hundreds of home buyers who do not know if they will see their money, while court hearings revealed that the owner of the company and the Trustee of the buyers have disappeared, with tens of millions of shekels of buyers’ money. As...

Not only is the demand for apartments declining but so is the demand for land for construction. During the first half of 2023, there has been a 45% drop in the amount of land purchased by developers from the Israel Land Authority, and this may lead to a shortage of homes in the future. But...

The strengthening of the dollar, along with a drop in demand for apartments among local buyers and the beginning of a decline in prices, creates attractive real estate opportunities in the housing market for foreign residents or those whose income is in foreign currency. Real estate agents working with foreign residents report many transactions in...

While in Tel Aviv the price of a square meter built on the beach reaches between NIS 120,000 and even NIS 250,000 per square meter, in Ashkelon and Nahariya a spacious sea-facing apartment can be obtained for NIS 2 million. Real estate on Herzliya’s coastline is the most expensive in the country, and in Haifa,...

The special planning committee of the new Haredi city being built in the Negev for the ultra-Orthodox sector convened for the first time and is expected to approve the first building plans in the coming months. According to the master plan, the city of Kasif is expected to include around twenty thousand apartments for up...