Posted on June 30th, 2010 by Lyle Plocher
Visit our newly launched, “full featured”, Israel Real Estate portal to view our latest Tel Aviv properties for sale. When visiting the new site, you can also read the latest Israel Real Estate news. If you have questions about our new site or about buying property in Israel in general, [...]
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Posted on June 14th, 2010 by Lyle Plocher
Mayor Nir Barkat on Sunday announced a plan that he hopes will help the stem negative immigration from Jerusalem. The affordable housing initiative would be specifically aimed at persuading young families to purchase property in Jerusalem. Eligibility will be limited to those who are 41 years old or younger, employed and who do not own [...]
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Posted on June 14th, 2010 by Lyle Plocher
Buy Property In Israel is excited to announce the launching of our new Israel Real Estate Portal, a “full featured” Real Estate website, utilizing all the latest internet technology. There will be a short ramp up period as Real Estate Agents in Israel begin to post their property listings to the new site, so we encourage [...]
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Posted on June 10th, 2010 by Lyle Plocher
The average increase in home prices for May in Israel was around 2%, but in several places the increases were much larger. In Jerusalem prices fell by an average of 1.4%, with bigger apartments dropping more. Tel Aviv prices were down by 0.2%. The average increase for Israel’s 10 largest cities was only 0.7% in [...]
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Posted on June 8th, 2010 by Lyle Plocher
The CEO of Gindi Holdings Ltd, Guy Gindi, announced that his company would invest in land zoned for apartments in Tel Aviv and Ramat Gan in the coming year to the tune of NIS 1 Billion. The announcement came during a Press Conference to launch the Company’s new residential project in the Em Hamoshava neighborhood of [...]
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Posted on June 6th, 2010 by Lyle Plocher
Africa-Israel Residences Ltd. has made it’s first entry into south Tel Aviv, unveiling its Savyoney Tel Aviv project between the neighborhoods of Florentin and Neve Tzedek. The company will sell 113 of the project’s 130 apartments, with the landowners owning the rest.
The 12 story building was designed in the boutique style to preserve the [...]
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Posted on May 26th, 2010 by Lyle Plocher
Housing Minister Ariel Attias yesterday called on the Bank of Israel to shield people buying their first home from the mortgage reform the Central Bank revealed on Monday. The Bank of Israel took the marketplace by shock when the Supervisor of Banks, Rony Hizkiyahu, proposed increasing the cost of mortgages to all home buyers who borrow more [...]
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Posted on May 26th, 2010 by Lyle Plocher
The Bank of Israel announced a plan that will require Banks to set aside a reserve of 0.75% of the outstanding value of a mortgage, anytime the Bank lends more than 60% of the value of the property the borrower is acquiring. This new requirement will most likely discourage banks from agreeing to lend home [...]
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Posted on May 13th, 2010 by Lyle Plocher
An announcement by the Tel Aviv municipality’s Planning and Construction Committee is making big news. The Committee has decided not to approve building of any new towers in the city center of Tel Aviv. The new policy is part of an outline plan for Tel Aviv 2025 formed by the city’s engineering administration. The plan does not [...]
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Posted on May 5th, 2010 by Lyle Plocher
According to the Chief Appraiser at the MInistry of Justice, the average price of a four-room apartment in Israel, that sold in the first quarter of 2010, rose almost 17% from the corresponding quarter in 2009. This latest data contradicts forecasts made last year by Minister of Housing and Construction Ariel Atias that home price [...]
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