When is the right time to invest in Jerusalem Real Estate?
The real question to ask is – is there any wrong time to invest in Jerusalem real estate? Over
the past decade Israeli home prices have risen by a whopping 350% and Jerusalem is
reflective of this trend. To be sure, the market has known slowdowns in activity over this
time, notably during the COVID-19 pandemic and the 2021 conflict. But though price dips
and slowdowns have taken place, the market has always rebounded with a vengeance. So in
terms of putting your money to work, any time is the right time to invest in Jerusalem real
estate. However, right now may be a better time than ever.
Given the Bank of Israel’s rate hikes, the general tightening of the belt Israeli citizens are
experiencing during the current crisis, and the holding back of more cold-footed investors,
the upcoming months may represent the best chance in staking out your future in the
eternal capital of the Jewish People.
Indeed, while investing in Jerusalem real estate is a sound financial move, few people
purchase a home in Jerusalem for financial reasons alone. Whether you seek to support the
Israeli economy during this time of need, or you are seeking a port in the storm for you and
your family, buying a home in Jerusalem is a deeply personal life choice – because this could
well be your home for the rest of your life.
It is therefore extremely important to make sure you are not only getting the best deal
possible on your money, in a culture and business environment where bargaining is
paramount, local knowledge of the real estate microenvironment is a game changer, and the
market is highly dynamic. But more than that, you need to make sure you are getting the
best deal of a lifetime – that the home you are purchasing is the right fit for your personal
lifestyle, for the community you wish to be a part of, and for all aspects of your personal and
family life.
Are you looking for a guide to help you navigate this turbulent market? Don’t hesitate to
contact us. Our experts are here to help you make not only informed decisions but the best
possible decisions.
