Is it worth buying an apartment now?
The first question in the new Walla Real Estate series, in which Ofer Petersburg answers the surfers' questions, is also the first question everyone asks: Is it time to buy an apartment?
Ofer Petersburg answers:
The prophecy was given to fools. I don't consider myself a fool from the village, maybe from the city In the end, since the beginning of the war, things have changed, no builders, no workers, no tenders. Entrepreneurs who can, prefer to freeze sales and wait for better days. Those who are in the middle of the project and are forced to sell, offer attractive financing deals.
According to the Central Bureau of Statistics, the declines were By fractions of a percent, and in some cities we have even returned to increases. So it is true that there is an inventory of 62,000 unsold apartments, but the supply is far from meeting the demand. In the end it will burst, and then I promise you that you will pay more. Don't just listen to me, let's say the Bank of Israel also expects increases.
Watch the other questions in the series:
• Can the chosen lawyer propose a developer on his behalf in the evacuation of a building?
• Is it worth buying an apartment at a discount?
• How do you choose a tenant representation in a construction evacuation?
• How will we deal with the jump in the cost of the house and the house committee in the evacuation of construction?
• Our house was hit by a projectile, what do we do?
• Are war victims entitled to rent assistance?
• What do you do with one refusenik who insists on eviction?
• The contractor is late in delivery, and now requests to change conditions.
What to do?
• Do you really have to stay 10 years in a long-term rental apartment?
Ofer Petersburg has been a real estate editor, reporter and commentator for the past 28 years. He is a participant in many famous investigations in the field, presents a weekly real estate program on Radio Tel Aviv, and manages the "Israel Real Estate Group" on Facebook, which has approximately 58 thousand members. .
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