When I established My Israel Home over a decade ago, I thought that my company would focus exclusively on selling existing homes and not new projects under construction. The thinking was simple: There is less guesswork when buying an existing property and there is usually a much shorter waiting period to gain possession of the
At least 10 times a week I receive calls asking how the market is in Bal Harbour.
While it’s true I recently had a record sale in the “101” Bal Harbour condominium building, $2.9m, the same line unit, one floor higher, just sold for $2.275m, a 21% drop in price!
No matter where you apply for your mortgage, every single loan applicant will complete what is called a “Uniform Residential Loan Application” (“URLA”). This mortgage application template, also known as a “1003” (which is the Fannie Mae reference number), is the universal form used by nearly all mortgage lenders in the United
COVID-19 threw the country for a loop and New Jersey got hit hard. Not a shock given that it’s the most densely populated state in the country. But resilience is key to surviving any trauma, and it’s how people recover from tragedy that counts. Real estate, for many, was part of that recovery process.
Now that we have embarked on Elul 5780, with the acronym, Ani Ledodi Vdodi Li, it is time for reflection on both our past and how to improve our future with Hashem’s guidance and oversight. This past year in particular was unprecedented and strange since we look back to a time period where we had to unlearn all the middot, niceties and
(BPT) The American household is evolving. Traditional family households with parents and children up to 18 have transformed into a mix of various generations. The coronavirus pandemic has accelerated the growth of multigenerational households, including adults with boomerang children living at home after college, or aging parents
I received a call from someone who has an accepted offer to buy a home in Bergen County. He was anxiously trying to give me as much information as possible because he was “up against the clock” to decide if he should lock in his loan with the other mortgage person he was dealing with. His attorney expressed some concern over some vague
(Courtesy of ONE500) Leasing is underway at One500 in Teaneck, New Jersey, where BNE Real Estate Group has delivered 228 stylish apartments and a wealth
(StatePoint) Even avid nature lovers will agree that not all aspects of the outdoors belong inside one’s home. While bugs, mud and allergens will sneak their way into interior spaces, the steps you take to manage these elements can keep your home more comfortable.
The property market in Jerusalem is currently rolling along speedily. In my areas transactions are occurring and that include American buyers who have never seen the unit.
I want to examine the pros and cons of buying an apartment without seeing it.
1. The first point
As of this writing, the yield on the 10-year US treasury was just shy of.70%. We are at historical lows on the index, but a sudden spike of almost 20bps is causing a lot of concern in the interest rate markets. If I told you a year ago that the 10yr would be under 1%, you would have laughed. Although, if you go back to many of my articles,
(Courtesy of Ramat Givat Zeev) One of the ramifications of the COVID-19 pandemic is that it has accelerated the decision making process for many who had already been thinking of settling in Israel. But even those who