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Monday, June 05, 2023
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Real Estate

Are You Working for Your Mortgage, Or Is Your Mortgage Working for You?

I was recently listening to a podcast where they interviewed a highly successful real estate investor. This woman was a school teacher turned professor who bought her first rental property for $80,000 “all cash.” She now has a real estate portfolio of almost forty homes with an estimated value of over 10 million dollars. The topper is

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Outdoor Design Trends for 2023

(BPT) 2023 will reveal a few new outdoor design trends, but two of them - mixed materials and bringing the indoors out - are maintaining their previous popularity into the new year. New trends landscape designers are anticipating include more interest in sustainability, expanding the use of outdoor spaces and maximizing cutting-edge

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Visions and Predictions for 2023

A husband and wife are getting ready for bed. The wife puts on her sleep mask, rolls over, and says, “good night!” Her husband pops out of bed and stands staring at himself in the full-length mirror. “What’s the matter with you?” she says. Come to sleep already.” He turns to her and says, “I am so depressed. Look at me: All I

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Buy a House in Merkaz Shapira and Enjoy Suburban Living in Israel

Move to your home in Israel or rent it out this summer.

(Courtesy of Tivuch Shelly) A new Anglo group is forming in a fabulous state-of-the-art housing project in Merkaz Shapira. This spectacular housing project is a great opportunity for Americans to buy a house and

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Selling the Grandparent Hotel

One of my favorite customers began our meeting with the following words, “We love the cozy three bedroom home you sold us where we raised our four children, the youngest of whom recently left for college. At the moment we are essentially empty nesters, but here is the plan. We want to buy a bigger home!”

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Do This If You Are Looking to Buy Within the Next Few Months

Find Time to Fly to Israel

If you are buying a second-hand apartment, visiting in person is crucial to understanding the market and what you are looking for.

If you are buying in a new build or in a TAMA 38, although not required, it is highly

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As the Market Grinds To a Halt, the Odds Are in Your Favor

We are closing out 2022 with the gears of the market slowly but surely grinding to a halt. Activity across all metrics is anemic and we’re witnessing a competition of record breaking statistics between the low inventory of houses for sale versus the distinctly high average listing price for those homes that do find their way to

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Is It Time to Get Your Home’s Ducts in Order?

(BPT) While homeowners invest time and money to make their homes comfortable and energy efficient, one common denominator of comfort and energy efficiency is often overlooked - the air inside a home. The old saying “what’s out of sight is out of mind” applies not only to a home’s air, but also to the attic ductwork that

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Why Doing Your Due Diligence Is Crucial

One major difference between the American and Israeli real estate markets is that in Israel, there are no contingencies when signing a contract.

What does this mean, and how does this affect you?

Finance

In Israel,

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Dona Gracia: A Remarkable Woman Who Defied the Inquisition and Saved Jews

My company’s Netanya maven, Ruthie Yudin, texted me from Dona Gracia Street in Netanya. Googling the street name, she was blown away by Gracia’s life, and wrote: “Her story must be told!”

Although streets in Tiberias and Haifa are also named in her memory, I was surprised that Gracia’s

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Dave Ramsey on Kosher Money: Part I

If you aren’t familiar with the Kosher Money podcast, now would be an excellent opportunity to check it out. Recently, Eli Langer, host of Kosher Money, and Zevy Wolman, entrepreneur and founding member of Living Smarter Jewish, had the pleasure of interviewing Dave Ramsey. As many of you might know, I have been a proud sponsor and

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Second Annual Housing Market Prediction

Last year we wrapped up 2021 with predictions for the upcoming 2022 market. We certainly called interest rate hikes correctly, but what we did not anticipate was the near total halt of inventory coming up for sale. We did predict that the driving force of the real estate market would be right around the $1 million mark, comprising

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