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The Time Is Right

12.11.2023

Most people would assume that when Israel is at war, stay away from real estate, but in actuality it’s the exact opposite, and I’ll tell you why:

During this specific time we’re surprisingly seeing the dollar get stronger, and the exchange rate to shekel went up (about four shekel to the dollar, ~). The exchange rate is the highest we’ve seen it in a while. With that said, this brings to light a few positive points regarding real estate in Jerusalem at the moment.

I think it’s obvious to everyone that the stronger the dollar, the more you can get for your money. In the last few years, prices of properties in Jerusalem have continued to rise, making it hard for most to buy properties that they would like to live in or are worth investing in. With the rise in the dollar, the return on investment will be well worth it and for those who would like to buy in order to live there, they can now afford a property with more sought-after amenities.
The war brought out the truth of what people think about not only Israel, but Jews in general, and antisemitism is out of control worldwide. Therefore, after the war is over we expect to see a tremendous uptick in Jews making Aliyah. Therefore, it’s highly likely that prices of properties will rise once again.

With that said, it’s important to seize the moment in getting a more valuable property without having to do anything, just because the dollar is strong. Those who always had the problem of not being able to afford the property of their dreams, now you can!

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Real Estate

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The Time Is Right