Tivuch Ida

Professional agency with a personal touch

Total value of bank mortgages drops 10.4% in October

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By Adi Ben-Israel

Mortgages taken from banks totaled NIS 3.5 billion in October, down 10.4 percent compared with September and 20% compared with October 2013. The figure is the lowest in the past year.
The low volume of mortgages is due to two main factors: the Succot holiday, which took place in October and detracted from activity, and people waiting for the 0% VAT law, which affected total deals in the real-estate market, thereby reducing the volume of mortgages.
The average monthly mortgage volume so far this year is NIS 4.2 b.; the volume of mortgages in October was 16% less than the monthly average this year.

Author: Ida Real Estate

I have dealt with people starting from my teen years whether it was a junior counselor position, volunteering in community centers for the elderly, working as a secretary and as a real estate agent. Dealing with the public is a learning experience and challenging. Someone once told me that a person can learn from every being they meet whether it be a child or a stranger they met for 2 minutes. This I hold true. I have met so many people and have learned a lot and keep learning. My father who ran his own business made it a point to provide good service to all his customers no matter how small the customer. I hope to offer quality, honesty, and result in happy customers whether they are sellers, buyers, or renters.

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