Show me an example Israel Real Estate News: In Sderot, real estate woes punctuate rocket blasts

Saturday, December 15, 2007

In Sderot, real estate woes punctuate rocket blasts

Questions about apartment prices in Sderot prompt an angry retort from Yaakov Solomon, who runs a small real estate agency in the center of town. "Sderot is not for sale," he says, but does not deny that property values have plummeted in recent years, to the point that "they can't drop any further."

His sense that prices have recently stabilized gains credence from the Israeli real estate Web site. Here it says that although prices in Sderot are lower than anywhere else in the South, they have remained stable over the past two months.