Israel real estate - This trend has also started to capture the real estate market as more and more websites specialize in the sale of real estate. In recent times the system of auctioning real estate through the internet is gaining ground though slowly and with reason. Real estate sales conducted through an online auction is now also offered in Israel. David Levy a lawyer who specializes in real estate has launched a new website called, mizrachonline, in which homes are been auctioned to the highest bidder.
In 2007 approximately 95,000 apartments and houses were bought and sold in Israel of which some 25,000 were new constructions. The majority of apartments were sold by conventional means either through a real estate brokers, the sales network of the development companies or through adds in the media.
