Neveh Tzedek is a neighborhood that experienced bad and good days in the Tel Aviv apartments market. For many years people were disinclined to purchase apartments in Neveh Tzedek owing to its proximity to old Jaffa.

Many Real Estate agents can tell about the major rise in apartment prices there.

In view of the regional preservation project, apartment prices increased greatly since then, causing a much more fertile Real Estate market involving Real Estate agents from Tel Aviv.

Real Estate purchasers must have extensive financial resources as apartment prices in Neveh Tzedek are amongst the highest in the Tel Aviv area. Consequently, Real Estate agents' prefer to deal with transactions there as they are more profitable.

Many Real Estate agents can also tell of other regions such as Florentine; avoided for years by Real Estate agents from Tel Aviv and people searching for apartments to rent. Now it is an active Real Estate region.

Small businesses and trade operated during the day and there were dubious nightlife activities after dark. Then it became a new residential area, young and chic in character, housing musicians, students and young people.

In 2008 this came to a halt. Real Estate agents claim the rise in Tel Aviv apartment prices discontinued because of the world financial crisis, which also affected Israel.

Apartment sales and rent activity in Tel Aviv has slowed. Real Estate experts maintain this price slump will continue as long as the crisis continues.

When the world and Israeli economy recover, apartment sales market in Tel Aviv and in the entire country will be on the increase again.

Many Real Estate agents, especially Tel Aviv Real Estate agents, encourage whoever can afford it to purchase an apartment in Tel Aviv or elsewhere because the market is low and will sell at a good profit when the market recovers.

With this, Real Estate agents in Tel Aviv consider it will take five to ten years till the market shoots up again, therefore as potential buyers of apartments in Tel Aviv you must weigh up the advantages and disadvantages and make the best investment possible.