{"id":686,"date":"2013-06-28T17:08:06","date_gmt":"2013-06-28T22:08:06","guid":{"rendered":"http:\/\/www.stephaniepassman.com\/blog\/?p=686"},"modified":"2013-07-19T19:45:32","modified_gmt":"2013-07-20T00:45:32","slug":"rci-may-2013","status":"publish","type":"post","link":"http:\/\/www.stephaniepassman.com\/blog\/2013\/06\/rci-may-2013\/","title":{"rendered":"REALTORS\u00ae Confidence Index, May 2013"},"content":{"rendered":"<p>Among the numerous reports I study each month is one published by my own association, the REALTORS\u00ae Confidence Index (RCI). The report combines market analysis with responses from surveyed agents in the field. If you&#8217;re interested in the dry details of the housing market you may find it interesting.<\/p>\n<p>The RCI for May 2013 was recently released, and you can read it or download it below. Summary highlights <!--more-->from the report include:<\/p>\n<ul>\n<li>Buyer demand continues to be larger than the quantity of proerties coming on the market for sale.<\/li>\n<li>Realtors as a whole feel the market prospects for the next half-year are strong.<\/li>\n<li>Prices continue to rise.<\/li>\n<li>Properties are on the market for shorter times.<\/li>\n<li>Rising interest rates and insurance costs are a restraining factor on buyers.<\/li>\n<li>Credit requirements continue to be overly stringent.<\/li>\n<\/ul>\n<p>It&#8217;s true that the large banks are not helping the housing recovery with their over-reactive credit requirements, but the answer is to keep shopping, and my recommended lenders have been managing to deliver financing to my clients.<\/p>\n<p>Buyers today are in a very competitive market, and have to be strong with their financing and putting their best foot forward as homes come on the market. But just because it&#8217;s a race doesn&#8217;t mean to lose hope. As I tell my clients, someone has to win every race.<\/p>\n<p><a style=\"text-decoration: underline;\" title=\"View May2013 RCI on Scribd\" href=\"http:\/\/www.scribd.com\/doc\/150244691\/May2013-RCI\">REALTORS\u00ae Confidence Index, May 2013<\/a><br \/>\n<iframe loading=\"lazy\" id=\"doc_78019\" src=\"http:\/\/www.scribd.com\/embeds\/150244691\/content?start_page=1&amp;view_mode=scroll&amp;access_key=key-29mb8n30hj4zwt8v84c&amp;show_recommendations=true\" height=\"600\" width=\"100%\" frameborder=\"0\" scrolling=\"no\" data-auto-height=\"false\" data-aspect-ratio=\"0.772922022279349\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Among the numerous reports I study each month is one published by my own association, the REALTORS\u00ae Confidence Index (RCI). The report combines market analysis with responses from surveyed agents in the field. If you&#8217;re interested in the dry details &hellip; <a href=\"http:\/\/www.stephaniepassman.com\/blog\/2013\/06\/rci-may-2013\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[23,33,25,26],"_links":{"self":[{"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/posts\/686"}],"collection":[{"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/comments?post=686"}],"version-history":[{"count":5,"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/posts\/686\/revisions"}],"predecessor-version":[{"id":780,"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/posts\/686\/revisions\/780"}],"wp:attachment":[{"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/media?parent=686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/categories?post=686"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stephaniepassman.com\/blog\/wp-json\/wp\/v2\/tags?post=686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}