Bruce Erickson

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October Monthly Skinny Video

November 22, 2021 by bruceerickson

Months’ supply of inventory was down 23.5 percent to 1.3 months. A balanced market is about 5-6 months of supply. 1.3 months of supply indicates a pretty extreme sellers’ market.

Filed Under: Monthly Skinny Video

Mortgage Rates Drop Below Three Percent Again

November 11, 2021 by bruceerickson

November 10, 2021
Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week. These low mortgage rates, combined with the tailwind of first-time homebuyers entering the market, means that purchase demand will remain strong into next year. However, affordability pressures continue to be an ongoing concern for homebuyers.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

September Monthly Skinny Video

October 25, 2021 by bruceerickson

There are some signs of a potential market shift, even though both new and active listings are down compared to last year and sales are up compared to 2019.

Filed Under: Monthly Skinny Video

August Monthly Skinny Video

September 23, 2021 by bruceerickson

In new construction, home builders continue to struggle to meet buyer demand, as housing starts nationwide dropped 7% last month, according to the Commerce Department.

Filed Under: Monthly Skinny Video

July Monthly Skinny Video

August 26, 2021 by bruceerickson

Filed Under: Monthly Skinny Video

June Monthly Skinny Video

July 26, 2021 by bruceerickson

The increase in sales prices comes with a slight decline in existing home sales nationwide, as homebuyers struggle with declining affordability amid a lack of inventory, forcing some buyers to simply wait it out in hopes of more inventory and less competition.

Filed Under: Monthly Skinny Video

May Monthly Skinny Video

June 21, 2021 by bruceerickson

Home prices are still on the increase and that is not likely to change during the summer months. The Median Sales Price increased 16.1 percent to $342,500 for the month.

Filed Under: Monthly Skinny Video

April Monthly Skinny Video

May 24, 2021 by bruceerickson

April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price.

Filed Under: Monthly Skinny Video

Third Post

May 4, 2021 by bruceerickson

Little Car Image
WordPress’ growing market share is fueling a continual influx of new users but also a higher level of scrutiny around advertising. Companies with large advertising budgets target this segment of consumers, because many who are new to WordPress need help hosting and creating their websites.

Last week Bluehost pulled an advertisement that misused WordPress’s trademark. The company’s PR department has not responded to our request for comment, but onlookers have noted that this isn’t the first time Bluehost has floated questionable ads. Multiple Facebook campaigns, dating back several years, include trademark abuses, as well as active campaigns on YouTube in various markets.

In another advertising-related matter, Elementor, a popular page builder used by more than five million websites, has caught some attention recently for its Google ads that target “full-site editing.” Birgit Pauli-Haack, the publisher of the Gutenberg Times, pointed out the ads last week in the Post Status Slack community.

Filed Under: Monthly Skinny Video

Second One

May 1, 2021 by bruceerickson

Coffee800WordPress theme development company Themix released its third free theme to the official directory this week. Churel is described as a theme for organizations and businesses that also works for traditional blogging.

The development team has a keen eye for modern color schemes and font families. The theme has a refreshing design that is rare for the free theme directory, at least at first glance. It is the sort of project with just the right amount of eye candy to pull users in.

If that was everything necessary for great design, the theme would land in my top 10 picks from WordPress.org without a second thought. However, after digging deeper, it was clear the design had some issues. They are fixable. It would not take much nudging of a few CSS rules to make this a much better theme, so let’s just dive right into the problems before getting into the good stuff.

The theme’s most clear-cut flaw is with its typography. Sizing and words-per-line work well enough. The default Open Sans font is rarely a poor choice for readability. However, the line height is far too large for a good flow, and the white space between paragraphs makes it tough to tell where one ends and the other begins. It is almost as if the team got halfway through with fine-tuning the typography and decided to simply stop. It is a glaring issue that makes the theme practically unusable for long-form content, but it could be addressed with two minor style changes.
Good Time To Buy

Filed Under: Monthly Skinny Video

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