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In this two-part interview series, we go behind the scenes with a seasoned developer of ...
May 12, 2022
QuickDraw Fund Control
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In this two-part interview series, we go behind the scenes with a seasoned developer of ...
December 9, 2016
QuickDraw Fund Control
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In this two-part interview series, we go behind the scenes with a seasoned developer of ...
January 18, 2019
QuickDraw Fund Control
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In this two-part interview series, we go behind the scenes with a seasoned developer of single-family tract homes in Southern California. Despite facing intense headwinds, their ability to quickly adapt has been vital for survival. Part 1 dives into the harsh realities of rising construction costs across all major trades.
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March 29, 2024
Greg Norris
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At QuickDraw Fund Control, we like to keep tabs on the trends that are affecting builders in the markets we serve. Some of the biggest news in 2022 has been the increase in mortgage interest rates. The average 30-year fixed mortgage rate is up by more than two percentage points since the beginning of the year, a fact that is seriously undercutting the purchasing power of homebuyers across the country. After spiking to well over 6% in June, rates have again shifted upward. According to data from S&P Global, the average interest rate for a 30-year fixed mortgage in October 2022 is 7.16% to 7.26%.Read more
September 12, 2022
QuickDraw Fund Control
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Construction funds control is a process wherein a third-party firm manages when and how funds are disbursed to contractors, subcontractors and suppliers on a construction project. It involves processing project-related invoices and lien releases, coordinating site inspections, providing progress reporting to all parties, and arranging for fund disbursements. At QuickDraw Fund Control, we take pride in our role as a trusted partner who helps monitor construction projects from inception to completion, ensuring that budget and funding line up with contracts and fulfillment schedules.Read more
June 1, 2022
QuickDraw Fund Control
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If you’re working on a project that is using construction loan funds control, you may be wondering, What exactly is it? Simply stated, construction funds control is a process wherein a third-party firm (like QuickDraw) manages when and how funds are disbursed to contractors, subcontractors and suppliers on a construction project.Read more
May 30, 2022
QuickDraw Fund Control
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Looking back on 2021, many economists predicted a slow economic recovery and a potential housing crash. But not only did the housing market continue to boom, but the stock market also had a banner year, with the S&P 500 increasing by nearly 27 percent. Thanks to government assistance, many businesses were able to survive, while others actually thrived in the pandemic-spawned consumer market. Ongoing social distancing measures kept many workers and students at home, and combined with historically low interest rates, demand for housing skyrocketed.
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May 12, 2022
QuickDraw Fund Control
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QuickDraw Fund Control is well-known for delivering comprehensive fund control services to construction projects in key markets across the U.S., and it keeps a close watch on trends that affect its partners in each one of those markets. Read more
April 8, 2022
QuickDraw Fund Control
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