News

Feet On The Street – The Latest 10/28
Post-COVID-19 Strategy: Aim Low   Content for this edition of “Feet on the Street” comes from an interview with Mr. Kam Takhar, a good friend, terrific client and principal of Crowne Development, Inc. — a leading homebuilder located in Yuba City, California. As always, we hope you enjoy! Read more
October 27, 2020
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Home Sales Hit Record High in July
For those of us in the housing market who remember the Great Recession, the global pandemic has been a nail-biter. The typical pattern during a recession is that as incomes decline, fewer people buy homes. Since fewer people are buying, fewer homeowners list their homes for sale. The market slows, and sellers may even lower prices to attract buyers or move their homes faster. Read more
September 16, 2020
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Feet On The Street – The Latest 8/11
It’s all Surging: Homes Sales and Suburban Sprawl, COVID-19, Material Prices and Looming Shortages   For this edition of Feet on the Street, our content comes from multiple companies within and around the building industry. We hope you enjoy!Read more
August 10, 2020
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Feet on the Street – The Latest 5/19
It’s like navigating a shipping lane, and your GPS went out. You know where you are and where you’re going, but the map and weather forecast are gone. Everyone’s trying to figure it out.   Read more
May 18, 2020
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Feet on the Street – The Latest 4/21
Like politics, all market conditions and construction progress are local. This week, we continue to provide information, new trends and real-time updates to what we saw and learned across different construction platforms and locations. Read more
April 21, 2020
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Feet on the Street – The Latest 4/14
It has been another fluid week of firsts. We saw firsthand and spoke with clients in Washington, Ohio, Nevada and California. In California, a series of rainstorms dropped record amounts of April rain, which unfortunately impacted construction progress.Read more
April 13, 2020
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Founder of QuickDraw Fund Control Greg Norris to Join BICA Board of Directors
Greg Norris, Principal and Founder of QuickDraw Fund Control, an industry-leading Los Angeles-based firm providing fund control services for commercial and residential projects, has committed to serving as a board member for three years on the BICA Board of Directors, a Rancho Cucamonga-based company providing credit services to the construction industry, in a business development capacity.Read more
February 4, 2020
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Economic Forecast for US Construction: Strong Winds and Fog
When I turn on my computer and read the news of the day, it’s very difficult to make sense of all the different and conflicting stories about the economy and what part of it affects my business. It can be confusing and perhaps because we find ourselves, yet again, in uncharted waters.Read more
August 23, 2019
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How and Why Title Companies Changed Their Coverage Requirements
Every construction project requires many different team players, including lenders, borrowers, contractors, subcontractors, buyers and title insurers. Title insurers play a unique role throughout the process, providing protection for lenders and buyers. Recent changes in title insurance coverage have impacted the financial side of projects — for the better.Read more
July 16, 2019
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Answering Construction’s Million-Dollar Question: How Are You Dealing With Tariffs’?
Lenders, borrowers and builders have been keeping a close watch on tariffs — and threats of tariffs — on building materials like lumber, steel, granite and marble. Just last month, “import taxes on $200 billion of Chinese goods jumped to 25%,” reports The Associated Press. In the construction industry today, the question on everyone’s mind is, “How will these tariffs impact me and what can I do about it?”Read more
July 5, 2019
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