There’s a new mega trend match-up you should be watching!
3D printing is growing into more industries every day. Its latest conquest is the housing market.
Amber can see it unfolding right in her backyard. The FIRST 3D-printed building — concrete, hurricane-proofed, flood-resistant — is coming to life in Florida!
Our America 2.0 technologies — blockchain, smart contracts, 3D printing — are disrupting the whole housing marketing from construction to buying. [See my predictions for this Remade in America trend here.]
I believe this will lead to a monster surge for our mega trends as more new houses are built using 3D printing technology.
Check out today’s video for three ways you can buy into the untapped 3D printing housing market TODAY:
The Digital Future of Home Buying
Amber Lancaster: Welcome Main Street stock investors to Market Talk Monday on the Paul Mampilly YouTube channel — the home of Bold Profits’ strong hands nation! I’m Amber Lancaster. Thanks for tuning in.
Today, Tamara Barkhanoy, Investment Research Analyst at Bold Profits, who is a key analyst on Paul’s True Momentum and 100X Club trading services and our resident housing market expert with a millennial twist is joining us. She’s here to give you an update on two of her bold investment predictions for 2021.
Plus, I’m sharing details on the latest and greatest developments in 3D printing and construction and how you can play this market for potential profits. Hello Tamara! Good to see you. Glad you’re with us today.
Tamara Barkhanoy: Hi. Good to see you too.
Amber: Before we begin, please remember to click that subscribe button to get instant video alerts for this channel and give us a thumbs up if you like the content. Also, visit BoldProfitsDaily.com to sign up for our free investment e-letter delivered right to your email inbox. Let’s get started.
Tamara, I’m very interested in knowing the status of your 2021 predictions you introduced to us to on Market Talk this past December. Let’s begin with your first prediction.
You predicted that virtual home showings, which happens when a potential buyer of a home views a property online, sometimes in real-time without being physically present, will boom in 2021 with at least 80% of home showings taking this new approach starting this year.
Are you seeing evidence of this trend gaining popularity so far in 2021 with any new numbers/data to support it?
Tamara: Yes. I am seeing a lot of it. I am very excited. In my articles I mention the two big sources of information I use: Redfin and Zillow. These are online real estate brokerages. Redfin reported that in 2020 63% of homebuyers made an offer without seeing their home.
They didn’t go to the property, they did everything online. They looked online and made an offer online without ever stepping foot in the house. That’s massive. That was in 2020. That’s up from 32% the year before. As you can see, it’s a major jump.
Zillow announced last week that they are doing an improvement of their 3D touring technology. Before you were able to see the pictures of the house in 3D and you got some sense of what you are getting. But now, they are going to be using artificial intelligence (AI) and machine learning to give you a more interactive floorplan.
So you are going to get a feel for the space of everything you are getting. It’s almost like being there without being there. Seeing your home online is so much easier and so much more efficient. You don’t have to spend the money or the time. You don’t have to take days off work or drive everywhere.
I think that, coupled with the technology, is consistently improving. I think we will see even more skyrocketing of this trend in 2021.
Smart Contracts Are Going to Surge
Amber: I love that synopsis. Good insights. That’s brings me to my second question for today. I have in my notes that your second prediction is that we’ll see a surge in smart contracts to buy a home. First, tell us what smart contracts are. And then, are you seeing this trend coming to fruition so far?
Tamara: A smart contract is a contract that is written in code on a decentralized blockchain network. It self executes. The code verifies all the responsibilities by the parties and then the contract executes.
Say you want to buy a house. In that smart contract, you will write the responsibilities of the seller: house inspection, all the documents are legit and everything is legit and in order. Then you write the responsibilities of the buyer, like transferring an agreed upon sum of money.
The code is going to verify all the documents. It’s going to verify you made the transfer of money. The contract executes and, boom, you own a house now. That’s a smart contract in a nutshell. Because there’s a technology element, you don’t have to spend money to verify everything, you don’t have to spend days verifying money transfers.
Because blockchain network makes it almost impenetrable, you get the security element. It’s efficient, it’s safe, it’s better than it was. It’s the America 2.0 way of doing things. Unfortunately, right now there are not many numbers on percentages out there on how popular it’s getting so far in 2021.
But, I think with crypto coming top of mind for so many we are going to see this trend accelerated sooner rather than later. I will make sure to keep our Strong Hands Family updated through Market Talk and in my own Bold Profits Daily articles.
Amber: That’s fantastic information. I just have to ask before you leave us: Would you purchase a home using a virtual tour and a smart contract?
Tamara: Absolutely. I am the kind of person who doesn’t want to leave their house unless I have to. I leased my apartment here without seeing it. I looked online at all the pictures. Coming from another country, that was a lifesaver.
Amber: That’s something. America 2.0 is alive and well. You can see it through Tamara, our resident housing expert and investment analyst. Tamara, thank you so much for joining us today. I look forward to seeing you again in the very near future.
Tamara: Thank you for having me. Bye everyone.
3D Printing Breakthroughs in Home Construction
Amber: Another big thank you to Tamara for joining us. I have to share one America 2.0 megatrend that’s truly bolstering the housing market are new 3D printing breakthroughs in home construction.
As you know, Paul and the Bold Profits team have been warning you for some years now that a major U.S. housing shortage coupled with a big rise in millennial and generation Z household formations spells a boom for the home construction market.
As of January 31, 2021, as seen in this chart, the monthly supply for U.S. existing homes is at a 20-year low of just 1.9 months. This means it would take less than two months to sell a home in the U.S. housing market. This is down from 3.1 months in January of last year.
And know that any number below five months of supply is a sign of an extremely tight housing market. This is where our America 2.0 megatrend of 3D printing comes in. Late last month I alerted those who follow me on Twitter that history was made with the first U.S. commercial 3D-printed house built by SQ4D Inc.
It’s actually for sale in Riverhead, New York. This concrete home was built using revolutionary autonomous robot construction and is priced to sell 50% below comparable new homes in the area. Fast forward to last week, another 3D printing company — Printed Farms — built the first 3D-printed building in Florida.
As seen in this video, the hurricane and flood resistant structure is made with reinforced rebar and insulating concrete form. Plus, the company has plans to build two South Florida 3D-printed intercoastal villas. As Printed Farms aptly put it, “the construction industry is the world’s largest industry that hasn’t been impacted by a technology revolution.”
This means the home construction industry is ripe for 3D printing disruption. As a long-time Floridian who has lived through my share of major hurricanes dating back to 2004. Building codes here in Florida are the highest mandatory codes in the U.S.
Our homes literally must be fortresses from the structure itself, to hurricane impact windows and hurricane wind-rated garage doors. Building a home here is intense, so for 3D printing to build a hurricane-resistant home in Florida is beyond significant.
And per Grandview Research, the global 3D printing construction market currently valued at $7.1 million is forecast to grow revenues to $1.5 billion by 2027, a staggering 114.8% compound annual growth rate.
Based on the latest U.S. housing shortage data and the rise in mainstream 3D printing, I have 3 ways for you to play these megatrends. First, consider buying shares in the iShares U.S. Home Construction ETF (BATS: ITB). Second, consider adding The 3D Printing ETF (BATS: PRNT) to your America 2.0 portfolio.
Both ETFs offer exposure to these growing industries. Third, click the link in the description section of this video to learn how Paul plays the booming 3D printing market in his Profits Unlimited research service and find out why the Fourth Industrial Revolution with 3D printing at the helm is going to bigger than the stock market boom of the 1990s.
Subscribers who followed one of his 3D printing stock picks recommended last January are up 390% as of Friday’s close. So click that link to learn how you can make these potential gains as well in the 3D printing market.
This Week’s Economic Calendar
Finally, turning toward the U.S. economic calendar week ahead there will be nine major economic releases. On Tuesday, February’s consumer confidence will post at 10 am. On Wednesday, January new home sales will post at 10 am.
On Thursday, January preliminary durable goods orders and GDP annualized quarter-over-quarter fourth quarter second reading will both post at 8:30 am. And on Friday, wholesale inventories, personal income and spending, MNI Chicago PMI and University of Michigan sentiment numbers will post between 8:30 am and 10 am.
Of these releases, we’ll be watching new home sales and the latest GDP reading. And know you can follow Paul, Tamara and me on Twitter: @MampillyGuru, @TBarkhanoy and @ALancasterGuru. Throughout the trading week I post the results and our #BOP take for most of these economic releases.
Until next time, take care.
Editor, Profits Unlimited