Lunch & Learn: Are appraisals the next big opportunity in mortgage fulfillment?

This Lunch & Learn for mortgage lenders will explore the evolution of the appraisal process as well as opportunities for innovation.

HousingWire Annual Virtual Summit

LAST CHANCE! Join us TODAY for a virtual recap of HousingWire Annual 2021! We will be streaming sessions and demos from our in-person event! Register now for content on all things housing!

Keep Up With the Latest Third Party Origination News

Want to stay up to date with the latest on the third party origination front? We designed a specific news hub with lenders and brokers in mind, with Rocket Pro TPO leading the discussion.

How to increase minority homeownership?

Today’s HousingWire Daily features a roundtable discussion from HousingWire’s Lunch & Learn series that looks at “Unpacking the lender’s vital role in increasing minority homeownership.”

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D.R. Horton invests in tech-focused builder that can 3D print a house in 24 hours

In the fight for affordability, D.R. Horton eyes tech solutions

D.R. Horton invested in a construction tech company that claims to be able to 3D-print homes in under 24 hours.

Construction tech company ICON and its Y-Combinator-backed nonprofit partner New Story, claim to have put up the first 3D-printed home in the U.S. in Austin.

 

This feat and ICON’s 3D printing technology are turning heads, helping the company raise $9 million in its seed funding round.

“It’s our mission at ICON to re-imagine the approach to homebuilding and construction and make affordable, dignified housing available to everyone throughout the world,” ICON Co-Founder and CEO Jason Ballard said in a statement.

“We’re in the middle of a global housing crisis and making old approaches a little better is not solving the problem. We couldn’t be happier with the team of global investors who are supporting ICON in our belief that the homebuilding industry needs a complete paradigm shift,” Ballard added.

ICON 3D printed home

(Courtesy of ICON)

With the rising price of home construction putting major constraints on inventory and affordability, the housing industry is desperately searching for solutions to rein in costs and solve the dearth of labor slowing down construction.

D.R. Horton’s involvement in the seed round for this company is a big flashing sign that changes– drastic, fundamental changes – could be coming to home construction sooner than later.

ICON is currently in the process of expanding its team and developing the second generation of its proprietary 3D printing technology. It will use its funds to improve its robotics, software and homebuilding process.

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