LGI Homes, Inc. reports recurring developments tied to its design, construction, and sale of new homes across U.S. markets. News commonly covers monthly home closings, active selling communities, quarterly financial results, margin guidance, backlog, pricing, inventory management, and the closing of currently or previously leased single-family rental homes.
Company updates also highlight new community openings and market expansions, including detached homes and townhomes offered with LGI Homes’ CompleteHome™ and CompleteHomePlus™ packages. Its announcements frequently describe community locations, floor plans, home features, amenities, and regional growth in markets such as Florida, Texas, Utah, Nevada, and the Seattle area.
LGI Homes (NASDAQ: LGIH) closed 1,222 homes in the third quarter of 2026, up 10.4% from the prior-year quarter. September closings rose 9.0% to 386 from 354 a year earlier. Quarterly closings included 33 currently or previously leased single-family rental homes; September included 8. The company had 151 active selling communities on September 30. Third-quarter results are planned for November 3 before market opening, with a call at 12:30 p.m. Eastern Time.
LGI Homes (LGIH) launched its “Make Your Move” National Sales Event on September 18, 2026, offering limited-time savings and incentives on select move-in ready homes across LGI Homes and Terrata Homes communities nationwide.
Incentives at LGI Homes communities include builder-paid closing costs, included upgrades and special interest rate offers on select inventory. Through its luxury brand, Terrata Homes, buyers can receive $25,000 in Flex Cash on select homes, which can be applied to eligible options based on individual needs. The event runs for a limited time and targets buyers seeking to move in before the holiday season.
LGI Homes (LGIH) reported closing 409 homes in August 2026, including 9 currently or previously leased single-family rental homes.
Home closings increased 9.9% from 372 in August 2025. As of August 31, 2026, the company operated 153 active selling communities.
LGI Homes (NASDAQ: LGIH) reported that it has been named one of U.S. News & World Report's 2026-2027 Best Companies to Work For. The company was recognized in the Real Estate and Facilities Management category and listed among the Best Companies to Work For in the South.
According to LGI Homes, U.S. News evaluated employers on factors important to today's workforce, including pay and benefits, work-life balance and flexibility, job and company stability, workplace culture, and career growth. U.S. News considered large private firms with at least 1,000 employees and over $500 million in revenue, and the 5,000 largest public companies by market cap.
LGI Homes (NASDAQ: LGIH) reported closing 427 homes in July 2026, including 16 currently or previously leased single-family rental homes. This total reflects a 12.1% increase from 381 homes closed in July 2025. As of July 31, 2026, LGI Homes operated 152 active selling communities.
LGI Homes (NASDAQ: LGIH) reported second quarter 2026 homebuilding revenues of $501.5 million, up 3.7% year-over-year, on 1,440 total home deliveries (+8.8%) and 1,365 home closings (+3.2%), with an average sales price of $367,407. Homebuilding gross margin was 19.8% and adjusted homebuilding gross margin was 23.2%, both above the midpoint of prior guidance. Net income was $27.0 million with diluted EPS of $1.16.
For the first half of 2026, homebuilding revenues were $821.2 million (down 1.6% year-over-year), with 2,246 home closings and average sales price of $365,649. LGI Homes reduced debt by $128.6 million, ending the quarter with a debt‑to‑capital ratio of 42.6%, net debt‑to‑capital of 41.6%, and total liquidity of $468.0 million.
On the back of these results, the company raised its 2026 guidance, now expecting homebuilding gross margin of 19.0%–21.0%, adjusted homebuilding gross margin of 22.5%–24.5%, and average sales price per home closed of $360,000–$370,000, while reiterating outlook for 4,600–5,400 home closings and 150–160 active communities at year‑end.
LGI Homes (NASDAQ: LGIH) announced the grand opening of Blue Ridge Crossing, a new 212-homesite community in Blue Ridge, Texas, north of Dallas. The community offers 11 single-family floor plans from about 1,300 to 2,500 square feet, with homes priced from the $290s.
All homes include the CompleteHome™ package with Whirlpool stainless steel appliances, premium countertops, designer cabinetry, luxury plank flooring, energy-efficient features, and move-in-ready interiors. LGI Homes will host a grand opening sales event with limited-time savings on August 8–9, 2026 at the Blue Ridge Crossing Information Center.
LGI Homes (NASDAQ:LGIH) announced the grand opening of Cypress Gardens, a new single-family home community in Marana, near Tucson. The community offers seven floor plans with 3–5 bedrooms, modern upgrades and amenities including parks, trails and green spaces. Homes start in the mid-$300s, and a July 25–26 grand opening event features a $5,000 savings opportunity for homebuyers.
LGI Homes (NASDAQ: LGIH) announced the grand opening of a new section at The Meadows, a single-family community in Mebane, North Carolina. The expansion offers three- to five-bedroom homes with two-car garages, six floor plans and the CompleteHome Plus™ upgrade package. A grand opening event with exclusive savings is scheduled for July 25.
LGI Homes (NASDAQ:LGIH) announced the grand opening of The Meadows at Riverside, a new single-family home community in Falling Waters, West Virginia. The neighborhood offers three- and four-bedroom homes with two-car garages, six floor plans and the CompleteHome Plus™ upgrade package at no additional cost.
Amenities include walking paths, pickleball courts, playground, gazebo, grills and green spaces, with nearby parks and major commuter routes. A grand opening event with limited-time savings is scheduled for July 11–12, 2026.