Lgi Homes Inc Stock Price, News & Analysis

LGI Homes (NASDAQ:LGIH) has announced the grand opening of a new $3 million amenity center at its Jennings Farm community in Middleburg, Florida. The facility includes a resort-style swimming pool, pickleball courts, playground, party lawn, and dog park.

The gated community features six floor plans equipped with the CompleteHome Plus™ package, which includes Whirlpool kitchen appliances, quartz countertops, and smart-home technology. Homes at Jennings Farm are available starting in the mid-$300s with immediate move-in options.

LGI Homes (NASDAQ: LGIH) has announced the launch of Medley Park, a new townhome community in Clayton, North Carolina, located 30 minutes from Raleigh. The development features the "Dagny" floor plan, a 1,231-square-foot townhome with three bedrooms and two-and-a-half baths, starting at $284,900.

The townhomes include premium features such as granite countertops, stainless steel appliances, designer wood cabinetry, and energy-efficient designs. Located near downtown Clayton, the community offers easy access to local amenities and the Clayton Municipal Park. Sales will begin on June 28, 2025, with special opening weekend incentives available.

LGI Homes (NASDAQ: LGIH) has launched its "Sunsational Summer Savings" national sales event, offering exclusive incentives on move-in ready homes across the country. The event, running through August 10th, 2025, features special pricing and incentives including interest rate reductions, builder-paid closing costs, and pricing incentives on select inventory homes.

The promotion encompasses both LGI Homes' standard offerings and their luxury brand, Terrata Homes, targeting first-time homebuyers and move-up buyers alike. The company aims to address current market conditions characterized by strong demand and limited inventory by making homeownership more accessible during the summer season.

LGI Homes has unveiled Boone Trail Village, a new residential development in Lillington, North Carolina, featuring 111 planned homes. Located between Raleigh and Fayetteville in Harnett County, the community offers homes starting in the $360s with lot sizes ranging from half-an-acre to over two acres. The development features five floor plans ranging from 1,584 to 2,397 square feet, with 3-4 bedrooms. All homes include the CompleteHome Plus package with premium features like stainless steel Whirlpool appliances, granite countertops, and smart home technology. The community's location provides access to local attractions including Raven Rock State Park, Downtown Fuquay-Varina, and various amenities while maintaining a peaceful, small-town atmosphere.

LGI Homes has unveiled five new floor plans at its Knights Bridge community in Richburg, South Carolina. The new offerings range from the Blanco, a 1,316 sq ft three-bedroom home starting at $313,900, to the Graham, a spacious 2,218 sq ft four-bedroom design. Other plans include the Cary (1,552 sq ft, $321,900), Carolina (1,700 sq ft, $329,900), and Avery (1,800 sq ft, $338,900). All homes feature the CompleteHome package with premium amenities including stainless steel Whirlpool appliances, granite countertops, and energy-saving features. Knights Bridge offers community amenities like a playground, dog park, and picnic pavilion, with convenient access to Charlotte and Rock Hill via I-77.

LGI Homes has announced the launch of Magnolia Woods, a new master-planned community in Magnolia, Texas, a rapidly growing Houston suburb. The development will feature over 1,300 single-family homesites offering both LGI Homes and Terrata Homes brands. Located in Montgomery County, the 7th-fastest growing county in the US with nearly 5% year-over-year population growth, Magnolia Woods will provide residents access to highly-rated Magnolia ISD schools and is situated less than 30 minutes from The Woodlands, ranked among the top 25 Best Job Markets in 2024. The community's strategic location offers convenient access to major employers like Chevron, Huntsman, and Baker Hughes, along with premium shopping, dining, and entertainment options. New home sales are scheduled to begin on June 14, 2025.

LGI Homes announces the opening of Ocotilla Ranch, a new residential community of 128 lots in Apple Valley, San Bernardino County. The community offers homes starting from the $510s, featuring three to five bedrooms ranging from 1,454 to 2,533 square feet. Each home includes the CompleteHome Plus package with high-end features at no extra cost. The development includes stucco and brick exteriors, desert landscaping, and scenic walking and horse trails. Located near schools, shopping, and dining, Ocotilla Ranch provides easy access to San Bernardino and North Apple Valley's industrial area. Move-in ready homes will be available during a grand opening event on June 14, 2025, featuring exclusive one-day savings.

LGI Homes (LGIH) has launched Lake Gallagher Estates, a new premium community in Dover, Florida, featuring 26 upscale homes on lots of minimum 3/4 acre each. The development offers four floor plans ranging from 1,680 to 2,409 square feet, with prices starting from $594,900 to $699,900. Most homes overlook a private community lake and come equipped with LGI's CompleteHome Plus package, featuring high-end finishes including Whirlpool appliances, quartz countertops, and premium fixtures. Located near FL-574, the community provides easy access to Brandon and Tampa, while maintaining a peaceful suburban setting. The development includes luxury features such as brick-paved driveways, professional landscaping, and extensive interior upgrades, catering to families seeking spacious, well-appointed homes in a convenient location.

LGI Homes (NASDAQ: LGIH) reported its operational performance for May 2025, revealing that the company closed 416 homes during the month. The homebuilder also disclosed that it maintained 145 active selling communities as of May 31, 2025. This monthly performance update provides investors with insights into the company's ongoing operational activities and market presence in the residential construction sector.