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.
Summary not available.
LGI Homes (NASDAQ: LGIH) has announced the launch of Terrata Homes at Whisper Valley, a master-planned community in Manor, TX. This new section offers spacious, upgraded homes with three to five bedrooms, modern amenities, and open-concept designs. Prices for these homes start in the high $400,000s, with move-in ready options available. Whisper Valley spans 2,067 acres and features parks, trails, and 700 acres of green spaces, promoting sustainability and an active lifestyle. Future developments include local services such as schools and retail areas, enhancing the community's appeal.
LGI Homes continues to thrive in the homebuilding sector, having closed over 64,000 homes since its inception in 2003, and remains focused on quality construction and excellent customer service.
Summary not available.
Summary not available.
On April 5, 2023, LGI Homes (NASDAQ: LGIH) reported the closing of 529 homes in March 2023, totaling 1,366 closings for Q1 2023. As of March 31, 2023, the company operated 99 active selling communities. LGI Homes plans to announce its first-quarter financial results on May 2, 2023, before market opening, followed by a conference call at 12:30 p.m. ET.
With over 50,000 homes closed and operations in 35 markets across 20 states, LGI Homes has established itself as a leader in homebuilding. Notably, it has been profitable for over 19 years and is recognized as the 10th largest residential builder in the U.S.
Summary not available.
Summary not available.
LGI Homes (NASDAQ: LGIH) has officially opened its new community, Avondale North, located in Conyers, Georgia, just southeast of Atlanta. This community features a variety of amenities including a park, playground, splash pad, and sports courts, designed to cater to modern family needs. The new homes range from three to four bedrooms, priced from the low-$300s, and come with LGI’s CompleteHome™ interior package, which includes upscale features like granite countertops and energy-efficient appliances at no extra charge. LGI Homes has a proven track record of success, having closed over 50,000 homes and consistently profitable for over 19 years.
Summary not available.
Summary not available.