Welcome to our dedicated page for Lgi Homes news (Ticker: LGIH), a resource for investors and traders seeking the latest updates and insights on Lgi Homes stock.
LGI Homes, Inc. (NASDAQ: LGIH) is an established homebuilder focused on the design, construction and sale of new homes, and its news flow offers insight into both operational performance and community development activity. Regular press releases cover home closings by month and quarter, active selling community counts and segment-level performance, giving investors and observers a detailed view of how many homes the company is delivering and where it is concentrating its efforts.
News items frequently highlight quarterly and year-to-date financial results, including home sales revenues, home closings, average sales prices, gross margins, adjusted gross margins, backlog and liquidity metrics. These updates are often paired with commentary from management on strategy, demand for entry-level and attainable housing and expectations for future closings and community counts.
Beyond earnings-related announcements, LGI Homes publishes news on new community openings and product launches. Recent examples include new single-family communities in Florida, new floor plans in Utah and townhome communities in Minnesota, as well as limited-release luxury communities offered through its Terrata Homes division. Such releases describe floor plans, included upgrades, community amenities and pricing ranges, giving context on the company’s product mix and geographic reach.
The company also announces national sales events and promotional campaigns, outlining incentives, financing opportunities and builder-paid closing cost offers across LGI Homes and Terrata Homes communities. Together, these news updates provide a comprehensive view of LGI Homes’ growth, community pipeline and positioning in the U.S. homebuilding market, making the LGIH news page a useful resource for tracking the company’s ongoing activity.
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LGI Homes has announced the grand opening of Gilman Walk, a new community in Arlington, Washington, featuring 115 townhomes near a conservation area along the Stillaguamish River. The community offers easy access to major employment centers, local shops, and outdoor activities. Three new floor plans range from 1,300 to 1,700 square feet, priced from the $460s, with upscale features included. This initiative enhances LGI's presence in the market, providing affordable housing options while supporting local amenities and scenic views.
LGI Homes closed 627 homes in June 2022, contributing to a total of 2,027 homes closed during the second quarter. By June 30, 2022, the company operated 92 active selling communities. Financial results for Q2 2022 will be released on August 2, 2022, with a conference call scheduled for 12:30 p.m. ET the same day. LGI Homes, headquartered in The Woodlands, Texas, ranks as the 10th largest residential builder in the U.S. since 2018, having closed over 50,000 homes in its 19 years of operation.
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LGI Homes has launched new single-family homes at The Colony in Bastrop, Texas, starting from the mid-$400s. This master-planned community provides quick access to major employers, schools, and outdoor attractions. Homes range from 1,801 to over 2,300 square feet, featuring open layouts, chef-inspired kitchens, and high-end finishes at no additional cost. Energy-efficient features are included to enhance sustainability. With over 50,000 homes closed and a 19-year legacy in homebuilding, LGI Homes continues to expand its presence across the United States.
LGI Homes has unveiled a new collection of move-in ready single-family homes at Luckey Ranch in San Antonio, with prices starting from the $280s. The homes range from 1,356 to over 2,100 square feet, featuring up to four bedrooms and three bathrooms. Each home includes modern amenities like stainless steel appliances, granite countertops, and energy-efficient features. Luckey Ranch offers excellent community amenities, including a sports park and recreational facilities, enhancing the family-friendly atmosphere.
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LGI Homes has announced the grand opening of Logan Square, an innovative community featuring spacious single-family homes in Fort Worth, starting from the $290s. These homes range from 1,316 to over 2,500 square feet, with numerous upscale features including energy-efficient appliances and granite countertops. Positioned conveniently near downtown Fort Worth and various amenities, the community offers recreational spaces such as parks and playgrounds. Interested buyers can schedule tours via the company's website.
LGI Homes announced the opening of a new section at Wedgewood Forest, expanding its offerings in Conroe, Texas. The community will feature 93 single-family homes starting from the mid-$340s, available in five unique floor plans ranging from 1,631 to 2,661 square feet. These homes come with modern amenities including stainless steel appliances and luxury finishes. The location offers proximity to major employers and local attractions, enhancing its appeal to potential buyers.