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 (LGIH) delivers essential updates for stakeholders tracking this innovative homebuilder's progress in affordable residential construction. This centralized resource aggregates official press releases, regulatory filings, and market-moving developments related to LGIH's strategic operations across 7 U.S. regions.
Investors and analysts will find timely information on quarterly earnings, land acquisition strategies, and community development initiatives. The curated collection emphasizes LGIH's core operational strengths – controlled land development processes, cost-efficient construction models, and targeted market expansion.
Content spans critical business areas including new community launches, operational milestones, leadership updates, and sustainability initiatives. Each entry maintains factual reporting aligned with SEC compliance standards, providing reliable data for investment research and market analysis.
Bookmark this page for streamlined access to LGIH's evolving corporate narrative within the competitive homebuilding sector. Regular updates ensure stakeholders remain informed about the company's progress in delivering affordable, amenity-rich housing solutions nationwide.
LGI Homes (Nasdaq: LGIH) has announced the grand opening of Bay Vista, a new community of 120 single-family homes in Bremerton, Washington. The homes range from 1,200 to over 2,100 square feet, offering five distinct floor plans. This development is strategically located near WA-3 and the Bremerton Ferry Dock, making it convenient for commuting to Seattle and Tacoma. Bay Vista aims to provide homebuyers a blend of affordable, high-quality living with attractive local amenities, including parks and shopping, and features a pocket park and paved walking paths.
LGI Homes (LGIH) has commenced construction of Club Liberty, a $9 million amenity center at the Summit at Liberty community in Rio Vista, California. The facility spans 4.5 acres and includes a fitness studio, resort-style pool, community garden, and gathering spaces. The Ranch House, a central hub within Club Liberty, will host various resident activities and features the Liberty House Café. Additionally, a sport court complex has been completed with tennis and pickleball courts. Homes at Summit at Liberty are available starting in the $380s, with an emphasis on modern designs.
LGI Homes (Nasdaq: LGIH) announced the opening of two new communities in the Denver area: Evans Place in Keenesburg and Sorrento in Mead. Evans Place offers affordable three- and four-bedroom homes starting in the low-$300s, featuring stylish upgrades and community amenities. Sorrento presents three to five-bedroom homes beginning in the low-$400s, with enhanced features. Both locations aim to meet the high demand for homeownership amid low interest rates, showcasing LGI's commitment to quality construction in this growing market.
LGI Homes (NASDAQ: LGIH) reported 640 home closings in May 2020, down from 681 in May 2019. However, the company achieved a 22.2% increase in total home closings for the first five months of 2020, totaling 3,080 homes compared to 2,521 homes in the same period last year. As of May 2020, LGI Homes operates 116 active selling communities.
LGI Homes (Nasdaq: LGIH) has launched three new housing communities in the greater Raleigh area: Avery Pond, Brinley Manor, and Legacy. Avery Pond features homes priced from the low-$200s, offering 1,316 to over 2,360 square feet with various upgrades.
Brinley Manor homes start in the $260s, ranging from 2,029 to 2,540 square feet, emphasizing family-friendly amenities and proximity to downtown. Legacy starts from the $230s, with homes between 1,949 to 2,368 square feet, and promises a $1.2 million amenity complex.
LGI Homes, Inc. (Nasdaq: LGIH) has opened a new community called Crimson Lake Estates in El Reno, Oklahoma. Designed for modern living, this community features five floor plans ranging from 1,461 to 2,700 square feet, with options for up to five bedrooms and two-and-a-half bathrooms. Homes include energy-saving features and designer upgrades, starting at $190,000. The information center is available for tours by appointment, adhering to safety guidelines. Crimson Lake Estates offers scenic views, recreational opportunities, and is close to local parks and community amenities.
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