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.
LGI Homes (LGIH) has announced the grand opening of Cheyenne Valley, a new 144-lot community in North Las Vegas, Nevada. The development introduces the CompleteHome Plus™ package to the Las Vegas market, featuring three- and four-bedroom floor plans ranging from 1,244 to 2,068 square feet.
Home prices start from $399,900 for the Ash model and go up to $497,900 for the Tahoe model. Each home includes premium features such as Whirlpool® appliances, 42" wood kitchen cabinetry, and 9' ceilings. The community offers amenities including a playground, open turf area, barbecue grills, and walking paths, with convenient access to downtown Las Vegas, the Strip, and major highways.
LGI Homes (NASDAQ: LGIH) has announced the launch of its CompleteHome Plus™ upgrade package in Palm Bay, Florida. The package features three new floor plans designed to provide enhanced style, comfort, and value in the Space Coast region. According to Vice President of Sales Bosco Marchena, the homes come with upgraded finishes and modern amenities, offering quality construction at competitive pricing.
LGI Homes (NASDAQ: LGIH) announces expansion in Winston-Salem, NC with five new communities. Three communities are already open: Applewood (126 homesites, prices from $290s), Petticoat Junction (12 homesites, from $310s), and Sycamore Court (9 homesites, from $330s). Two additional communities, Robindale and Cider Hill, will launch later in 2025.
The communities offer one- and two-story homes ranging from 1,172 to 2,112 square feet, featuring 3-4 bedrooms and 2-2.5 bathrooms. Locations are strategically positioned around Winston-Salem, providing easy access to downtown, outdoor recreation, and major employers.
LGI Homes has launched Park Meadow at Walnut Grove, a new section of 30 upgraded homes in Vancouver, Washington. The development offers six floor plans ranging from 3-5 bedrooms, priced from $494,900 to $649,900. Each home features the CompleteHome™ package, including quartz countertops, stainless steel appliances, and energy-efficient features.
Located 5 miles north of Downtown Vancouver, the community provides easy access to I-5 and is near the 3.7-acre Walnut Grove Neighborhood Park. The development includes homes ranging from the 1,157 sq. ft. American model to the 2,592 sq. ft. Pearl model, all featuring fully fenced backyards and landscaped front yards.
LGI Homes (NASDAQ: LGIH) celebrated its ninth annual Service Impact Day, where employees dedicated their time to community service instead of regular business activities. On May 15th, team members contributed over 8,500 volunteer hours while working with more than 60 nonprofit organizations nationwide.
The event is part of the company's philanthropic initiative, LGI Giving, through which the company plans to donate upwards of $1 million in 2025 to support charitable organizations in communities where it operates. CEO Eric Lipar emphasized the day's significance in demonstrating the company's core values and commitment to community service.
LGI Homes (NASDAQ: LGIH) has launched sales at Henson Creek Farms, a new community in Moore, South Carolina. The development offers single-family homes priced from the $270s, featuring three to four bedrooms and introducing three new floor plans: the Edgefield, Arcadia, and Harris. Each home includes the CompleteHome™ package with premium features like Whirlpool® appliances, granite countertops, and luxury vinyl plank flooring at no extra cost.
Located near I-26, the community provides easy access to downtown Spartanburg, BMW Manufacturing, and essential retailers. Notable amenities include proximity to Anderson Mill Elementary School, Hatcher Garden, Croft State Park, and various recreational areas.
LGI Homes (NASDAQ: LGIH) has introduced two new townhome floor plans at Yarbrough Farms in Pilot Point, Texas, near Dallas-Fort Worth, with prices starting from the high-$290s. The new designs include:
The Addison plan (1,545 sq ft) features: - 2 bedrooms with en-suite bathrooms - 2.5 bathrooms total - 2-car garage - Open-concept living - Upstairs laundry room
The Marsh plan (1,798 sq ft) includes: - 3 bedrooms - 2.5 bathrooms - 2-car garage - Open-concept main floor - Covered back patio - Upstairs loft
Both plans come with the CompleteHome Plus™ package, featuring granite countertops, luxury vinyl plank flooring, Whirlpool® appliances, and designer finishes.
LGI Homes (NASDAQ:LGIH) announces the opening of Northridge, a new residential community in Montrose, Minnesota, west of Minneapolis. The development will feature 27 single-family homes starting in the mid-$300s, offering floor plans ranging from 1,157 to 2,317 square feet with 3-4 bedrooms and 2-2.5 bathrooms. Each home includes LGI's CompleteHome™ upgrades package and attached 2-3 car garages.
Located 1.5 miles from US-12W in Wright County, Northridge provides easy access to Buffalo and Twin Cities metro areas. The community features Northridge Park with walking trails, playground, and ice rink. This expansion follows LGI's successful Summerfield project in Waverly, where only 11 homes remain available.