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 (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.
LGI Homes (NASDAQ: LGIH) has announced its expansion in Tampa, Florida with new scattered lot homesites in Spring Hill, complementing its existing Royal Highlands community in Brooksville. The expansion offers homes ranging from 1,032 to 1,981 square feet, featuring 2-4 bedrooms and up to 3 bathrooms, with prices starting in the $290s.
All homes include the CompleteHome™ package with premium features like granite countertops, Whirlpool® appliances, white wood cabinetry, LED lighting, and Wi-Fi-enabled garage door openers. The strategic location in Spring Hill's Nature Coast area provides residents access to outdoor activities, beaches, and urban amenities, targeting families, retirees, and outdoor enthusiasts.
LGI Homes (NASDAQ: LGIH) has launched sales at Creekside Estates in Terrell, Texas, featuring 141 new lots. The community offers homes ranging from $308,900 to $373,900, with floor plans spanning 1,316 to 2,501 square feet. Each home includes the CompleteHome™ package with energy-efficient features and modern finishes.
The development includes multiple amenities such as a swimming pool, children's playground, and planned park facilities for 2026. Located in Kaufman County with access to the highly-rated Terrell Independent School District, the community features an on-site elementary school and proximity to Dallas. Home options include 3-5 bedroom layouts, all equipped with granite countertops, luxury vinyl plank flooring, and energy-efficient appliances.
LGI Homes and its luxury brand Terrata Homes announce expansion in Cape Coral, Florida, with two new sales offices. LGI Homes offers affordable single-story homes in northern Cape Coral, ranging from 3-5 bedrooms (1,140-1,862 sq ft) and priced from the $340s to $420s. These homes include the CompleteHome™ package featuring Whirlpool® appliances, granite countertops, and luxury wood cabinetry.
The luxury brand Terrata Homes introduces larger homes ranging from 1,670-3,496 sq ft, priced from the $440s to $650s. These premium properties feature designer-inspired interiors, quartz countertops, and select plans include three-car garages and outdoor kitchens.
LGI Homes (NASDAQ: LGIH) reported its operational results for April 2025, announcing the closure of 450 homes during the month. As of April 30, 2025, the company maintained 147 active selling communities across its operations. This monthly update provides insight into the company's ongoing operational performance and market presence in the residential construction sector.
LGI Homes has launched Peach Crossings, a new 52-lot community in Winter Haven, Florida. The development features five new floor plans ranging from 1,160 to 2,244 square feet, with prices starting from $333,900 to $414,900. All homes come equipped with the CompleteHome™ package, including stainless steel Whirlpool® appliances, granite countertops, and smart home technology.
Located between Orlando and Tampa, Peach Crossings offers amenities including a children's playground, picnic pavilion, and two community ponds. The community is near LEGOLAND® Florida Resort and provides access to over 50 lakes. This marks LGI Homes' sixth community in Polk County, expanding their presence in Central Florida's growing market.
Terrata Homes, the luxury brand of LGI Homes, launches its largest development to date with 518 lots at Hallimore Ranch in Rosenberg, Texas. The community introduces seven modern floor plans on 55- and 60-foot lots, featuring contemporary exteriors with stone and stucco façades, black-framed windows, and sleek garage doors.
Homes range from 2,154 to 3,166 square feet, offering three to six bedrooms. Premium features include chef-ready kitchens with quartz countertops, KitchenAid appliances, and designer cabinetry. Starting from the mid-$400s, the development will include a 3.4-acre park with walking trails, playground, and splash pad, representing a $5 million investment in amenities set for Spring 2026 completion.
Located off US-59 near Brazos Town Center and Sugar Land, Hallimore Ranch combines upscale living with small-town charm, emphasizing open layouts, natural light, and outdoor living spaces.
LGI Homes reported Q1 2025 financial results with home sales revenues of $351.4 million from 996 home closings at an average price of $352,831. The quarter included a one-time $8.6 million expense for their forward commitment incentive program.
Despite affordability challenges and rate volatility, LGI maintains its 2025 guidance of 6,200-7,000 home closings across 160-170 active communities. However, due to potential tariff impacts, they adjusted gross margin guidance downward by 150 basis points at the low end and 100 basis points at the high end, now expecting 21.7-23.2%.
Key Q1 highlights:
- Net income: $4.0 million ($0.17 per share)
- Active selling communities: 146
- Total owned/controlled lots: 67,792
- Ending backlog: 1,040 homes valued at $406.2 million
- Total liquidity: $360.0 million
LGI Homes announces its first active adult community in Nevada with the launch of The Oasis at Hollywood Springs, a new 55-plus section in Las Vegas. The development features 26 homesites offering 2- and 3-bedroom single-level homes starting in the low $400s.
Located near the Sunrise Mountains and minutes from the Las Vegas Strip, these homes are specifically designed for active adults with modern features including:
- Extra-wide doorways and hallways
- Walk-in showers
- Gourmet kitchens with granite countertops
- Energy-efficient appliances
- Two-car garages
- Low-maintenance desert landscaping
Las Vegas ranks among Kiplinger's top 10 best cities for 55-plus homebuyers, offering mild climate, affordable living costs, and access to world-class entertainment and dining options.
LGI Homes (NASDAQ: LGIH) has announced the opening of a new section at Second Creek Farm in Commerce City, Colorado, adding 240 lots to this premier community. The expansion represents a significant investment, with $1 million dedicated to park and amenity development.
The community features move-in ready homes starting at $528,900, offering two- to five-bedroom floor plans equipped with the CompleteHome Plus™ package. Each home includes premium features such as stainless-steel appliances, granite countertops, and energy-efficient Rheia HVAC systems.
Located strategically, Second Creek Farm is just 10 minutes from Denver International Airport, 18 miles from Coors Field, and an hour from the Rocky Mountains. The development is adjacent to 840 acres of open space and connects to 25 miles of walking trails, providing residents with extensive outdoor recreation opportunities.