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.
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.
LGI Homes (NASDAQ: LGIH) has unveiled a new $3 million, 6-acre park at its Sweetwater Ridge community in Conroe, Texas. The park features comprehensive amenities including a children's playground, splash pad, two dog parks, 18-hole disc golf course, stocked fishing lake, and community pavilion with picnic tables.
Located along FM-1484 with access to I-45 and SH-105, the community offers three- and four-bedroom homes ranging from 1,076 to 2,174 square feet. Properties start in the $230s and come with either CompleteHome™ or CompleteHome Plus™ packages, featuring stainless steel appliances, landscaped yards, luxury vinyl plank flooring, and smart home technology.
The development is situated near Conroe ISD schools, major employers, and shopping destinations in Conroe and The Woodlands, with attractions like Lake Conroe nearby.
LGI Homes (NASDAQ: LGIH) has launched Mount Tabor Pointe, a new residential community in Dallas, Georgia, offering affordable single-family homes starting in the $390s. The development features 129 homes with three to five bedrooms and modern amenities including the CompleteHomePlus™ package with Whirlpool® stainless steel appliances and quartz countertops.
Located near GA-120 and Hwy 278, the community provides easy access to Marietta and is situated within the Paulding County School District. Residents will benefit from on-site amenities including a community park with playground, tot lot, and picnic areas. The development is also near Sara Babb Park, offering additional recreational facilities.
LGI Homes (NASDAQ: LGIH) has launched sales at Bennett Ranch, its largest self-developed community in Colorado. Located east of Denver in Bennett, the master-planned development will feature 601 homes across four phases, including 431 single-family homes and 170 townhomes.
The first phase of single-family homes is under construction, with townhomes planned for late 2025. The community offers homes starting in the $490s, featuring 3-5 bedrooms with modern layouts and the CompleteHome™ package. Two new floor plans, the Sage and Yosemite, debut at Bennett Ranch.
Notable features include:
- $2.75 million in community amenities, including a 5-acre park
- Strategic location near Denver International Airport with I-70 access
- Proximity to Bennett's educational facilities
- Modern amenities including energy-efficient appliances, granite countertops, and Wi-Fi-enabled features
LGI Homes (NASDAQ: LGIH) announces the grand opening of Ascot Woods, a new residential community in Mint Hill, North Carolina, just east of Charlotte. The development features spacious 3 and 4-bedroom homes with both one and two-story floor plans, equipped with the CompleteHome™ package.
Each home includes premium features such as energy-efficient Whirlpool® stainless-steel appliances, granite countertops, 36" upper cabinets with crown molding, programmable thermostats, double-pane Low-E vinyl windows, and Wi-Fi-enabled garage door openers.
Located in suburban Mint Hill, residents enjoy easy access to downtown Charlotte's amenities and major highways. The community is near recreational facilities including Reedy Creek Park and Mint Hill Veterans Memorial Park, offering various outdoor activities and sports facilities.
LGI Homes (NASDAQ: LGIH) has announced the grand opening of Tula Parc, a new residential community in Astatula, Florida. The development offers affordable three-, four- and five-bedroom homes starting from the low-$300s, featuring open-concept layouts and the CompleteHome™ package.
Each residence includes built-in upgrades such as granite countertops, stainless steel kitchen appliances, energy-efficient windows, and modern flooring in the base price. The community's location near Little Lake Harris provides residents access to outdoor activities like boating, fishing, and hiking, while maintaining proximity to major cities including Tavares, Clermont, and Orlando.
According to John Gammon, Vice President of Sales for Orlando, the location offers an ideal balance between city access and community benefits with competitive pricing. The Tula Parc Information Center is open daily, with move-in ready opportunities available.
LGI Homes (NASDAQ: LGIH) announces the grand opening of two new Houston-area communities: Canterra Creek in Iowa Colony and Trails at Cochran Ranch in Waller. Canterra Creek offers 3-4 bedroom homes (1,375-2,339 sq ft) starting in the $290s, featuring the CompleteHome™ package with premium amenities including a lazy river, pools, and sports courts.
The community's location provides easy access to Houston's major employers via Highway 288. Trails at Cochran Ranch, located in Waller, offers affordable 3-4 bedroom homes from the low-$200s, featuring open-concept layouts and community amenities including a park, playground, and walking trails. Both communities come with built-in upgrades such as granite countertops, stainless steel Whirlpool® appliances, and luxury vinyl-plank flooring.