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LGI Homes, Inc. Reports January 2023 Home Closings

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LGI Homes, Inc. (NASDAQ: LGIH) reported the closure of 331 homes in January 2023, continuing its growth in the homebuilding industry. As of January 31, 2023, the company operates 97 active selling communities across 35 markets in 20 states. Over its 19-year history, LGI Homes has successfully closed more than 50,000 homes and maintained profitability each year. Recognized as one of the fastest-growing homebuilders, LGI Homes is the 10th largest residential builder in the U.S. based on units closed. The company's commitment to quality construction and customer service has earned it multiple awards, including the Top Workplaces USA’s 2022 Cultural Excellence Award.

Positive
  • Closed 331 homes in January 2023, indicating continued demand.
  • Operates 97 active selling communities as of January 31, 2023.
  • Over 50,000 homes closed in a 19-year profitable history.
  • Ranked as the 10th largest residential builder in the U.S. by units closed.
Negative
  • None.

THE WOODLANDS, Texas, Feb. 03, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 331 homes in January 2023.

As of January 31, 2023, the Company had 97 active selling communities.

About LGI Homes, Inc.

LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 19 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 20 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally recognized for its quality construction and exceptional customer service, LGI Homes’ commitment to excellence extends to its more than 900 employees, earning the Company numerous workplace awards at the local, state and national level, including Top Workplaces USA’s 2022 Cultural Excellence Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.

CONTACT:
Joshua D. Fattor
Vice President of Investor Relations
(281) 210-2586
investorrelations@lgihomes.com



FAQ

How many homes did LGI Homes close in January 2023?

LGI Homes closed 331 homes in January 2023.

How many active selling communities does LGI Homes have?

As of January 31, 2023, LGI Homes had 97 active selling communities.

What is LGI Homes' ranking among residential builders in the U.S.?

LGI Homes is ranked as the 10th largest residential builder in the U.S. based on units closed.

What awards has LGI Homes received?

LGI Homes received the Top Workplaces USA’s 2022 Cultural Excellence Award among other accolades.

How long has LGI Homes been in business?

LGI Homes has a notable legacy of more than 19 years in the homebuilding industry.

LGI Homes, Inc.

NASDAQ:LGIH

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Residential Construction
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United States of America
THE WOODLANDS