LGI Homes Reports November 2021 Home Closings
LGI Homes, Inc. (NASDAQ: LGIH) reported a significant increase in home closings, with 797 homes sold in November 2021. The total for the first eleven months reached 9,438 closings, marking a 22.4% rise from 7,709 closings in the same period last year. Currently, LGI Homes operates 104 active selling communities across 35 markets in 19 states. With over 50,000 homes closed since its inception and consistent profitability, LGI Homes is ranked among the top residential builders in the U.S.
- 797 homes closed in November 2021.
- Total of 9,438 home closings in 2021, up 22.4% from 2020.
- 104 active selling communities as of November 30, 2021.
- Ranked 10th largest residential builder in the U.S.
- None.
THE WOODLANDS, Texas, Dec. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 797 homes in November 2021. The Company ended the first eleven months of 2021 with 9,438 home closings, a
As of November 30, 2021, the Company had 104 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 18 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 19 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 2021 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
What were LGIH's home closings in November 2021?
How much did home closings increase for LGIH in 2021?
How many active selling communities does LGIH have?
Where does LGIH rank among residential builders in the U.S.?
