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LGI Homes Reports November 2022 Home Closings

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LGI Homes, Inc. (NASDAQ: LGIH) reported the closure of 412 homes in November 2022, maintaining a robust sales trajectory. By the end of November, the company operated 92 active selling communities across 35 markets in 20 states. Established for over 19 years, LGI Homes has successfully closed more than 50,000 homes and achieved profitability every year. The company, headquartered in The Woodlands, Texas, ranks as the 10th largest residential builder in the U.S. based on units closed and has received multiple workplace accolades.

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  • Closed 412 homes in November 2022.
  • Operates 92 active selling communities across 35 markets in 20 states.
  • History of closing over 50,000 homes with consistent profitability.
  • Ranked as the 10th largest residential builder in the U.S. since 2018.
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  • None.

THE WOODLANDS, Texas, Dec. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 412 homes in November 2022.

As of November 30, 2022, the Company had 92 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 November 2022?

LGI Homes closed 412 homes in November 2022.

What is the number of active selling communities for LGI Homes?

As of November 30, 2022, LGI Homes had 92 active selling communities.

Where is LGI Homes headquartered?

LGI Homes is headquartered in The Woodlands, Texas.

What is LGI Homes' rank 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 since 2018.

LGI Homes, Inc.

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2.48B
20.48M
12.89%
87.74%
9.4%
Residential Construction
Operative Builders
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United States of America
THE WOODLANDS