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. reports recurring developments tied to its design, construction, and sale of new homes across U.S. markets. News commonly covers monthly home closings, active selling communities, quarterly financial results, margin guidance, backlog, pricing, inventory management, and the closing of currently or previously leased single-family rental homes.
Company updates also highlight new community openings and market expansions, including detached homes and townhomes offered with LGI Homes’ CompleteHome™ and CompleteHomePlus™ packages. Its announcements frequently describe community locations, floor plans, home features, amenities, and regional growth in markets such as Florida, Texas, Utah, Nevada, and the Seattle area.
LGI Homes closed 627 homes in June 2022, contributing to a total of 2,027 homes closed during the second quarter. By June 30, 2022, the company operated 92 active selling communities. Financial results for Q2 2022 will be released on August 2, 2022, with a conference call scheduled for 12:30 p.m. ET the same day. LGI Homes, headquartered in The Woodlands, Texas, ranks as the 10th largest residential builder in the U.S. since 2018, having closed over 50,000 homes in its 19 years of operation.
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LGI Homes has launched new single-family homes at The Colony in Bastrop, Texas, starting from the mid-$400s. This master-planned community provides quick access to major employers, schools, and outdoor attractions. Homes range from 1,801 to over 2,300 square feet, featuring open layouts, chef-inspired kitchens, and high-end finishes at no additional cost. Energy-efficient features are included to enhance sustainability. With over 50,000 homes closed and a 19-year legacy in homebuilding, LGI Homes continues to expand its presence across the United States.
LGI Homes has unveiled a new collection of move-in ready single-family homes at Luckey Ranch in San Antonio, with prices starting from the $280s. The homes range from 1,356 to over 2,100 square feet, featuring up to four bedrooms and three bathrooms. Each home includes modern amenities like stainless steel appliances, granite countertops, and energy-efficient features. Luckey Ranch offers excellent community amenities, including a sports park and recreational facilities, enhancing the family-friendly atmosphere.
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LGI Homes has announced the grand opening of Logan Square, an innovative community featuring spacious single-family homes in Fort Worth, starting from the $290s. These homes range from 1,316 to over 2,500 square feet, with numerous upscale features including energy-efficient appliances and granite countertops. Positioned conveniently near downtown Fort Worth and various amenities, the community offers recreational spaces such as parks and playgrounds. Interested buyers can schedule tours via the company's website.
LGI Homes announced the opening of a new section at Wedgewood Forest, expanding its offerings in Conroe, Texas. The community will feature 93 single-family homes starting from the mid-$340s, available in five unique floor plans ranging from 1,631 to 2,661 square feet. These homes come with modern amenities including stainless steel appliances and luxury finishes. The location offers proximity to major employers and local attractions, enhancing its appeal to potential buyers.
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LGI Homes announced the closure of 697 homes in May 2022, showcasing continued growth in its operations. As of May 31, the company operated 91 active selling communities. Recognized as one of America’s fastest-growing homebuilders, LGI Homes boasts a legacy of over 50,000 homes closed in its 19 years of operation and has been profitable every year. The company ranks as the 10th largest residential builder in the U.S. based on units closed and has received various workplace awards for its commitment to quality and customer service.