LGI Homes(LGIH)

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LGI Homes, Inc. Reports June and Second Quarter 2025 Home Closings and Announces Date for Second Quarter Earnings Conference Call
Globenewswire· 2025-07-03 21:49
Company Performance - LGI Homes closed 457 homes in June 2025 and 1,323 homes in the second quarter of 2025 [1] - As of June 30, 2025, the company had 146 active selling communities [1] Upcoming Financial Results - The company plans to release financial results for the second quarter ended June 30, 2025, before the market opens on August 5, 2025 [1] - A conference call will be held at 12:30 p.m. Eastern Time on the same day to discuss the results [1][2] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states [3] - Since its founding in 2003, LGI Homes has closed over 75,000 homes and has delivered profitable financial results every year [3] - The company has been recognized for its quality construction and exceptional customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [3] - LGI Homes has received numerous workplace awards, including the Top Workplaces USA 2025 Award [3]
LGI Homes Introduces Medley Park in Clayton, NC: A Stylish Townhome Community Close to Raleigh
Globenewswire· 2025-06-27 20:56
Core Insights - LGI Homes has launched Medley Park, a new townhome community in downtown Clayton, North Carolina, aimed at families and first-time buyers [1][2] - The Dagny floor plan features three bedrooms and two-and-a-half bathrooms, with a starting price of $284,900 [2][3] - The community emphasizes energy-efficient designs and quality finishes, including granite countertops and energy-saving appliances [3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service [6] - LGI Homes has received multiple workplace awards, including the Top Workplaces USA 2025 Award [6]
LGI Homes Launches “Sunsational Summer Savings” National Sales Event
Globenewswire· 2025-06-23 21:00
Core Insights - LGI Homes and its luxury brand, Terrata Homes, have launched the Sunsational Summer Savings national sales event, providing limited-time incentives on move-in ready homes across the U.S. [1][7] - The event runs from now until August 10, targeting both first-time homebuyers and move-up buyers with exclusive savings on select inventory homes in premier communities [2][3]. Company Overview - LGI Homes, headquartered in The Woodlands, Texas, operates in 36 markets across 21 states and has closed over 75,000 homes since its founding in 2003, consistently delivering profitable financial results [4]. - The company is recognized for its quality construction and exceptional customer service, earning a spot on Newsweek's list of the World's Most Trustworthy Companies [4]. Event Details - The Sunsational Summer Savings event includes special pricing and incentives that vary by community, such as exclusive interest rate incentives, builder-paid closing costs, and pricing incentives on select homes [3]. - The event aims to make homeownership more attainable for families, especially in the context of strong demand and limited inventory in many markets [3].
LGI Homes Announces Boone Trail Village: A New Community Offering Peaceful Living in Lillington, NC
Globenewswire· 2025-06-20 12:00
Core Insights - LGI Homes has launched Boone Trail Village, a new home community in Lillington, North Carolina, featuring 111 homes designed for modern living [1][4] - The community is strategically located between Raleigh and Fayetteville, providing residents with access to local amenities and outdoor attractions [2][3] Company Overview - LGI Homes, headquartered in The Woodlands, Texas, operates in 36 markets across 21 states and has closed over 75,000 homes since its inception in 2003 [6] - The company is recognized for its quality construction and customer service, earning accolades such as being named one of Newsweek's World's Most Trustworthy Companies [6] Community Features - Boone Trail Village offers a variety of spacious floor plans, including the CompleteHome Plus™ package with modern amenities like stainless steel appliances and smart home upgrades [4][5] - Homes are set on large lots ranging from half an acre to over two acres, providing ample outdoor space [4] Pricing and Accessibility - Homes in Boone Trail Village start in the $360,000s, making homeownership accessible in a picturesque setting [5] - The community aims to simplify the buying process with budget-friendly monthly payments [5] Home Designs - Various home plans are available, including the Taylor (1,584 sq. ft.), Clayton (1,964 sq. ft.), Marie (1,988 sq. ft.), Lee (2,070 sq. ft.), and Craven (2,397 sq. ft.), catering to different family needs and lifestyles [7][8]
LGI Homes Introduces Five New Floor Plans at Knights Bridge in Richburg, SC
Globenewswire· 2025-06-17 22:39
Core Insights - LGI Homes, Inc. has launched five new floor plans at Knights Bridge, a new-home community in Richburg, South Carolina, aimed at meeting the growing demand from homebuyers [1][2][3] Product Offerings - The new floor plans include diverse layouts designed to cater to various buyer needs and lifestyles [3] - Homes feature LGI's CompleteHome™ package, which includes premium upgrades such as stainless steel Whirlpool® appliances, granite countertops, and energy-saving features like LED lighting and double-pane Low-E windows [4] Community Features - Knights Bridge offers amenities such as a children's playground, dog park, and covered picnic pavilion, providing a peaceful and convenient living environment near shopping, dining, and the Catawba River [5] Pricing and Specifications - The new floor plans include: - The Blanco: 3 bedrooms, 2 bathrooms, 1,316 square feet, starting at $313,900 [9] - The Cary: 3 bedrooms, 2.5 bathrooms, 1,552 square feet, starting at $321,900 [9] - The Carolina: 3 bedrooms, 2.5 bathrooms, 1,700 square feet, starting at $329,900 [9] - The Avery: 3 bedrooms, 2.5 bathrooms, 1,800 square feet, starting at $338,900 [9] - The Graham: 4 bedrooms, 2.5 bathrooms, 2,218 square feet, pricing to be announced later [9] Company Background - LGI Homes is recognized as a pioneer in the homebuilding industry, operating in 36 markets across 21 states and has closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has received numerous awards for quality construction and customer service [6]
LGI Homes Launches New Premier Master Planned Community at Magnolia Woods
Globenewswire· 2025-06-12 21:00
Core Insights - LGI Homes is launching a new master-planned community named Magnolia Woods in Magnolia, Texas, featuring over 1,300 single-family homesites [1][2] - The community will offer homes under both LGI Homes and Terrata Homes brands, catering to a diverse range of buyer needs [4][10] - Magnolia Woods is strategically located near major employers and amenities, enhancing its appeal to potential homeowners [2][13] Company Overview - LGI Homes, headquartered in The Woodlands, Texas, has been a pioneer in the homebuilding industry since 2003, closing over 75,000 homes and achieving profitable results annually [14] - The company is recognized for its quality construction and customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [14] Community Features - Magnolia Woods will include various onsite amenities such as Flower Patch Park, a dog park, and integrated walking trails, enhancing the lifestyle for residents [11] - The community will provide access to high-quality education through the Magnolia ISD school system, with Magnolia High School being notably recognized [12] Market Context - Montgomery County, where Magnolia Woods is located, is the 7th-fastest growing county in the U.S., with a population growth of nearly 5% year-over-year [2] - The proximity to The Woodlands, recognized as one of the best job markets in the U.S., positions Magnolia Woods favorably for attracting new residents [2]
LGI Homes Announces Opening of Ocotilla Ranch in Apple Valley
Globenewswire· 2025-06-10 12:00
Core Insights - LGI Homes has launched Ocotilla Ranch, a new community in Apple Valley, California, featuring 128 lots designed for modern living with a blend of country charm [1][2] - Home sales are set to begin on June 14, 2025, with a grand opening event offering exclusive savings [5] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [6] - The company is recognized for its innovative approach to homebuilding and has received accolades for quality construction and customer service, including being named one of Newsweek's Most Trustworthy Companies [6] Community Features - Ocotilla Ranch offers a variety of open-concept floor plans ranging from three to five bedrooms, with sizes between 1,454 to 2,533 square feet, starting from the $510s [3] - Homes come with LGI Homes' CompleteHome Plus™ package, which includes high-end features at no additional cost, enhancing the living experience [2][3] - The community is designed with natural beauty in mind, featuring stucco and brick exteriors, desert landscaping, and scenic walking and horse trails [4] Local Impact - The development of Ocotilla Ranch aligns with the growing demand for housing in North Apple Valley, driven by industrial development [4] - The community is conveniently located near local schools, shopping, and dining, making it an attractive option for families [4]
LGI Homes Opens Lake Gallagher Estates in Dover, Florida, with Premium Homes on Expansive Lots
Globenewswire· 2025-06-06 12:00
Core Insights - LGI Homes has launched Lake Gallagher Estates, a new community featuring 26 upgraded homes in Hillsborough County, Florida, combining a small-town atmosphere with proximity to Brandon and Tampa [1][3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [11] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [11] Community Features - Each home at Lake Gallagher Estates is situated on a minimum of ¾ of an acre, with many homesites offering views of a private community lake [2] - The community is conveniently located near shopping centers, dining options, and top-rated schools, making it suitable for families [3] Home Specifications - Homes feature the CompleteHome Plus™ package, including high-end finishes such as stainless steel Whirlpool® appliances, quartz countertops, and ceramic tile flooring [4][5] - Exterior features include brick-paved driveways, professional landscaping, and stylish black-framed windows [6] Floor Plans and Pricing - The community offers various floor plans, including: - Cedar Key: 3 Bedrooms, 2 Bathrooms, 2-Car Garage, 1,680 Sq. Ft., starting from $594,900 [7] - Lido Key: 4 Bedrooms, 2 Bathrooms, 2-Car Garage, 1,979 Sq. Ft., starting from $637,900 [8] - Siesta Key: 4 Bedrooms, 2 Bathrooms, 2-Car Garage, 2,207 Sq. Ft., starting from $672,900 [9] - Palm Beach: 5 Bedrooms, 2.5 Bathrooms, 3-Car Garage, 2,409 Sq. Ft., starting from $699,900 [10]
LGI Homes, Inc. Reports May 2025 Home Closings
Globenewswire· 2025-06-04 22:04
Company Performance - LGI Homes, Inc. closed 416 homes in May 2025, indicating ongoing operational activity and sales momentum [1] - As of May 31, 2025, the company had 145 active selling communities, reflecting its extensive market presence [1] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, showcasing its broad geographic reach [2] - Since its founding in 2003, LGI Homes has closed over 75,000 homes and has delivered profitable financial results every year, highlighting its successful business model [2] - The company has received national recognition for quality construction and customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [2] - LGI Homes employs over 1,000 individuals and has earned numerous workplace awards, including the Top Workplaces USA 2025 Award, indicating a strong corporate culture [2]
LGI Homes Debuts New CompleteHome™ Plus Section at Star Valley in Tucson, AZ
Globenewswire· 2025-05-30 22:00
Core Insights - LGI Homes, Inc. has announced the grand opening of a new section at Star Valley, introducing the CompleteHome™ Plus package to the Tucson area for the first time [1][2][3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [8] - The company is recognized for its quality construction and exceptional customer service, earning a spot on Newsweek's list of the World's Most Trustworthy Companies [8] New Development Details - The new section at Star Valley includes 126 homesites and features four new floor plans, with prices starting in the $360,000s [2] - The CompleteHome Plus™ lineup offers modern finishes and elevated details, including 9-foot ceilings, upgraded wood cabinetry, quartz countertops, and luxury flooring [3][5] Floor Plans - The new floor plans available at Star Valley include: - The Bisbee: A single-story home with 3 bedrooms and 2 bathrooms [11] - The Payson: A spacious home with a large living area and chef-ready kitchen [11] - The Wellton: A two-story home featuring a flexible loft space and extra downstairs bedroom [11][14] - The Somerton: A thoughtfully designed two-story home with an open floor plan and spacious covered patio [11] Community Amenities - Star Valley is a master-planned community offering amenities such as dog parks, a basketball court, barbecue grills, and walking trails, designed to support an active and family-friendly lifestyle [6] Launch Event - The new section will officially open on May 31, 2025, featuring exclusive one-day discounts and incentives for potential buyers [7]