LGIH News and Press, LGI Homes Inc. From 08/31/22

DENVER, Aug. 31, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Cottonwood Greens , its newest community in the Denver market. LGI Homes at Cottonwood Greens is situated 30 miles north of Denver in the charming town of Fort Lupton....

Summary Sales of new single-family houses collapsed by 12.6% in July from the already beaten-down levels in June, and by nearly 30% from July last year, to a seasonally adjusted annual rate of 511,000 houses. Inventory for sale in all stages of construction jumped to 464,000 house...

LGI Homes ( NASDAQ: LGIH ) announces the opening of ShadowGlen, its newest Terrata Homes community in the Austin market, Manor. ShadowGlen offers a lineup of eight exclusive floor plans that have been designed with space and luxury in mind, these homes ...

MANOR, Texas, Aug. 22, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of ShadowGlen , its newest Terrata Homes community in the Austin market. Located in the historic town of Manor, this amenity-rich community offers homebuyers a variety of new, ...

DICKSON, Tenn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Nashville, Tennessee market, West Hills . This beautiful community is surrounded by wooded scenery and is located minutes from popular area amenities. ...

The confidence of builders of single-family houses, after the second-biggest plunge in the data last month, fell again in August. Traffic is an indication of interest by buyers. And with the headwinds buyers face, including sky-high prices and 5%+ mortgage rates, they’ve lost i...

VICTORVILLE, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Riverside, California market, Desert Willow Village . This incredible community offers homebuyers a variety of new homes with spacious layouts and ...

LGIH is likely to perform similarly to 2019, which means PE of about 14 on current prices, above their usual range of 8-11. So far in 2022, sales and market conditions have cooled aggressively however, improved inventory will put a firm base on performance. Peak inflation might be...

Those looking for a deep value “contrarian play” need not look much further than the homebuilders, which are perhaps the most unloved industry group across the entire equity market. This sharply bearish sentiment comes on the heels of a historically strong year of operat...

When people think about real estate stocks, many turn their attention to real estate investment trusts (REITs). Although you can certainly do well with REITs and the regular dividends they offer, other types of real estate companies are also crushing it now, despite the looming threat of a ...