LGIH News and Press, LGI Homes Inc. From 10/26/22

Summary The housing market appears to be dissolving quickly. Housing starts in September also fell 8.1% from August and were below Street expectations (-7.2%). Another name that I like as a short that continues to puzzle me is ABNB ($119). For further det...

Summary With the latest index value of 38, the NAHB/Wells Fargo Housing Market Index is now nearly where it had been in May 2020 during the lockdown and below where it had been in February 2007, on the way down into Housing Bust 1. Traffic is a sign of interest among potential hom...

Summary With mortgage rates running higher unabated and mortgage demand decimated, homebuilder sentiment has continued to tank. As for the technical picture of homebuilder stocks, recent declines have been a bit healthier than the broader market. While homebuilder stocks have ...

Homebuilder LGI Homes ( NASDAQ: LGIH ) on Wednesday said it had closed 574 homes in Sept., compared to 504 homes closed in Aug. For Q3 2022, LGIH said it closed 1,547 homes, down 23.7% from the 2,027 homes closed in Q2. The company said as of Sept. 30, it had 93 ac...

THE WOODLANDS, Texas, Oct. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 574 homes in September 2022, resulting in a total of 1,547 homes closed during the third quarter of 2022. As of September 30, 2022, the Company had 93 active selling commun...

THE WOODLANDS, Texas, Oct. 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the successful return of the Company’s annual Service Impact Day, which was held on September 22, 2022. During this special event, every LGI Homes employee stepped away from th...

THE WOODLANDS, Texas, Sept. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH), today launched their 2022 Make Your Move National Sales Event, featuring special pricing on select, move-in ready inventory and builder-paid closings costs on available LGI Homes and Terrata Homes. ...

Homebuilder LGI Homes ( NASDAQ: LGIH ) on Tuesday said it had closed 504 homes in August, compared to 469 homes closed in July. The company said as of Aug. 31, it had 93 active selling communities, unchanged from July. LGIH stock earlier closed -2.2% at $88...

THE WOODLANDS, Texas, Sept. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 504 homes in August 2022. As of August 31, 2022, the Company had 93 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homeb...

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....