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LGIH News and Press, LGI Homes Inc. From 12/29/20

Stock Information

Company Name: LGI Homes Inc.
Stock Symbol: LGIH
Market: NASDAQ
Website: lgihomes.com

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LGIH - Homebuilders: This Time Was Different

To the surprise of countless pundits and experts, the U.S. housing industry has assumed a very different role during this economic crisis, serving as the unexpected leader throughout the early recovery. A confluence of near-term positive factors and long-term tailwinds converged over ...

LGIH - Home prices and pending sales grow; active listings drop to all-time low

Redfin's new report indicate a increase of 14% Y/Y to $320,714 in median home sale price during the 4-week period ending Dec. 20.Pending home sales surged 34% Y/Y with single week ending Dec. 20, pending sales growing 30% from the same week a year ago.New home listings for sale were up 1...

LGIH - Here's How This High-Growth Homebuilder Keeps Building Bigger Profits

Small homebuilder LGI Homes (NASDAQ: LGIH) has delivered well for investors, with shares up 60% so far this year due to record levels of demand for new homes. Home sales have grown by double digits every quarter, while orders surged an incredible 80% last quarter. On the Nov. 6 epis...

LGIH - LGI Homes Unveils an Innovative and Reimagined New Website

THE WOODLANDS, Texas, Dec. 18, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the launch of a reimagined and innovative website that enables our customers to find their perfect home in the perfect location. “We are excited to launch our newly designed w...

LGIH - Home price, home sales indicate hot housing November market; 2021 outlook strong

The housing market continued to hit new records in November, a month that's generally considered a slow one,  fueled by low mortgage rates and tight supply, according to recent reports from Redfin and Re/MaxNovember 2020 home sales surged ~20% Y/Y indicating a strong half-year run and ma...

LGIH - Homebuilders Beauty Contest: Building A Shortlist - Part 1

We do a homebuilder beauty contest because finding the right company to invest for the long term is more important than "timing the market". We shortlist 5 companies from leading homebuilders for both Blue-Chip and Growth categories. Our Growth shortlist is narrowed to LGI Homes,&...

LGIH - LGI Homes Introduces New Community in Austin Market

JARRELL, Texas, Dec. 10, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of a new community in the Austin, Texas market, Stonebridge Crossing . This new community offers homebuyers stunning new homes in a premier location starting in the low-$20...

LGIH - LGI Homes Announces the Launch of New Active Adult Website

THE WOODLANDS, Texas, Dec. 07, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the launch of a secondary website, LGIHomesActiveAdult.com . By endorsing communities that offer abundant amenities and promote an active lifestyle, this new site supports homebuye...

LGIH - Pending home sales rise 28% with home sale price increasing 16%, highest on record

A new Redfin (RDFN) report indicates median home sale price increased 16% Y/Y to $322,828, the highest on record, during the 4-week period ending Nov.29.Despite a dip during the Thanksgiving week post the typical seasonal trend, pending home sales increased 28% Y/Y in the Nov.29 ending four w...

LGIH - LGI Homes November home closings +28%

LGI Homes (LGIH) announces 960 home closings in November, +28.3% Y/Y from from 748 in 2019.YTD 7,709 home closings, +16.1% Y/Y. As of the end of November 2020, the Company had 114 active selling communities. LGIH is updating its full year closings guidance between 8,800 and 9,200 homes in 202...

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