LGIH News and Press, LGI Homes Inc. From 06/30/21

SEATTLE, June 30, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced today the grand opening of its newest community near Seattle, Cedar Hill Estates , where the builder will construct 78 homes. Located in Stanwood, a desirable location in northwest Snohomish County n...

THE WOODLANDS, Texas, June 28, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the closing of the Company’s 50,000 th home since its inception in 2003. “From the beginning, our focus has been on fulfilling our customers’ dreams of h...

The company shows impressive revenue growth and a 25% ROE figure. Average selling price has been growing at a CAGR of 7.8%, faster than general house price appreciation rate, although some limitations apply. Despite these facts, the company is trading at a very conservative valuat...

The good news for buyers in the market for a home is that they may be facing less competition. But that's the result of the bad news — there's no sign of house prices falling."Some homebuyers are pausing or abandoning their plans to buy because homes in their area have gotten too expen...

Beneficiaries of the intensifying affordable housing shortage, manufactured housing ("MH") REITs have been the top-performing property sector over the past decade, continuing the strong momentum into 2021. Consistent with the trends across the residential REIT industry over the past q...

30-year fixed-rate mortgage averaged 3.02% for the week ending June 24, up from 2.93% recorded in prior week and down from 3.13% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey."As the economy progresses and infl...

LGI Homes (LGIH) announces the launch of their new collaboration with Modsy, an online interior design company. This collaboration adds immersive user interactions utilizing virtual renderings, known as 360° Looks, allowing visitors to virtually walk through an LGI floor plan and gain a ...

THE WOODLANDS, Texas, June 23, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the launch of their new collaboration with Modsy, an industry-leading online interior design company, to continue to bring new, innovative experiences to LGIHomes.com. This colla...

Led by market view that inflation increases are temporary, 30-year fixed-rate mortgage averaged 2.93% for the week ending June 17, lower from 2.96% recorded in prior week and down from 3.13% averaged in same period a year ago, according to the Fred...

The scorching-hot single-family housing market has finally cooled in recent months as record-low housing supply and soaring home prices have forced potential buyers to pause their home buying search. Would-be buyers are facing an increasingly tight rental market, however, as apartment...